China Cryptocurrency
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Fundraising via Cryptocurrency Now Criminalised in China, Offenders Will Face Time in Jail
Residents of China that engage in fundraising activities via cryptocurrencies will now be subject to jail time, if caught. China has banned crypto-based fundraising, making it a criminal offence. Along with prison sentence, violators may also have to pay hefty fines as part of the punishment.
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Cryptocurrency Crackdown in China: After Latest Ban, Over $400 Million Worth of Tokens Liquidated Within 24 Hours
As the cryptocurrency market recovered from the crash it suffered in April–May — primarily because of tightening Chinese regulation on trading and mining of cryptocurrencies — another round of crackdown by China has left the market in the red. Chinese regulators intensified their hammering down of these digital assets, imposing a blanket ban ...
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Cryptocurrency Crackdown in China: What’s New in Latest Ban on Transactions?
China's most powerful regulators have intensified the country's crackdown on cryptocurrencies with a blanket ban on all crypto transactions and crypto mining.
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Cryptocurrency Transactions Deemed Illegal by China's Central Bank, Bitcoin Down 6 Percent
Cryptocurrency transactions are now illegal, China's central bank said, sounding the death knell for the digital trade in China after a crackdown on the volatile currencies.
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Bitcoin Is Being Killed by Regulators in Countries Like India and China, Says Billionaire Ray Dalio
The multi-billionaire businessman said he fears that mainstream adoption of Bitcoin could irritate certain global financial regulators, who could restrict the growth of cryptocurrencies.
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Chinese Clampdown on Cryptocurrencies Is Reportedly Forcing Mining Firms to Leave With Their Computers
Cryptocurrency companies with large operations in China are now moving out of the country and taking their expensive mining computers with them. China's crackdown on mining and trading of cryptocurrencies is forcing them to look elsewhere.
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Watch: University of Cambridge Visualisation Shows How Bitcoin Mining Fell in China Even Before Crackdown
A visualistion by Cambridge Centre for Alternative Finance (CCAF) shows how notably Bitcoin mining fell in China even before the latest nationwide crackdown began. It shows that China's share of mining fell from 75 percent in September 2019 to 46 percent in April 2021, two months before the country banned cryptocurrency mining.
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Chinese Cryptocurrency Addresses Sent $2.2 Billion to Scams, Darknet in 2019-2021: Report
Cryptocurrency addresses in China sent more than $2.2 billion (roughly Rs. 16,300 crores) worth of digital tokens to addresses related to scams and darknet operations between April 2019 and June 2021, as per a blockchain data platform report.
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Bitcoin Dives As China Bans Cryptocurrency Mining In Key Province
Bitcoin tumbled more than 10 per cent Monday after China broadened a crackdown on its massive cryptocurrency mining industry with a ban on mines in a key southwestern province.
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China Passes Cryptography Law as It Gears Up for Digital Currency
China's central bank set up a research team in 2014 to explore launching its own digital currency to cut the costs of circulating traditional paper money and boost policymakers' control of money supply.
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China Set To Introduce Its Own Digital Currency, Say Analysts
As Facebook readies to launch its answer to bitcoin, China is set to introduce its own digital currency -- one that could allow the government and the central bank to see what people spend their money on, according to analysts.
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China Looks to Stamp Out Cryptocurrency Trading
Regulators will take action against websites of foreign and domestic cryptocurrency trading platforms.
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An Insider on Why Bitcoin Isn't Mainstream and How That Might Change
Gadgets 360 caught up with Brock Pierce, Managing Partner, Blockchain Capital and Chairman of the Bitcoin Foundation to find out what's keeping Bitcoin and blockchain out of mass acceptance.
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Fundraising via Cryptocurrency Now Criminalised in China, Offenders Will Face Time in Jail
Residents of China that engage in fundraising activities via cryptocurrencies will now be subject to jail time, if caught. China has banned crypto-based fundraising, making it a criminal offence. Along with prison sentence, violators may also have to pay hefty fines as part of the punishment.
-
Cryptocurrency Crackdown in China: After Latest Ban, Over $400 Million Worth of Tokens Liquidated Within 24 Hours
As the cryptocurrency market recovered from the crash it suffered in April–May — primarily because of tightening Chinese regulation on trading and mining of cryptocurrencies — another round of crackdown by China has left the market in the red. Chinese regulators intensified their hammering down of these digital assets, imposing a blanket ban ...
-
Cryptocurrency Crackdown in China: What’s New in Latest Ban on Transactions?
China's most powerful regulators have intensified the country's crackdown on cryptocurrencies with a blanket ban on all crypto transactions and crypto mining.
-
Cryptocurrency Transactions Deemed Illegal by China's Central Bank, Bitcoin Down 6 Percent
Cryptocurrency transactions are now illegal, China's central bank said, sounding the death knell for the digital trade in China after a crackdown on the volatile currencies.
-
Bitcoin Is Being Killed by Regulators in Countries Like India and China, Says Billionaire Ray Dalio
The multi-billionaire businessman said he fears that mainstream adoption of Bitcoin could irritate certain global financial regulators, who could restrict the growth of cryptocurrencies.
-
Chinese Clampdown on Cryptocurrencies Is Reportedly Forcing Mining Firms to Leave With Their Computers
Cryptocurrency companies with large operations in China are now moving out of the country and taking their expensive mining computers with them. China's crackdown on mining and trading of cryptocurrencies is forcing them to look elsewhere.
-
Watch: University of Cambridge Visualisation Shows How Bitcoin Mining Fell in China Even Before Crackdown
A visualistion by Cambridge Centre for Alternative Finance (CCAF) shows how notably Bitcoin mining fell in China even before the latest nationwide crackdown began. It shows that China's share of mining fell from 75 percent in September 2019 to 46 percent in April 2021, two months before the country banned cryptocurrency mining.
-
Chinese Cryptocurrency Addresses Sent $2.2 Billion to Scams, Darknet in 2019-2021: Report
Cryptocurrency addresses in China sent more than $2.2 billion (roughly Rs. 16,300 crores) worth of digital tokens to addresses related to scams and darknet operations between April 2019 and June 2021, as per a blockchain data platform report.
-
Bitcoin Dives As China Bans Cryptocurrency Mining In Key Province
Bitcoin tumbled more than 10 per cent Monday after China broadened a crackdown on its massive cryptocurrency mining industry with a ban on mines in a key southwestern province.
-
China Passes Cryptography Law as It Gears Up for Digital Currency
China's central bank set up a research team in 2014 to explore launching its own digital currency to cut the costs of circulating traditional paper money and boost policymakers' control of money supply.
-
China Set To Introduce Its Own Digital Currency, Say Analysts
As Facebook readies to launch its answer to bitcoin, China is set to introduce its own digital currency -- one that could allow the government and the central bank to see what people spend their money on, according to analysts.
-
China Looks to Stamp Out Cryptocurrency Trading
Regulators will take action against websites of foreign and domestic cryptocurrency trading platforms.
-
An Insider on Why Bitcoin Isn't Mainstream and How That Might Change
Gadgets 360 caught up with Brock Pierce, Managing Partner, Blockchain Capital and Chairman of the Bitcoin Foundation to find out what's keeping Bitcoin and blockchain out of mass acceptance.
