China Crypto News

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...

China accelerates its state-run crypto efforts in light of Libra

China’s timeline to make a state-run cryptocurrency just got moved forward. The announcement of the impending launch of Facebook’s Libra in 2020 has put...

Bitcoin Is Legal in China as per BCLRA Council Member

While a large portion of Asia is blasting, China keeps to remain on fruitless land for cryptocurrencies. The world’s second-biggest economy has kept its...

Chinese Yuan Drop Drives Investors to Bitcoin

Digital currency industry veterans state Chinese financial specialists are endeavoring to trade the yuan for different resources, similar to dollars and bitcoin, in light...

Series of ‘China Official’ Scams Plague Singapore

“Try not to succumb to tricksters who imitate authorities from China and request that unfortunate casualties exchange cash utilizing bitcoin machines,” said the police...

China Still Looks to Bitcoin Despite Bitcoin Mining Ban with Returning Investors

For a significant part of the historical backdrop of Bitcoin (BTC), dealers from Asia, explicitly China and Japan, commanded this embryonic market. China, obviously,...

China May Not Ban Crypto Mining After All

CoinDesk's Wolfie Zhao breaks down what China's National Development and Reform Commission's classification of cryptocurrency mining as an undesirable industry really means – and...

China Says Bitcoin Is Wasteful. Now It Wants to Ban Mining

China’s bitcoin miners have long embodied a contradiction. Cryptocurrency trading is illegal in the country; initial coin offerings, used to fund new blockchain projects,...

Latest news

OKX Launches ‘Orbit’ Social Trading Feature in App

OKX has launched a social trading feature called Orbit, allowing users to discuss markets and execute trades from within...

PsiQuantum starts 1 million-qubit Bitcoin-cracking build

PsiQuantum has broken ground on a Chicago facility designed to house a 1 million-qubit quantum computer that some scientists...

SEC Settles With Justin Sun’s BitTorrent Firm for $10M

The SEC moved to partially settle its 2023 case against Justin Sun by requiring Rainberry Inc. to pay a...

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