China Crypto News

China races to launch a cryptocurrency that could rival Facebook’s

A visual representation of a cryptocurrency coin on display in front of the logos for Facebook and Libra.Chesnot | Getty ImagesFacebook's cryptocurrency plans looked...

China aims to stop Facebook from surveilling your money, so it can do it first

If the possibility of Facebook and friends controlling your private data and financial history is a little too cringy for you, you’re not alone:...

China Telecom to develop blockchain smartphones

Chinese state-owned telecommunications company, China Telecom has revealed plans to develop blockchain-enabled 5G ready SIM cards, according to Chinese website Sina News.   China Telecom’s...

Bitcoin Price Rises Past $11,000 Mark Amid China Crypto Reluctance

Bitcoin (BTC) has passed $11,000 (£9,047.50) for the first time since mid-July on Monday. The digital currency has come to $11,860 (£9,754.85) in what...

China investigates alleged $176,000 EtherDelta exit scam

Non-custodial exchange EtherDelta has been reported to police for allegedly conducting an exit scam, according to Dovey Wan, a partner at cryptocurrency investment fund...

BTC Club Scam Sends Three Men to Prison in China

In June a year ago, a Chinese trickster was captured in Eastern China for a Bitcoin scam, which took 100 million yuan (almost US$15...

Bank of China to Raise Bitcoin Awareness

China’s antagonized view of Bitcoin is being reversed, albeit circumspectly. One of the nation’s driving monetary foundations, the Bank of China (BoC), has made...

Bank of China is bullish for bitcoin

There’s no doubting the Bank of China’s favorable stance on bitcoin: Yesterday, it posted an infographic on its website, explaining how cryptocurrency works, its...

Latest news

Brazil mandates 24-hour hold on crypto transfers over $10k

Brazil's central bank will require virtual asset service providers to place holds of up to 24 hours on transfers...

Senate Files Motion to Advance Crypto Clarity Act

Senate Majority Leader John Thune filed a motion to proceed on the Clarity Act early Saturday, initiating the procedural...

Crypto finally sheds ‘get rich quick’ label: Nansen CEO

Nansen CEO Alex Svanevik says crypto is shifting from "toy world" reputation to real-world assets like tokenized stocks and...