Search

Nalezeno "china": 3672

Chinese Bank Employees Told to Entice 300 Customers to Use the Digital Yuan

7.7.2021
In mid-May, a report stemming from residents in Shenzhen, China explained that the digital yuan wasn’t seeing widespread participation, which the Chinese government has alluded to in many press releases. Now a handful of China’s state-owned banks have asked staff to recruit 200 to...

China Shuts Down Software Maker Over Suspected Crypto-Related Activity, Issues Industry-Wide Warning

7.7.2021
The People’s Bank of China (PBOC), the country’s central bank, has shut down a software firm over suspected involvement in cryptocurrency transactions. The central bank also warned organizations not to “provide premises, commercial display, advertising … and other services...

Chinese banks tell staff to recruit up to 300 new digital yuan users each

7.7.2021
Six of China’s top banks have tasked their employees with promoting digital yuan wallets to between 200 to 300 people a year

Despite the Crackdown, Crypto Fraudsters Still Run Amok in China

6.7.2021
Against all odds, crypto fraud is reportedly on the rise in China, where a massive crackdown on mining, trading and crypto brokerage services appears to have failed to deter those hoping to get rich quick from crypto-themed schemes. Per the 21st Century Business Herald, a woman this month fell...

From mining to software: China's regulatory crackdown on crypto continues

6.7.2021
Financial institutions, crypto miners, and now software companies — where will regulators in China move to strike next?

Censorship resistance: Hong Kong's Apple Daily archives preserved by artist Kevin Abosch

6.7.2021
When 20 years of pro-democracy journalism is under threat, blockchain's potential for censorship-resistance is brought into focus

China proves Bitcoin is an unstoppable machine: Bitcoin Center founder

6.7.2021
Bitcoin price goes up once regulatory setbacks are digested by the crypto community, Zap Procotol co-founder Nick Spanos says

Japanese Ruling Party Official Says Digital Yen Clarity Will Be Revealed in 2022

6.7.2021
While the U.S. ramps up discussions of a digital dollar and China’s central bank digital currency (CBDC) draws near, Japan’s CBDC, otherwise known as the digital yen, is getting closer to its realization as well. Japan’s ruling Liberal Democratic Party member, Hideki Murai...

As Miners Leave Bitcoin in Droves, Space Allocation Dedicated to Filecoin and Chia Surges

5.7.2021
While a large quantity of hashrate has stopped dedicating resources to the Bitcoin network, a great number of alternative mining ecosystems are swelling with new participants. China’s ASIC exodus has ignited a significant increase in demand for accessing storage power on both Filecoin...

China crypto ban a ‘huge opportunity for Canada,’ mining group head says

5.7.2021
The diversified location of Bitcoin mining facilities following China's crackdown is great news for the rest of the world, iMining CEO Khurram Shroff says

Japan’s finance industry awaits clearer picture of digital yen in 2022

5.7.2021
The digital yen should be compatible with other CBDCs to counter China’s progress with its digital yuan, one official argued

China Is Not Done Yet With Its Crackdown On Crypto Mining - Researcher

5.7.2021
China appears ready to declare victory in its war with crypto miners – and could be prepared to issue a coup de grace in a bid to banish Bitcoin (BTC) mining from its shores once and for all. Per a report from the Economic Times – republished by the People’s Daily, the mouthpiece of the Chinese...

Bitcoin Mining Profitability to Rise 35% While Ousted Chinese Miners Face Delays Relocating

4.7.2021
Analysts are predicting a rise in Bitcoin mining profitability of about 35% during the short term. This would be the effect of the bitcoin mining crackdown in China. Since the crackdown happened, a significant portion of hashrate stemming from the Bitcoin network disappeared. Ousted miners...

Brian Armstrong Meets With Fed Chair Jerome Powell – ‘US Needs to Be a Major Crypto Player to Stay Relevant’

4.7.2021
According to Jerome Powell’s conference calendar, the CEO of Coinbase, Brian Armstrong, met with the Federal Reserve chairman and former House of Representatives Speaker Paul Ryan to speak about the implications of digital currencies. The meeting’s details are unclear but most of...

‘We Want You,’ Pro-Bitcoin Senator Cynthia Lummis Invites Crypto Miners to Wyoming

4.7.2021
U.S. lawmaker and bitcoin advocate Cynthia Lummis has indicated that cryptocurrency miners are welcome in Wyoming. In a recent interview, the senator defended bitcoin’s carbon footprint and later invited miners to her home state on social media. Crypto Mining Adapted to Non-Carbon Emitting...