China Crypto News

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,...

China says it wants to eliminate bitcoin mining

Paul Ratje | The Washington Post | Getty Images A bitcoin mine near Kongyuxiang,...

Latest news

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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