Reading Time: < 1 minute The deputy governor of the Central Bank of China has said that the Chinese provinces of Sichuan, Hebei, Jiangsu and Guangdong will start testing the digital yuan.
Reading Time: < 1 minute The largest Chinese service provider on the Filecoin network is moving its business to Singapore.
Reading Time: < 1 minute Changpeng Zhao, CEO of crypto exchange Binance, has revealed the details of the creation and development of the exchange.
Reading Time: < 1 minute He Yifan, CEO of Red Date Technology and co-founder of BSN, has said that unregulated cryptocurrencies, including Bitcoin, are “the biggest Ponzi scheme in human history.”
Reading Time: < 1 minute The Shanghai District Court has ruled in favor of a Bitcoin owner and awarded him a compensation.
Reading Time: < 1 minute Ant Group and Tencent-owned NFT marketplaces have updated their user agreements due to fears of government reprisals and a lack of regulatory clarity.
Reading Time: < 1 minute The Nasdaq-listed mining company has deployed 39.2% of cryptocurrency mining rigs in North America a few months after leaving China.
Reading Time: < 1 minute The Supreme People’s Court of the People’s Republic of China has recently amended the legal norms on illegal attraction of funds, toughening criminal liability.
Reading Time: < 1 minute China has a quite speculative cryptocurrency market, where there are many novice traders with insufficient knowledge.
Reading Time: < 1 minute The director of the Anti-Money Laundering Monitoring and Analysis Center of the People’s Bank of China has called for the creation of a cryptocurrency transaction tracking system to strengthen the regulation in the country.
Reading Time: < 1 minute The Tokyo Internal Revenue Service has found out that Chinese investors purchased ¥27 billion ($237 million) worth of real estate in Japan using cryptos.
Reading Time: < 1 minute China-based tech companies Ant Group and Tencent have changed the term “non-fungible tokens” (NFTs) to “digital collectibles” on their platforms and sites.
Reading Time: < 1 minute From December 31, 2021, crypto exchange Binance will remove the Chinese yuan from the list of over-the-counter (OTC) markets and close access to OTC trading for users in mainland China.
Reading Time: < 1 minute Tether (USDT) includes short-term loans to large Chinese companies and loans to cryptocurrency lending platforms such as Celsius Network.
Reading Time: < 1 minute Cryptocurrency exchange Huobi has decided to leave China after Beijing tightened the regulation of the cryptocurrency industry.
Reading Time: < 1 minute One of the largest manufacturers of cryptocurrency mining devices, Bitmain, intends to suspend sales to Chinese miners.
Reading Time: < 1 minute China is exploring the possibility of setting up an international mobile payment clearing and settlement network based on the national digital yuan cryptocurrency.
Reading Time: < 1 minute The People’s Bank of China (PBoC) plans to continue applying a regulatory pressure on cryptocurrency trading.
Reading Time: < 1 minute The People’s Bank of China, the central bank of the country, has just published the whitepaper of the e-CNY, the digital version of the yuan.
Reading Time: < 1 minute Chinese journalist Colin Wu has reported the Chinese state-owned power supplier State Grid Corporation of China (SGCC) has sent a notice to all regions of the country demanding to stop crypto mining.
Reading Time: < 1 minute Chinese crypto mining devices maker Bitmain has announced it is temporarily suspending sales due to the uncertainty surrounding mining.
Reading Time: < 1 minute BTC.com has just announced it is leaving China and moving its operations to Kazakhstan as a result of the measures adopted by the Chinese authorities against the mining sector.
Reading Time: < 1 minute Jim Cramer has announced he has sold most of his Bitcoin holdings as a result of China’s crackdown on crypto mining.
Reading Time: 2 minutes The market’s largest crypto by capitalization has lost 3.78% during the last day to $32,725.92 dragged down by the news coming from China.
Reading Time: < 1 minute The Agricultural Bank of China has published an announcement in which states it is banning all cryptocurrency-related transactions.