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Chinese Economist Urges Government to Reconsider Crypto Ban — Warns of Missed Tech Opportunities
2.2.2023
An economics professor and former adviser to the People’s Bank of China has urged the Chinese government to reconsider its ban on cryptocurrencies. He warned that banning crypto activities could result in missed opportunities that are “very valuable” to regulated financial...
Over 1,400 Chinese firms operating in blockchain industry, national whitepaper shows
29.12.2022
Despite partial crypto bans, the Chinese Government has included blockchain technology in official state development policy
Tether Adds Offshore Chinese Yuan to Its Stablecoin Offering – China Crypto Surge Coming?
8.12.2022
Tether, the company behind the largest stablecoin USDT, has expanded its offerings to include offshore Chinese Yuan (CNH₮) stablecoin on the Tron blockchain. The move will enable Chinese customers to send and receive payments in the stablecoin with fewer fees compared to the Ethereum blockchain. ...
Hong Kong Mulls Letting Retail Investors Trade Crypto, Removing ‘Professional Investor-Only Requirement’
21.10.2022
The director of licensing and head of the fintech unit of Hong Kong’s Securities and Futures Commission (SFC) has confirmed that the regulator is considering allowing retail investors to invest directly in crypto assets. “We’ve had four years of experience in regulating this...
Hong Kong to Start Testing Digital Currency in Coming Months
22.9.2022
China’s special administrative region of Hong Kong is going to trial а digital version of its dollar as early as this year, in preparation for eventual roll-out. The territory is trying to catch up with those that are already launching central bank digital currencies, including...
Vietnam, Philippines, India, China Among Top Countries for Crypto Adoption, Chainalysis Global Index Shows
16.9.2022
Blockchain analytics firm Chainalysis has published its 2022 cryptocurrency adoption index. Vietnam, the Philippines, India, and China are among the countries with the highest crypto adoption. While the overall adoption slows worldwide in bear markets, it “remains above pre-bull market...
China and Taiwan’s Potential Economic Impact, Bear Market Warnings, and FC Barcelona Metaverse News — Bitcoin.com News Week in Review
7.8.2022
From ominous speculation about the potential economic fallout of military conflict between Taiwan and China, to markets being flooded with designer watches in the wake of a crypto downturn, to warnings of worse bear markets and soccer franchises pushing forward in the realm of metaverse ambitions...
Fear of War, Monkeypox Causes Stock and Crypto Markets to Churn While Precious Metal Spike Higher
4.8.2022
Stock and cryptocurrency markets on Thursday saw volatility, after experiencing fluctuations during the tensions between China and Taiwan on Tuesday and Wednesday. Major indexes like the S&P 500, Dow Jones, and NYSE have shed a few percentages today, while the global cryptocurrency market...
China state media signals tighter crypto regulations in Terra aftermath
31.5.2022
China has used its Economic Daily media outlet to signal that further regulatory action may be taken toward stablecoins in the wake of the collapse of Terra’s algorithmic stablecoin
China Backed Publication: Terra LUNA Crash Vindicates Country’s Ban on Crypto-Related Activities
16.5.2022
An op-ed article published in the state-backed Chinese publication Economic Daily, has suggested that the recent crash of the Terra blockchain’s LUNA and the de-pegging of the UST stablecoin vindicate the Asian country’s decision to ban crypto-related activities. In the article,...
Shanghai High Court Declares Bitcoin Virtual Asset With Economic Value Protected by Chinese Law
12.5.2022
The Shanghai High People’s Court has declared bitcoin to be a virtual asset protected by Chinese law. The court notes that the cryptocurrency has economic value. Bitcoin Is Property Protected by Law in China The Shanghai High People’s Court has declared that bitcoin qualifies as...
Neo users explain why they've held on to the project despite China's heavy crypto crackdown
28.2.2022
"I didn't worry too much. I knew the developer team, the community supporting Neo wasn't going to quit," said Neo investor Lucas
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...
Defi Portfolio Tracking Startup Debank Raises $25M From Sequoia China, Crypto.com, Circle
29.12.2021
The decentralized finance (defi) portfolio tracking startup Debank raised $25 million from investors according to an announcement on Tuesday. Following the equity financing round, Debank says it has an overall valuation of around $200 million. Defi Dashboard Debank Raises $25 Million 2021 was...
Bitcoin hash rate returns to all-time high levels
9.12.2021
After the global hash rate of Bitcoin dropped to as low as 84 EH/s in June, the network has since recovered to sit at around 175 EH/s this week
China’s central bank proposes to monitor metaverse and NFTs
1.12.2021
The metaverse and NFTs are in the crosshairs of the People’s Bank of China, which wants to track the with Anti-Money Laundering tools
Hillary Clinton Calls on Biden Administration to Regulate Cryptocurrency — Warns of Manipulation by Russia, China
25.11.2021
Former presidential candidate Hillary Clinton has called on the Biden administration to regulate the cryptocurrency markets. She warned that countries like Russia or China, as well as nonstate actors, could manipulate all kinds of technology to their advantage and destabilize countries as well...
Shanghai Man: VeChain still popular in China, crypto media shutdown and OKEx goes global
19.11.2021
Shanghai Man: Fiat on-ramps dry up in China, crypto topics censored on social media
15.10.2021
Cryptowisser : China Crypto Ban Sheds Light on Over 15 Countries That Restrict or Ban Cryptocurrency
4.10.2021
PRESS RELEASE. October 2021, leading Crypto service comparison site – Cryptowisser, take an in-depth look at the recent crypto ban in China as well as several other countries who legally restrict crypto currency in some way and why. As the Cryptowisser report states, there are over...