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3232China’s Crypto Crackdown: Fundamentals Still Show Bull Market Continuation, Bobby Lee Says ‘Don’t Panic’
https://www.digit.info/chinas-crypto-crackdown-fundamentals-still-show-bull-market-continuation-bobby-lee-says-dont-panic/
Fri, 24 Sep 2021 14:19:39 +0000https://www.digit.info/2021/09/24/chinas-crypto-crackdown-fundamentals-still-show-bull-market-continuation-bobby-lee-says-dont-panic/Read more]]>The People’s Bank of China (PBOC), the country’s central bank, published a Q&A to its website which said that Chinese citizens participating in virtual currency exchange offshore is “considered illegal financial activity.” The PBOC also reiterated comments it had made in the past stressing that “financial institutions and non-bank payment institutions” cannot process crypto payments. […]
]]>Huobi Prohibits Chinese Residents From Leveraging Cryptocurrency Derivatives
https://www.digit.info/huobi-prohibits-chinese-residents-from-leveraging-cryptocurrency-derivatives/
Mon, 28 Jun 2021 18:00:53 +0000https://www.digit.info/2021/06/28/huobi-prohibits-chinese-residents-from-leveraging-cryptocurrency-derivatives/Read more]]>The Seychelles-based cryptocurrency exchange originally founded in China, Huobi, has officially banned Chinese residents from swapping cryptocurrency derivatives, according to the company’s revised user agreement. China is now listed as prohibited and residents from the country are forbidden to use Huobi’s service. Chinese Citizens Are Now Banned From Huobi’s Crypto Derivatives Products The digital currency […]
]]>Officials in Sichuan Instruct Bitcoin Miners to Shut Down Operations: Report
https://www.digit.info/officials-in-sichuan-instruct-bitcoin-miners-to-shut-down-operations-report/
Fri, 18 Jun 2021 12:30:43 +0000https://www.digit.info/2021/06/18/officials-in-sichuan-instruct-bitcoin-miners-to-shut-down-operations-report/Read more]]>According to regional reports, bitcoin miners in Sichuan have been told by the Ya’an municipal government that they have until June 25 to shut down operations. Sichuan has been eyed closely in recent times as it’s estimated that a large demographic of miners are situated in the region. Sichuan Ya’an Energy Bureau Tells Bitcoin Miners […]
]]>Sichuan Energy Officials Plan to Meet in June to Discuss Bitcoin Mining Implications
https://www.digit.info/sichuan-energy-officials-plan-to-meet-in-june-to-discuss-bitcoin-mining-implications/
Mon, 31 May 2021 06:00:28 +0000https://www.digit.info/2021/05/31/sichuan-energy-officials-plan-to-meet-in-june-to-discuss-bitcoin-mining-implications/Read more]]>Ever since government officials in China started talking about cracking down on bitcoin mining and reiterating crypto guidelines from 2017, digital currency proponents and the media have been focused on this region. Just recently, a Chinese state-backed online publication revealed that the Sichuan Energy Regulatory Office plans to hold a meeting on June 2, 2021, […]
The People’s Bank of China (PBOC), the country’s central bank, published a Q&A to its website which said that Chinese citizens participating in virtual currency exchange offshore is “considered illegal financial activity.” The PBOC also reiterated comments it had made in the past stressing that “financial institutions and non-bank payment institutions” cannot process crypto payments. […]
The Seychelles-based cryptocurrency exchange originally founded in China, Huobi, has officially banned Chinese residents from swapping cryptocurrency derivatives, according to the company’s revised user agreement. China is now listed as prohibited and residents from the country are forbidden to use Huobi’s service. Chinese Citizens Are Now Banned From Huobi’s Crypto Derivatives Products The digital currency […]
According to regional reports, bitcoin miners in Sichuan have been told by the Ya’an municipal government that they have until June 25 to shut down operations. Sichuan has been eyed closely in recent times as it’s estimated that a large demographic of miners are situated in the region. Sichuan Ya’an Energy Bureau Tells Bitcoin Miners […]
Ever since government officials in China started talking about cracking down on bitcoin mining and reiterating crypto guidelines from 2017, digital currency proponents and the media have been focused on this region. Just recently, a Chinese state-backed online publication revealed that the Sichuan Energy Regulatory Office plans to hold a meeting on June 2, 2021, […]