China Crypto News

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...

Report: Justin Sun has been on the lam from China since November 2018

Tron founder and CEO Justin Sun is apparently wanted by the authorities in China—and has been, ever since he “sneaked out” of the country...

China police pull plug on bitcoin miners after US$3 million power tip-off

An illicit bitcoin mining operation which stole nearly 20 million yuan (US$3 million worth of electricity has been shut down by police in eastern...

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Robinhood’s Crypto Trading Volume Plummets 29% in February Amid Market Downturn

Robinhood's crypto trading volume plunged 29% in February to $14.4 billion, outpacing declines in its equities and options trading...

Cantor Fitzgerald Launches $2 Billion Bitcoin Financing Business with Anchorage Digital and Copper as Custodians

Cantor Fitzgerald launches Bitcoin financing business with $2 billion in initial capital, partnering with Anchorage Digital and Copper as...

OCC Reaffirms Permissible Cryptocurrency Activities for Banks, Removes Prior Approval Requirements

OCC's Interpretive Letter 1183 confirms that national banks can legally engage in crypto custody, certain stablecoin activities, and blockchain...

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