Bitcoin Slips By 7% After China’s Fresh Threats On BTC Mining, Trading Activities
Bitcoin’s [BTC] recovery past $40K has been quite challenging. After a positive start to the day, the cryptocurrency took a plunge again. This time it was
china (Latest Publications)
China Bans Crypto Trading For Institutions and Businesses
China’s stance on cryptocurrency has always been a critical one. In fact, it was one of the first nations in the world to outright prohibit involvement
PBoC May Soften Its Stance on Crypto Assets as It Calls Bitcoin an Investment Alternative
It seems that China is now softening its stance on crypto assets as Li Bo, deputy governor of the People’s Bank of China (PBOC), has called Bitcoin and other crypto-assets investment alternatives, not currencies.
ConsenSys Partners With China’s Blockchain Services Network
ConsenSys announced a strategic partnership with one of China’s biggest blockchain organizations. The Blockchain-based Service Network or BSN provides blockchain infrastructure for companies and government organizations
Justin Sun and TRON Partner with Chinese Government in Blockchain Development
The Chinese government is trying its best to develop the technological needs of a blockchain revolution. The PRC National Development and Reform Commission announced a new
$4.2B in Crypto Seized by Chinese Authorities From PlusToken
Crypto investors are panicking today after discovering that Chinese authorities seized around $4.2 billion in cryptocurrencies from the PlusToken Ponzi scheme. Local news platforms report that
China Construction Bank Sells $3 Billion Worth of Bonds Tradable With Bitcoin
China Construction Bank announced a new plan for issuing debt bonds on the blockchain. According to a local news outlet, it’s the first time that Chinese banks
OKEx Locks Withdrawals, Reports Indicate CEO Is Arrested in China
Another wave of news shocks the cryptocurrency market as new reports indicate that the founder and CEO of OKEx Star Xu is arrested. Moreover, it was
Blockchain-Based Service Network (BSN) – What it is?
The Chinese communist state had been considered as a slow mover towards technology innovation until the last decade. Since the end of the last decade, a
Former Vice President of the Bank of China Proposes a Centralized Digital Currency to Enable Omnipresent Oversight of the Central Bank
Wang Yongli, the former vice president of Bank of China, talked seriously about the need to increase the speed of national digital currency development and adoption.
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