Posted in China News U.S

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…

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China Announces to Expand its Pilot Projects for Service Trade
Posted in China News

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…

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Posted in Bitcoin (BTC) China Mining News Regulation

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…

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Posted in China News Regulation Taxation

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…

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Posted in Bitcoin (BTC) China News Stablecoins

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…

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