Category: China
Cryptocurrency 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…
China’s BSN Partners With Ernst and Young To Add Ethereum Compliance Tools
The Blockchain infrastructure provider BSN (Blockchain-Based Service Network), which is backed by the federal government of China, unveils plans to offer services around financial auditing…
More Than 4M Transactions Have Been Conducted in Digital Yuan So Far Says PBoC Governor
Transactions in Digital Yuan have grown significantly during its testing phase. According to the Governor of the People’s Bank of China (PBoC), the country’s central…
Shenzhen Pilot Program Further Highlights Digital Yuan’s Potential
Earlier this month, government officials in Shenzhen, China, had announced that they were introducing a pilot program for testing their digital yuan, in order to…
Key Members of $1B Crypto Ponzi Scheme Sentenced to Prison By a Chinese Court
The masterminds behind a $1 billion cryptocurrency Ponzi scheme have been sentenced to prison by a Court in the Chinese City of Yancheng. These convicts…
PBoC’s Digital Currency Research Head Says China’s Digital Yuan Will Not Compete with WeChat and Alipay
The People’s Bank of China’s Head of digital currency institute Mu Changchun has said that their central bank digital currency known as Digital Yuan is…
Central Bank of The Bahamas Launches its CBDC Called Sand Dollar
The central bank of The Bahamas has rolled out the world’s first central bank digital currency (CBDC) known as Sand Dollar. With the launch of…
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