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Hang Seng, China Stocks Soar as Beijing Pledges Support Amid Equity Rout
16.3.2022
Crypto remains stable, though liquidity thin, as markets in Hong Kong climb out from the worst slump since the 2008 recession
Chinese police busts illegal crypto mining farm, seizes 190 miners
8.3.2022
Guangdong province’s Development and Reform Commission confiscated 190 crypto mining machines estimated to be worth 5 million yuan
China's share in Bitcoin transactions declined 80% post crackdown: PBoC
3.3.2022
China has carried out multiple crypto crackdowns and enforced numerous bans on crypto markets since 2013, however, Chinese traders have always found a way to bypass these bans
Bitcoin network's carbon emission jumped 17% after China ban: Report
28.2.2022
The research report blamed the increase of Bitcoin's carbon footprint on the China mining ban and claimed Chinese miners were more renewable energy focused
China Mining Ban Worsened Bitcoin’s Carbon Footprint, Study Claims
26.2.2022
Contrary to some expectations, Beijing’s crackdown on the crypto mining industry has increased Bitcoin’s carbon emissions, researchers have alleged. Leaving China, miners also left behind its eco-friendly hydropower and are increasingly relying on energy generated by fossil fuels...
China's Supreme Court adds digital currency to list of illegal fundraising methods
24.2.2022
The new policy change aims to mitigate risks arising from digital currency fundraising and the absorption of funds from the public
PBOC Reveals Central Bank Digital Currency Usage at Beijing Winter Olympics — 2 Million Digital Yuan per Day
17.2.2022
The People’s Bank of China (PBOC), the Chinese central bank, has revealed how its central bank digital currency (CBDC) is being used at the Beijing Winter Olympics. A top PBOC official says, “It seems all the foreign users are using hardware wallets.” Digital Yuan’s...
Bitmain signs 500MW joint venture with sustainable BTC miner Merkle Standard
11.2.2022
Sustainable Bitcoin mining gets a boost from the joint venture between mostly hydro-powered BTC miners Merkle Standard and infrastructure provider Bitmain
Game review: Olympic Games Jam Beijing 2022
9.2.2022
The International Olympics Committee wants to connect with the Winter Games via blockchain, by trading NFT pins and playing a P2E mobile game
US Senator: China’s Digital Currency Could Subvert US Sanctions, Enhance Surveillance Capabilities
8.2.2022
A U.S. senator has warned about China’s central bank digital currency. “Analysts have raised the eCNY’s potential to subvert U.S. sanctions, facilitate illicit money flows, enhance China’s surveillance capabilities, and provide Beijing with ‘first mover’...
Nifty News: Olympic Games Beijing 2022 edition
4.2.2022
The International Olympics Committee has been selling Olympic NFT pins in a lead up to their mobile game release, Team Great Britain offers an NFT-based fan engagement program and the "Chinese Banksy" protests against the Olympics Winter Games
Animoca Brands’ Offshoot nWay Launches Official Multiplayer Party Game of Beijing 2022 Olympics
4.2.2022
nWay, a subsidiary of major non-fungible token (NFT)-focused company Animoca Brands, has launched Olympic Games Jam: Beijing 2022, the official licensed play-to-earn multiplayer party game of the Olympic Winter Games that opened today....
Read More: Animoca Brands’ Offshoot nWay Launches...
COVID restrictions stymie digital yuan rollout at Beijing Winter Olympics: Report
31.1.2022
Restricting the number of spectators at the major international sporting event will "likely further delay the mass adoption of the digital currency," according to the Foundation for Defense of Democracies' Craig Singleton
Digital Yuan Ready for International Olympic Showcase at Beijing 2022 Games
11.1.2022
China will allow overseas visitors from around the world to use its digital yuan for the first time at next month’s Winter Olympics, the central People’s Bank of China (PBoC) has confirmed.
The PBoC has been working toward a full or partial rollout in time for the games since 2020, when...
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
China Censors Crypto-Themed Short Videos Shared Online
18.12.2021
An industry organization controlled by the Chinese government has updated a list of topics users of video-sharing apps should avoid. Crypto-related content is now among the entries along with traditional taboos in China like mocking its leadership, provoking sectarianism, and showing sex. Clips...
Bitcoin Mining Contracts Ruled “invalid” By Beijing Court
16.12.2021
In a decision that demonstrates China’s judiciary has no intention of acknowledging and safeguarding cryptocurrency-related concerns, a court in Beijing has dismissed a lawsuit demanding compensatory damages from a blockchain business after its customer failed to earn money on bitcoin mining....
Court Decision Voids Crypto Mining Contracts in China, Shuts Down Bitcoin Farms
16.12.2021
A court in Beijing has ruled that three investment agreements for bitcoin mining operations in Sichuan are “invalid.” A compensation claim has been rejected in the case, viewed as an indication that the Chinese judiciary would not provide protection for crypto-related interests....
Beijing court rejects monetary compensation in Bitcoin mining contract plea
16.12.2021
The plaintiff in the case demanded 217.7 BTC in compensation for his Bitcoin mining infrastructure investment
No, ‘Un-banning’ Bitcoin Mining Is Not on Beijing’s Agenda
25.10.2021
Bitcoin (BTC) mining-related developments in China have caused confusion among international observers, but it appears Beijing will not be deterred from its crackdown on tokens and mining.
The Three Arrows Capital Co-founder Zhu Su expressed surprise at the fact that the National Development...