A Peculiar Flavor of NFTs Is Thriving in China – One Regulators Can Abide

2022-9-15 20:05

Unlike most non-fungible tokens, China’s “digital collectibles” are built on closed networks and designed to appease regulators who frown on trading and speculation.

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China Completely Blacklists Crypto Mining, Adds It To The “Negative List For Market Access”

China’s authoritarian government has fixed its sights firmly on cutting all access to cryptocurrency-related activities in the country. Regulators in China banned cryptocurrency trading and mining this year, with the country’s central bank reiterating the ban by announcing that all crypto-related business dealings were now “illegal” late last month prompting cryptocurrency businesses to begin to […]

2021-10-13 14:50


Shilling for the Man: Why MSM Hates Crypto

Nearly every day as of late, scary headlines herald the demise of cryptocurrencies while federal governments and regulators all over the world crackdown on the enigmatic digital assets. ‘SEC Working Overtime to Take Control of Crypto Markets’, ‘People’s Bank of China Rules All Crypto-Related Trading Illegal’, ‘Russia’s Central Bank Wants to Slow Down Cryptocurrency Payments’, ‘Indian Authorities Consider Taxing Cryptocurrency Trades’, to name a few.

2021-10-5 14:01


US Senator puts pressure on SEC chair Gensler, says China’s crypto crackdown is a ‘big opportunity’ for America

Senator Pat Toomey of Pennsylvania said that China’s authoritarian crackdown on crypto should be taken as an advantage by the US.  To seize the opportunity, the US regulators need to change their “regulation-by-enforcement” ways, according to the Banking Committee Ranking Member, Toomey, who recently pressured the Securities and Exchange Commission (SEC) Chairman Gary Gensler to […] The post US Senator puts pressure on SEC chair Gensler, says China’s crypto crackdown is a ‘big opportunity’ for America appeared first on CryptoSlate.

2021-9-27 19:00


Ôîòî:

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

2021-6-6 19:00


Ôîòî:

Chinese Officials Are Investigating Crypto Mining Operations

Regulators in China’s Sichuan province are gathering information on cryptocurrency mining, potentially leading to a full crackdown on the practice, Reuters reports. The news comes after the Chinese government announced it will  “crack down on bitcoin mining and trading behavior, and resolutely prevent the transfer of individual risks to the society” according to a statement.

2021-6-8 22:56


Ôîòî:

China Announces Huge Crackdown on Cryptocurrency Mining

According to a new announcement by the Chinese government, the country is looking to crack down on cryptocurrency mining. The Thursday statement, penned by the State Council’s Financial Stability and Development Committee chaired by Vice-Premier Liu He, comes just three days after regulators banned any financial institutions from doing any business related to cryptocurrencies.

2021-6-8 17:44


Ôîòî:

Bitcoin Mining Operations Btc.top and Hashcow Cease Offering Services in China

Following some stern warnings from a few major trade associations and regulators in China, two prominent exchanges, Huobi and Okex, have stopped offering services to Chinese residents. After the two exchanges halted specific services to residents of mainland China, two bitcoin mining operations have also abandoned the country on Monday. Btc.top and Hashcow have suspended […]

2021-5-24 16:30


Ôîòî:

Ripple CEO Calls On US Regulators To Embrace Digital Currencies As Nation Falls Behind China On Crypto Innovation

Ripple CEO Brad Garlinghouse has once again called on the United States regulators to step up and “lean into digital currencies” as the nation is falling behind China in terms of crypto innovation. Notably, China has continued with the development of its central bank digital currency, to the extent of conducting real-world pilot tests on […]

2020-5-28 10:26


China's banks continue to embrace blockchain despite scalability, usability concerns

The world of regulators has been itching to regulate cryptocurrencies and device a solution to avoid any economic "threat" that comes with it. Development announcements made by countries like China, SThe post China's banks continue to embrace blockchain despite scalability, usability concerns appeared first on AMBCrypto.

2020-2-22 12:36


China Regulators Issue ‘Serious Warning’ On CryptoCurrencies; We Support Blockchain, Not Crypto

China is once again getting worried about the expansion of cryptocurrencies. Regulators have requested authorities to prevent the use of digital currencies by individuals in the country. This is according to a recently released announcement by the China Securities Regulatory Commission (CSRC).

2019-12-28 21:43


Ôîòî:

Chinese Regulators Question 8 Crypto Companies in Shenzhen

Authorities in Shenzhen have started pressuring crypto businesses operating in China’s tech capital. Eight companies, two suspected operators of trading platforms, and six entities allegedly associated with coin offerings, have been placed under inquiry, Chinese media revealed, with authorities reportedly questioning their representatives at a meeting hosted by Shenzhen Financial Regulatory Bureau.

2019-12-21 23:00


Five Chinese Crypto Exchanges Succumb To Regulatory Clampdown

China’s latest crackdown on the crypto industry has caused at least five of the local exchanges to shut down their operations or they will no longer cater to domestic users this month. After President Xi Jinping publicly promoted blockchain technology creating a market frenzy that has the Chinese regulators stepping up their scrutiny. A couple […]

2019-11-29 17:30