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Subhash Chandra Garg on the Future of Crypto


India’s former Finance Secretary Subhash Chandra Garg has shared his views on the future of cryptocurrency, both in India and worldwide. He headed the committee responsible for drafting the infamous bill to ban cryptocurrencies, which the crypto community calls flawed in many regards. Also...

IMF Helping Philippines Become Important Crypto Market


The International Monetary Fund (IMF) is providing the Philippines with technical assistance regarding crypto assets. The IMF believes the country may become an important crypto market and has provided the Bangko Sentral ng Pilipinas with suggestions for the country’s crypto regulation...

HSBC Closes 2 Branches Following New Protests in Hong Kong


HSBC had two of its Hong Kong branches closed on Jan. 2, the first working day of the year, following attacks by protesters during the latest anti-government demonstrations on New Year’s Day. The banking giant also closed seven indoor ATM clusters and announced on Friday it will suspend...

BTC’s Hashrate Touches 120 Exahash, But the Price Has Not Followed


On January 1, the BTC network hashrate touched an all-time high at close to 120 exahash per second (EH/s). Despite the crypto market lull and lower BTC prices, the 2020 milestone happened just before the blockchain’s 11th anniversary. BTC’s curious jump in hashrate has the cryptosphere...

China’s new crypto law


CoinMarketCap Daily Newsletter Your daily newsletter for 2 January, 2020 “A story has no beginning or end: arbitrarily one chooses that moment of experience from which to look back or from which to look ahead.” - Graham Greene In today's newsletter, […] The post China’s new crypto...

China’s new crypto law


CoinMarketCap Daily Newsletter Your daily newsletter for 2 January, 2020 “A story has no beginning or end: arbitrarily one chooses thatContinue Reading The post China’s new crypto law appeared first on CoinMarketCap

China’s new crypto law


CoinMarketCap Daily Newsletter Your daily newsletter for 2 January, 2020 “A story has no beginning or end: arbitrarily one chooses that moment of experience from which to look back or from which to look ahead.” - Graham Greene In today's newsletter, […] The post China’s new crypto...

China’s Manufacturing Grows While Inflation Danger Still Looms Over the US


As China and the US came close to conclude the talks on the first phase of the trade deal, a stronger Manufacturing activity in China has coincided. A Chinese official statement by the National Bureau of Statistics declared that the Purchasing Managers’ Index (PMI) has remained at 50.2 in December....

China Takes Another Step Away From USD Hegemony


The China Foreign Exchange Trade System (CFETS) announced that effective January 1, 2020, the system “will adjust weights for CFETS RMB Index,” decreasing the weighting of the USD for the second time in the currency basket’s history from 22.40% to 21.59%, and increasing the Euro...

Cryptonews Rewind 2019: Q4 - China, War of Money, IPOs & Arrests


Here is what happened in the Cryptoworld in the last quarter of this year and this decade: Total crypto market capitalization in Q4 October We started this quarter with looking who is to blame for Bitcoin price crash. We were in for a surprise when a German bank stated that Bitcoin prices are...

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