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Nalezeno "mainland": 49

Chinese State-Owned Company Launches 2 Crypto Funds in Hong Kong


One of China’s leading insurers has backed the establishment of two crypto investment funds in Hong Kong. The business move comes against the backdrop of the region’s ambitions to become a hub for digital assets, and despite the negative regulatory attitude towards the market in the mainland....

JD.com & Bank of China Join Mainland China-Hong Kong Digital Yuan Pilot


Major business players are joining the Hong Kong-Mainland China “cross-border” digital yuan pilot – including the e-commerce giant JD.com and the Bank of China. The Bank of China is one of Mainland China’s largest state-run commercial banks, while JD.com is arguably the nation’s answer...

Chinese Crypto Regulations Force NFT Gaming App Stepn to Block Mainland Users


China’s anti-crypto regulations have reportedly forced the non-fungible token (NFT) game, Stepn, to exclude users from the mainland starting on July 15. Shortly after the announcement, Stepn’s in-game cryptocurrency is reported to have briefly dropped by 38%. Stepn Adheres to Local...

Chinese Indexes Company Launches Hang Seng Metaverse Index


A Chinese indexes company, Hang Seng Indexes, has launched a new index which tracks the performance of metaverse-related companies in mainland China. The index is calculated and disseminated in real-time at two-second intervals, the company said. Rising Popularity of the Metaverse Hang Seng Indexes...

20% of Bitcoin Hashrate Is ‘Still in Mainland China,’ Report Claims


  As much as 20% of the world’s total bitcoin (BTC) mining hashrate may still be based in Mainland China despite September’s crackdown, a new report has indicated. Although Beijing has been seeking to make an example of miners who continue to defy its blanket ban on mining, authorities in...

Cryptocurrency Exchange Huobi Global to Leave China This Month


Digital asset exchange Huobi Global has revealed its intention to exit the Chinese Market. The crypto trading platform with Chinese roots said it will stop processing transactions for existing users on the mainland by the end of the year. Huobi Global Halts Services in the People’s Republic...

Users of BitMart From Mainland China to Be Excluded


Bitmart has to stop accepting registrations of new accounts or users in Mainland China to be able to comply with the local laws and policies implemented. Bitmart has decided to stop serving its users residing in Mainland China from the start of 30th November 2021. To comply with the transition...

Bitmain Will Not Ship Crypto Mining Equipment to China


Mining hardware manufacturer Bitmain will no longer ship its products to mainland China. The move is in response to local regulations, the company explained. The announcement follows a prolonged crackdown on crypto mining operations in the country and a recently reiterated wide ban on activities...

Poloniex Will Stop Services for Mainland China Users


Poloniex, the well-known cryptocurrency exchange, recently announced that it would cease its operations in Mainland China. The move came after Chinese authorities restricted crypto-based operations. The crypto exchange has voluntarily stopped its services in the region since it cannot comply with...

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