Category: China
Cryptocurrency China
KuCoin Spearheads A $10 Million Funding Round For The Issuer Of Yuan-pegged Stablecoin
The investment division of a prominent crypto exchange, KuCoin, is taking steps to endorse the stablecoin projects by supporting a stablecoin issuer pegged to the…
East China Sea Dispute: China Challenges Japan’s Territorial Claims
The East China Sea has been an area of increasing tension between China and Japan for some time now. In recent weeks, the situation has…
Ties Between Binance and Binance.US Exposed via Internal Messages
Binance and Binance.US have always been seen as unrelated entities, with little evidence to support their purported intimate link. However, a recent investigation by investigative…
Sri Lankan Central Bank Governor Says Adopting BTC Can Worsen the Economic Condition Of the Country
Tim Draper, an American billionaire, recently proposed the concept of Bitcoin adoption as a legal tender when he visited Sri Lanka. As per Draper, Bitcoin…
Chinese CCP Party Expels A Provincial Official For Violating Digital Asset Mining Ban
Earlier today, the Chinese Communist (CC) Party, through its central committee, announced the expulsion of the top-ranked official who was charged guilty after a series…
China Records Rapid Growth of Its Official Digital Currency
It has been a short while that China has introduced its official digital currency called “digital Yuan” which is backed by People’s Bank of China…
YUAN PAY GROUP Review – A State of the Art Trading Bot
YUAN PAY GROUP Review In the recent years, the cryptocurrency industry has gained so much success and recognition that almost every person is willing to…
Will Crypto Trading in China Ever Get Back to Normal
One of the biggest stories going on in the crypto world was that of China and its recent announcement of discontinuing its crypto operations. As…
Confusion Looms Large with China Shutting Doors for Crypto
There has been a great deal of uncertainty and confusion in the Chinese crypto scene, and for good reason. For those who don’t know, the…
Will Uniswap (UNI) Capitalize on China’s Crypto Crackdown?
As most altcoins remained unconcerned and hesitant during the weekend, Uniswap saw significant uptrends. The alt saw its valuation increasing from $17.7 to attain a…
Aggrieved Chinese Miners Resume Bitcoin Mining Operations outside China
Miners that were forcibly thrown out of their country in China have successfully been able to relocate their mining plants outside China and have been…
China Will Maintain a Strong Level of Pressure on Crypto, a Spokesman Warns
The People’s Bank of China warned the public to be aware of the hazards associated with cryptocurrency investments and to refrain from doing so. According…
Major Crypto Player Shifting Mining Rigs from China into America
Because of the ongoing suspension of crypto mining activities in the Chinese provinces, one of the biggest Chinese crypto miners, Bit Digital, is transferring about…
China distributed $40m worth of Digital Yuan in RMB Red Envelopes
Lately, we have been hearing a lot about the launch of China’s official digital currency, the digital Yuan. The first time it surfaced in the…
BTC Miners In China Have Relocated To Kazakhstan Following The Crackdown By Authorities
Due to the immense amount of pressure from the Chinese government, Chinese Bitcoin mining companies are being forced to move to locations where crypto mining…
More Than 1,100 Suspects Arrested by Chinese Authorities for Money-Laundering via Crypto
When the crypto-industry was launched, the major reason behind its foundation was decentralization. The founder of the first cryptocurrency, Bitcoin wanted to offer a financial…
PBoC Deputy Governor Claims China Is Looking Into BTC As An Alternative Investment Tool
China is slowly acknowledging Bitcoin’s presence in the global market but is still hesitant towards its implementation in the country’s ecosystem. China has had a…
Filecoin’s Price Shot Up By 530% In The Past Month: Why?
The price of Filecoin has been skyrocketing and has gone up over a value of 530% in just the past month. The real reason why…
Digital Yen Tests Could Begin Soon In Japan
As Central Bank Digital Currencies (CBDC) are becoming exceedingly popular, numerous countries such as Thailand, China, Hong Kong and South Korea have all become involved…
DBX Opens Crypto Trading Branch In China Against the Odds
South Korea based crypto trading platform, DBX, opens a crypto trading physical branch office in China. Claims that its Chinese branch is duly certified and…
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