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Sichuan Energy Officials Plan to Meet in June to Discuss Bitcoin Mining Implications
31.5.2021
Ever since government officials in China started talking about cracking down on bitcoin mining and reiterating crypto guidelines from 2017, digital currency proponents and the media have been focused on this region. Just recently, a Chinese state-backed online publication revealed that the Sichuan...
Beijing Is Collecting Data From Local Datacenters Involved in Cryptocurrency Mining Activities
1.5.2021
Authorities in Beijing have been conducting checks on cryptocurrency mining datacenters to assess and understand its energy consumption and thus the impact on the electric infrastructure. Although it was reported as a rumor by international media outlets, Chinese state media confirmed...
Ebang refutes Bitcoin ‘China Hustle’ claims as share price falls 20%
9.4.2021
A NASDAQ traded Chinese Bitcoin mining firm has seen its shares fall 20% after a damning short report unveiled some alleged dodgy dealings
Our Man in Shanghai: Scandal as $45M of stolen government funds lost using 100X leverage
9.4.2021
The Chief Marketing Officer a blockchain security company has been charged with embezzlement; Peter Thiel calls Bitcoin a 'weapon' of China (but no one cares), and CZ’s net worth rises to $1.9 billion
US must embrace Bitcoin to counter Chinese 'financial attack' — Pomp
8.4.2021
Bitcoin, like the internet, can be used in ways which could compromise U.S. prowess without suitable allowances from lawmakers
After GME, Dogecoin and Bitcoin, Chinese Traders Are Betting What Will Pump Next
29.1.2021
For Chinese investors, including Justin Sun, FOMO has surpassed fear of losing money
Chinese State Media Surprises With Forecast of Bitcoin Outshining Gold
15.12.2020
Chinese state-operated media outlets keep adding cryptocurrencies — specifically bitcoin — on their reporting agenda. Lately, they have been replicating bitcoin predictions that are surprising in some way to the crypto community due to the number of mentions on the matter since several...
Niall Ferguson on Why Bitcoin and China Are Winning the Monetary Revolution
6.12.2020
The well-known economic historian connects the dots between bitcoin and CBDCs in the COVID-19 money era
No need to fear the Bitcoin FUD, says Sino Global Capital
30.11.2020
After a week of gloomy headlines and a brutal price dip, traders would do well to think long term
Central bank digital currency could 'threaten' Bitcoin says CZ
22.10.2020
Binance boss Changpeng Zhao aired his views on CBDCs adding that Bitcoin could be under threat if a more advanced currency was launched
First Mover: OKEx Private Key Snafu Sends Bitcoin Lower as China DeFi Rises
16.10.2020
OKEx withdrawal suspension sends bitcoin lower, China becomes hotbed of DeFi development, Filecoin first-day trading leaves market cap above $800M
Bitcoin Slips in Latest Crypto Ranking by Chinese Government-Backed Center
28.8.2020
China’s Center for Information and Industry Development has revised its rankings of 37 crypto projects. Bitcoin has fallen from the previous ranking. As the Chinese government focuses on launching its central bank digital currency, the Center for Information and Industry Development (CCID)...
Why Chinese Miners Won’t Stage a 51% Attack on Bitcoin
12.8.2020
Jameson Lopp explains why attacks on Bitcoin won’t work and that he expects China’s mining dominance won’t last
China Never Banned Bitcoin as Commodity, Beijing Arbitration Commission Explains
2.8.2020
The Beijing Arbitration Commission has published an article clarifying that bitcoin’s use as a commodity has never been banned in China. It explains that the Chinese authorities’ attitude toward controlling bitcoin revolves around three areas. China Recognizes Bitcoin as Commodity...
Bitmain Launches New T19 Bitcoin Miner After S17’s Troubled Launch
1.6.2020
World-leading mining hardware producer Bitmain launched its new Antminer T19 Bitcoin Mining ASIC
China Strikes Down 10% of Global BTC Hashrate, Who Will Pick Up The Slack?
22.5.2020
Citing the increase in illicit crypto-related activities, the provincial government of Sichuan moves to stamp out 10% of the global Bitcoin hashrate
Chinese Communist Party Adds Crypto to Curriculum
20.5.2020
Chinese Communist Party school publishes a new book on crypto
Bitcoin Cannot Be Protected By Chinese Law, Local Court Rules
13.5.2020
A court in Fujian province has dismissed a lawsuit filed against a ‘Bitcoin club’, arguing that it does not fall under its jurisdiction
Chinese Court Rules Bitcoin Is Asset Protected by Law
9.5.2020
A court in Shanghai, China, has reportedly ruled that bitcoin is an asset protected by Chinese law in a case that has dragged on for years. The case involves a theft of two different cryptocurrencies, one being bitcoin, from an American. The defendants argued that bitcoin was not recognized under...
Chinese Officials Support Renewable Energy-Powered Cryptocurrency Mining
28.4.2020
The Chinese city of Ya’an plans to encourage local mining operations powered by its hydroelectric electricity generation facilities