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China Debuts Blockchain-Powered Salary Payments with Digital Yuan in Xiong’an
As part of efforts to conduct more test on its upcoming central bank digital currency (CBDC) and expand the scope of the digital yuan, China completed it first salary payment with the CBDC powered by blockchain technology, in the Chinese state-level new area, Xiong’an. дальше »
2021-6-15 23:00 | |
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Chinese workers will receive salaries in digital yuan
As part of the new cities program, some workers in Xiong’an will now receive salaries in digital currency from the PRC’s central bank. The authorities said in a statement that building smart cities involves experimenting with the digital yuan, driving innovation, use cases, and effectively promoting new regions and people. дальше »
2021-6-15 22:21 | |
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Reports of Mining Sector Cleanup Put China’s Yunnan Province in the Spotlight
Authorities in Yunnan are launching an investigation to identify and shut down miners that are illegally using electrical power to mint bitcoin, Chinese media reports. Inspections will also focus on potential safety hazards and will be carried out by various government departments. дальше »
2021-6-14 07:00 | |
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India Probes Cryptocurrency Exchange Wazirx in Chinese Money Laundering Case
India’s Directorate of Enforcement (ED) has reportedly sent a notice to Wazirx, one of the largest cryptocurrency exchanges in India, under the Foreign Exchange Management Act, 1999, (FEMA). The investigation was initiated “on the basis of the ongoing money-laundering investigation into Chinese owned illegal online betting applications,” the ED detailed. дальше »
2021-6-12 12:30 | |
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Chinese Authorities to Ban Crypto Mining in Yunnan Province, Report
Chinese province Yunnan is gearing up to outright ban crypto mining in response to similar moves by Qinghai, Xinjiang, and Inner Mongolia. The post Chinese Authorities to Ban Crypto Mining in Yunnan Province, Report appeared first on BeInCrypto. дальше »
2021-6-12 22:47 | |
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China arrests 1,100 suspects for laundering illicit funds through crypto
Chinese police officers have arrested more than 1,100 people suspected of using cryptocurrencies to launder funds obtained through telephone and internet scams. The suspects’ illegal activities were discovered after a recent crackdown. дальше »
2021-6-11 22:58 | |
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1,100 people arrested in China over alleged crypto fraud
Chinese police busted a network of more than 170 criminal groups as they arrested 1,100 suspects involved in money laundering by buying cryptocurrencies, security officials said in a statement. The post 1,100 people arrested in China over alleged crypto fraud appeared first on CryptoSlate. дальше »
2021-6-11 20:00 | |
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China Arrests 1,100 People Allegedly Using Cryptocurrency to Launder Criminal Proceeds
Chinese authorities have announced that more than 170 criminal gangs have been eliminated and over 1,100 suspects arrested in the latest round of crackdown on criminal groups providing cryptocurrency money laundering services for telecom fraudsters. дальше »
2021-6-11 19:00 | |
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We want to make Bitcoin mining more climate-friendly – Argo Blockchain CEO
Chief Executive Officer of Argo Blockchain Peter Wall was speaking on CNBC recently, about the efforts taken so far to make Bitcoin and cryptocurrencies more climate-friendly He said the firm has answered several questions from Chinese crypto miners after the Chinese government announced a ban on Bitcoin and crypto mining. дальше »
2021-6-10 14:31 | |
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Crypto-Related Money Laundering in China Leads to Arrest of 1,100 Suspects
The Chinese authorities arrested over 1,110 people suspected in crypto-related money laundering this past Wednesday. The post Crypto-Related Money Laundering in China Leads to Arrest of 1,100 Suspects appeared first on BeInCrypto. дальше »
2021-6-10 13:34 | |
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China’s Qinghai Province Instructs Bitcoin Mining Operations to Shut Down
Following the report that indicates specific Chinese miners in the Xinjiang region were told by officials to shut down, another agency in Qinghai has informed miners to cease operations in a recently published government mandate. дальше »
2021-6-10 08:30 | |
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China crackdown potentially a positive for Bitcoin carbon footprint
As the cloud of a crypto crackdown in China looms large, the prospect of Chinese miners moving their rigs to renewable energy sources is one potential silver lining. дальше »
2021-6-10 17:00 | |
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Hong Kong to Connect Digital Yuan With Domestic Payments System in Cross-Border Trials
