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Markets Daily: ETF Arguments and China Token Troubles
25.11.2019
Welcome to CoinDesk Markets Daily, a new podcast that gives you all the trading news you need in 10 minutes
Crypto Market’s Overreaction to Xi’s Blockchain Remark Prompts Tougher Crackdown
25.11.2019
The market’s overreaction to President Xi’s praise of blockchain technology has prompted another crackdown, dashing hopes for a crypto-friendly China
89% of Chinese Blockchain Firms Have Tried to Issue Crypto: Report
25.11.2019
89% of China’s blockchain firms have tried to issue their own token or crypto, according to a senior exec at a local blockchain association
25,000 Blockchain Firms in China Tried to Issue Cryptos, Senior Official Claims
25.11.2019
Some 25,000 Chinese companies have tried to issue their own tokens over the past few years, a new report authored by five government agencies claims
China's Dive Into Blockchain, Digital ID Spurs Rest of World to Action
24.11.2019
How is China implementing blockchain in the public sector and will it be a blockchain-driven country of the future?
China’s Crypto Game—Understanding the Dragon’s Move
24.11.2019
China has been one of the staunch critics of cryptocurrencies and has always adopted a reserved approach. The country has strict and stringent laws imposed on the crypto industry, which forced several companies to either end operations or move their bases out of the country. Ironically, some of...
Office of Chinese Crypto Exchange BISS Closed, Staff Members Arrested
23.11.2019
Chinese authorities shut down crypto exchange BISS, arresting 10 people involved
Binance CEO: ‘We Will Be Suing’ The Block Over China Police Raid Story
23.11.2019
Binance to sue The Block and create “FUD fighting fund”
Chinese Central Bank Plans to Nip Young Crypto Businesses ‘In the Bud’
22.11.2019
China's central bank has formally issued a new plan to crack down on crypto businesses
HSBC Closes Account Used to Support Hong Kong Protesters
22.11.2019
For months on end, Hong Kong has been the scene of intensive confrontation between pro-democracy activists and its Beijing-supported government. It now seems the financial establishment has taken a side in this conflict. Banking giant HSBC has decided to close an account used to support the protest...
Harvard University Stages ‘Digital Currency Wars’ Crisis Simulation
22.11.2019
Harvard University’s Digital Currency Wars simulation considers a hypothetical future crisis scenario involving a DPRK nuke purchase facilitated by a digital yuan
EU Launches Estimated €400M Blockchain, AI Fund to Avoid Lagging US, China
22.11.2019
A new fund has been set up with the aim of preventing the EU falling behind nations like the U.S. and China on blockchain and AI innovation
Alibaba Filmmaking Arm to Distribute New Movie Rights via Tokens: Report
22.11.2019
Alibaba’s filmmaking arm Alibaba Pictures signed an agreement with SingularDTV to tokenize the distribution rights of its new movie
Bitcoin Price Slides Further on China Crackdown News
22.11.2019
Bitcoin (BTC) price slumped to a six-month low on Friday as China’s central bank launched on Friday a fresh crackdown on cryptocurrency trading in Shanghai.
People’s Bank of China (PBOC) Shanghai headquarters said in a statement it would crack down on a resurgence of illegal activities around...
Bitcoin Drops to $7,000 as China Vows to ‘Dispose of’ Exchanges
22.11.2019
China seeks to reinforce the crypto trading ban
China: Shenzhen Identifies 39 Crypto Exchanges Defying Trading Ban
22.11.2019
Shenzhen lists 39 crypto exchange in line for shutdown
Goldman Sachs CEO Discusses the Company’s China Strategy and Business Outlook
22.11.2019
In a most recent interview with Bloomberg, from the sidelines of Bloomberg’s New Economy Forum in Beijing, David Solomon, Chairman and CEO of Goldman Sachs Group Inc., talked about Goldman Sachs’ China strategy and business plans. A jest of the Interview concerning various topics, which...
Bithumb Quashes Shanghai Office Closure Rumors After Binance Denial
21.11.2019
Crypto exchange Bithumb denies recent reports that Chinese authorities have raided its Shanghai offices
Binance Denies Police Raids, Very Existence of Shanghai Offices
21.11.2019
Binance cryptocurrency exchange has denied reports of a police raid on its Shanghai offices, as it purportedly has no such offices
Markets Crash After Reports That Binance's Shangai Office Closed in Crypto Crackdown
21.11.2019
Chinese police have reportedly raided and closed the Shanghai offices of leading cryptocurrency exchange Binance