China Will No Longer Ban Crypto Mining Industry
China’s National Development and Reform Commission (NDRC) was considering restricting or eliminating the crypto mining industry sometime in April 2019. However, the latest guidance from […]
China
Huang Qifan says Chinese Central Bank will Issue Digital Currency first, Slams Libra
Chinese official, Huang Qifan, believes that Facebook’s Libra is bound to fail saying that China’s central bank will be the first to issue a digital […]
Li Wei Says China’s Commercial Banks Should Embrace Blockchain Tech
The head of the People’s Bank of China technology department, Li Wei, has urged commercial banks in the country to embrace blockchain technology. Reuters reported […]
Hurun Institute Includes 12 Crypto Moguls in Wealthiest Chinese List
Research, media and investment firm, The Hurun Institute, has published the latest iteration of the “world’s largest wealth list,” listing 12 members of the cryptocurrency […]
China Wants Inner Mongolia To Crackdown On Crypto Miners
Chinese authorities issued a notice to ministries within the province of Inner Mongolia to crackdown on cryptocurrency miners in the region. According to ChainNews, five […]
Central Bank Digital Currency Of China Reportedly Ready To Launch
China’s central bank is likely ready to launch its digital currency. This is happening the fact that the country is imposing ban on the use […]
Another Chinese City Backs A Big Blockchain Investment Fund
Another Chinese City Backs A Big Blockchain Investment Fund Shenzhen, China, is backing a dedicated blockchain investment fund, after Hangzhou city supported a similar project. […]
China Records 454% Increase in Companies with ‘Blockchain’ attached to their names
China Records 454% Increase in Companies with ‘Blockchain’ attached to their names Today’s $1,000 bitcoin price rally aside, the cryptocurrency market might be enduring a […]
Bitcoin Miners in China’s Remote Regions are Undeterred By Restrictions
Bitcoin Miners in China’s Remote Regions are Undeterred By Restrictions Though Chinese authorities have previously taken various measures aimed at curtailing the trading of cryptocurrencies, […]