Financial authorities in Hong Kong have announced a second phase of trials for mainland China’s digital currency. As part of the upcoming tests, the city will link the Chinese digital yuan to its domestic payments system to evaluate the CBDC’s usability in cross-border scenarios. дальше »
2021-6-9 16:30 | |
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Chinese search engines block 3 major exchanges: Binance, Huobi, and OKEx
The controversial tweets by Elon Musk and a wave of FUD around Bitcoin have taken a toll on the spot market. While the holders of crypto have been keeping tabs on every movement of digital assets, ChiThe post Chinese search engines block 3 major exchanges: Binance, Huobi, and OKEx appeared first on AMBCrypto. дальше »
2021-6-9 15:30 | |
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There’s A Massive Bitcoin Adoption Trend About To Thump The Philippines
As the Bitcoin adoption rate surges across the globe, many parts of the Asian continent remain committed to grabbing a piece of the Bitcoin pie before the industry gets saturated. While the Chinese and Japanese governments have been adopting strict cryptocurrency policies that have forced leading firms to migrate, the Philippines is opening its arms […] дальше »
2021-6-8 00:04 | |
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СМИ: Bitmain снизил цену устройств на фоне критики майнинга в Китае
Производитель ASIC-оборудования Bitmain снизил цену устройств Antminer на 20% на фоне падения курса биткоина и критики майнинга властями Китая. Об этом сообщил журналист Колин Ву. Exclusive: Affected by recent regulatory policies of China and Bitcoin prices, Bitmain’s Antminer has cut prices by about 20%, and some Chinese customers have requested refunds. дальше »
2021-6-7 18:43 | |
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VeChain (VET) could partner with the Chinese government to expand blockchain
Officials include the leaders from Huangpu, Changning, and Shanghai districts. According to the company, they were planning to discuss potential transformative partnerships The Chinese government has been very vocal about its dislike for cryptocurrency trading and mining lately, but the country’s love for Blockchain technology is obvious. дальше »
2021-6-8 15:53 | |
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Weibo Cracks Down Crypto Related Accounts as China Strengthens Its Anti Crypto Stance
Sina Weibo, the Chinese equivalent of Twitter, banned the accounts of several key cryptocurrency and defi influencers in the country yesterday, according to reports from local sources. This might be a continuation of the anti-crypto stance the Chinese state has been exerting since 2013, and more profoundly in the last days with the crackdown of […] дальше »
2021-6-7 07:30 | |
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Did Bitcoin Just Stumble Below $36,000 On Reports Of Chinese Weibo Blocking Many Crypto-Related Accounts?
The recent regulatory crackdown on bitcoin and crypto in China has reached a new dimension, with the country’s social media giant Weibo banning several crypto-related accounts. The news was reported by Colin Wu or Wu Blockchain on Twitter, the author of the Chinese crypto newsletter Wublock, who described this as “the harshest suspension of crypto […] дальше »
2021-6-6 20:25 | |
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Hainan Province Warns Investors Against Illegal Crypto Fundraising Schemes
Chinese regulators in the Hainan province have warned residents not to involve themselves in cryptocurrency-related fundraising activities, as they are illegal in the island province. Hainan Cautions Against Illegal Crypto-Related Fundraising Activities According to Reuters on Thursday (June 3, 2021), a report by Nanguo Metropolis Daily stated that the local branch of China’s central bank,Read More дальше »
2021-6-6 19:00 | |
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Crypto Accounts Suspended on Chinese Twitter Equivalent Amid Crackdown
The Chinese equivalent of Twitter has reportedly suspended a large number of cryptocurrency-related accounts The post Crypto Accounts Suspended on Chinese Twitter Equivalent Amid Crackdown appeared first on BeInCrypto. дальше »
2021-6-5 16:34 | |
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Chinese province sounds fresh alarm on ‘illegal’ crypto schemes
China’s Hainan province issued a fresh warning about illegal crypto schemes yesterday, adding to what is an ongoing campaign against the growth of the industry in the region. The post Chinese province sounds fresh alarm on ‘illegal’ crypto schemes appeared first on CryptoSlate. дальше »
2021-6-5 13:58 | |
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US-Based Exchange BitMart Updated Policies Regarding Crypto Services for China, Striving to Comply with Regulations Around the Globe
A fresh wave of regulations on crypto mining and related activities coming from the Chinese government recently hit the market hard, causing cautious miners and traders to halt all or part of their operations in China. дальше »
2021-6-4 06:52 | |
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Is Chinese Smartphone Giant, OnePlus Working On A Crypto Project?
