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14,000 Chinese Game Companies Have Gone Out Of Business Due To Regulation Freeze
4.1.2022
China’s freeze on video game licenses continues. South China Morning Post notes that the National Press and Publication Administration (NPPA) has not released a list of newly approved titles since July 2021. Because of this, state-run newspaper Securities Daily reports that approximately 14,000...
China’s central bank releases pilot version of digital yuan wallet
4.1.2022
The "e-CNY (Pilot Version)" app was made available for download on the Chinese Android and Apple app stores on Tuesday
Chinese Central Bank’s Digital Yuan App Hits Apple, Android Stores
4.1.2022
China’s digital yuan is inching ever closer to rollout – with a pilot version of a central bank-issued app and wallet released on Apple and Android app stores in the country....
Read More: Chinese Central Bank’s Digital Yuan App Hits Apple, Android Stores
Bitcoin starts 2022 at $47.2K as fresh research pins performance on China trader exodus
1.1.2022
Exchanges deplatforming Chinese citizens prior to the Dec. 31 deadline may have added to BTC selling pressure
Mexico Announces It Will Issue Its Own Digital Coin by 2024
1.1.2022
The government of Mexico announced that the country’s central bank will issue its own digital currency. The statement of the official account of the presidency of Mexico informed that the development should be ready towards 2024, and remarked about the importance the technology has for...
Crypto News Rewind 2021: Q4 - Pandora Papers, India's Regulatory Saga, Facebook to Meta and Other Rebrands
31.12.2021
Here is what happened in the Cryptoworld in the last quarter of this year:
Total crypto market capitalization in Q4
And thus ended the year. Happy 2022.
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Read More: Crypto News Rewind 2021: Q4 - Pandora Papers, India's Regulatory Saga, Facebook to Meta and Other Rebrands
Kazakhstan Mulls Nuclear Power to Deal With Electricity Shortages Blamed on Crypto Miners
31.12.2021
The government in Kazakhstan is considering building a nuclear power plant to overcome an electricity deficit allegedly caused by the booming crypto mining industry. Problems with power supply are driving away miners that saw the Central Asian country as a new home when China recently cracked down...
Shanghai includes Metaverse in its development plan
31.12.2021
Shanghai's five-year plan calls for the use of metaverse in public services, business offices, entertainment and industrial manufacturing, among others
Crypto News Rewind 2021: Q3 - Bitcoin Becomes Legal Tender & Gets Taproot, Improved Ethereum, NFTzation
30.12.2021
Here is what happened in the Cryptoworld in the third quarter of this year:
Total crypto market capitalization in Q3
And with this ended the third quarter of 2021.
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Read More: Crypto News Rewind 2021: Q3 - Bitcoin Becomes Legal Tender & Gets Taproot, Improved Ethereum, NFTzation
Bitcoin Miners Could Go Nuclear in Kazakhstan as Gov’t Plans New Power Plant
30.12.2021
The government of Kazakhstan is debating a plan to build a nuclear power plant that could help the country to strengthen its Bitcoin (BTC) and crypto mining sector in the longer term.
According to the media outlet Vedomosti, the Minister of Energy, Magzum Mirzagaliyev, told reporters that...
Power Deficit Forces Crypto Miners to Leave Kazakhstan
29.12.2021
Electricity shortages have been dogging Kazakhstan’s booming crypto mining industry this year. A media report reveals that some miners, including some of those that moved in amid China’s crackdown on the sector, are now looking to relocate to destinations with a more stable energy...
Crypto News Rewind 2021: Q2 - Bitcoin Crash, China’s Crypto Crackdown, El Salvador's BTC Move, Musk vs BTC
29.12.2021
Here is what happened in the Cryptoworld in the second quarter of this year:
Total crypto market capitalization in Q2
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Learn more:- Crypto News Rewind 2021: Q1 - Rallies, Tesla & MicroStrategy & PayPal Bitcoin Moves, Historic NFT Moments ...
Read More: Crypto News Rewind 2021:...
Crypto mining reportedly rises in Thailand due to Chinese crypto ban
29.12.2021
Thailand is among the countries capitalizing on China’s crypto crackdown, with retail investors increasingly mining crypto
'Net neutral' — Rising Bitcoin exchange balances could be due to Huobi Chinese user block
29.12.2021
Binance may be seeing Bitcoin inflows, but overall, movements among major exchanges appear to cancel each other out, fresh data shows
Defi Portfolio Tracking Startup Debank Raises $25M From Sequoia China, Crypto.com, Circle
29.12.2021
The decentralized finance (defi) portfolio tracking startup Debank raised $25 million from investors according to an announcement on Tuesday. Following the equity financing round, Debank says it has an overall valuation of around $200 million. Defi Dashboard Debank Raises $25 Million 2021 was...
Sequoia China leads $25M equity round for DeFi wallet DeBank
28.12.2021
Co-founded in 2018 by Chinese R&D expert Tang Hongbo, DeBank allows users to track 798 protocols across 17 chains
Chinese Crypto Users Still Find Ways to Circumvent Ban
28.12.2021
Crypto users in Mainland China are still finding ways to trade while major exchanges are preparing to disable service for Chinese users by the end of the year....
Read More: Chinese Crypto Users Still Find Ways to Circumvent Ban
Law Decoded: Three regulatory trends of 2021, Dec. 20–27
27.12.2021
The year past saw some fundamental transformations in the relationship between state power and the digital asset space
Recent Chinese Bitcoin Court Ruling ‘Not an Isolated Case’ & Part of ‘an Ongoing Trend’
27.12.2021
A court ruling in China from earlier this month claiming that a Bitcoin (BTC) mining contract was “void” was not an outlier, according to a new report, which added that Chinese courts have made similar rulings prior to the crackdown this year....
Read More: Recent Chinese Bitcoin Court Ruling...
Holiday special: did Steam really just get banned in China?
26.12.2021
No - but it's complicated