A recent survey by smartphone manufacturer, OnePlus, has fuelled increasing suspicion that the company is prepping up plans to roll out its native cryptocurrency and native wallet service to go with it. дальше »
2021-6-4 00:49 | |
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Chinese state-run TV network draws attention to DeFi scams on Uniswap
CCTV-13, a TV channel that is part of the state-controlled China Central Television (CCTV) network, aired a new report today, highlighting how easy malicious actors can create fraudulent tokens and sell them on decentralized finance (DeFi) platforms such as Uniswap. дальше »
2021-6-3 07:00 | |
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Chinese Crypto Mining is Economically Efficient, Argues Canaan CEO
Chinese crypto mining equipment producer Canaan is arguing against the indiscriminate crackdown on cryptocurrency mining in China, citing mining’s economic efficiency. The post Chinese Crypto Mining is Economically Efficient, Argues Canaan CEO appeared first on BeInCrypto. дальше »
2021-6-2 14:43 | |
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Publicly-listed Chinese brokerages eye Bitcoin offerings, but there’s a catch
Chinese online brokerages Tiger Brokers and Futu plan to bolster crypto trading services, taking on global players Robinhood and eToro, as per a report in the South China Morning Post today. The post Publicly-listed Chinese brokerages eye Bitcoin offerings, but there’s a catch appeared first on CryptoSlate. дальше »
2021-6-2 07:00 | |
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More Heat For The Bitcoin Market As Chinese Investors Combat Government Restrictions
Chinese investors are paying no mind to the government warnings on over-the-counter cryptocurrency trading as they rush into the market in large numbers to accumulate their own share of cryptocurrencies, with a lot of attention being placed on Bitcoin. дальше »
2021-6-2 01:23 | |
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Robinhood Could Face Intense Competition From A Pair Of Chinese Brokers Looking To Offer Crypto Trading To Clients
Two trading apps in China, rivals to American platform Robinhood, are exploring a move into the cryptocurrency space as they seek expansion into the U.S market. According to a report from CNBC, the companies – namely Futu and Tiger Brokers – revealed they were in the process of applying for licenses for Singapore and America […] дальше »
2021-6-2 22:34 | |
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China’s Regulatory Crackdown Focused on High Leverage Derivatives Trading
Buying, selling, and holding of cryptocurrencies is not affected; rather, derivatives trading is targeted as crypto exchanges suspend related services for Chinese users. The post China’s Regulatory Crackdown Focused on High Leverage Derivatives Trading first appeared on BitcoinExchangeGuide. дальше »
2021-6-1 20:15 | |
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Tiger Brokers and Futu to Offer Crypto Trading Services Outside China
Two Chinese online brokerages have set out to enter the global crypto trading market. The platforms, Tiger Brokers and Futu, are planning to offer their services only outside the People’s Republic as Beijing is once again cracking down on bitcoin trading in the country. дальше »
2021-6-2 17:00 | |
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Robinhood faces competition from two new Chinese entrants
As China continues its crackdown on cryptocurrencies, some companies in the region are not lying low to take the heat. According to a recent report, two Chinese online brokerages have decided to expand their business to include crypto trading abroad. дальше »
2021-6-1 13:59 | |
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Chinese traders defy the current crypto crackdown by betting secretly
Chinese crypto investors are going against the government’s largest crackdown on crypto since 2017 by placing secretive bets. A report unveiled this news on May 31, noting that this development shows just how hard the Chinese government has to work to control the speculative boom in cryptos. дальше »
2021-6-1 22:02 | |
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How Ethereum Could Power A CBDC, According To A Chinese Goverment Official
Yao Qian, a member of The China Securities Regulatory Commission, presented a case where a possible Digital U. S. dollar and the Digital Yuan run on top of Ethereum’s network. The government official spoke on The International Financial Forum (IFF) 2021 in Beijing on May 30th. дальше »
2021-6-1 21:22 | |
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Billionaire Ray Dalio says Chinese ‘digital’ yuan could compete with Bitcoin
Bridgewater Associates founder and CEO Ray Dalio says Bitcoin can see traction in the years to come, but that the digital version of Yuan, China’s national fiat currency, could ‘compete’ with it. The post Billionaire Ray Dalio says Chinese ‘digital’ yuan could compete with Bitcoin appeared first on CryptoSlate. дальше »
2021-6-1 19:00 | |
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Chinese Bitcoin (BTC) Traders Turn to OTC Desks to Circumvent Ban
Trading activities on Chinese over-the-counter (OTC) desks have started to gain momentum once again just a few weeks after authorities announced plans to crack down on bitcoin (BTC) trading and mining operations, according to a Bloomberg report on May 30, 2021. дальше »
2021-6-1 15:00 | |
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