Nasdaq listed Bitcoin miners urge China to open doors to green mining
The CEO of Canaan Inc called for a less indiscriminate mining ban in China. Go to Source Powered by WPeMatico
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Tiger Brokers and Futu to Offer Crypto Trading Services Outside China
Two Chinese online brokerages have set out to enter the global crypto trading market. The platforms, Tiger Brokers and Futu, are planning to offer their services only outside the People’s Republic as Beijing is once again cracking down on bitcoin trading in the country. Major Chinese Online Brokers Dive Into Crypto Trading Beijing-based Tiger Brokers … Read more
Digital yuan conceived to counter Alipay-like platforms, says former PBoC executive
Chinese “crypto dad” and ex PBoC director Yao Qian insists digital yuan is not a surveillance tool for the government. Go to Source Powered by WPeMatico
Central Bank of Brazil Issues Guidelines for Its CBDC
The Central Bank Of Brazil, the highest monetary authority of the country, has released a note listing the general guidelines for the design of a hypothetical central bank digital currency (CBDC) for the country. While there are still no concrete steps taken in this direction, at least the document recognizes there have been discussions about … Read more
Sichuan Energy Officials Plan to Meet in June to Discuss Bitcoin Mining Implications
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, … Read more
Chinese traders turn to OTC desks amid regulatory crackdown
Threats from China’s central government appear to have done little to quash local demand for crypto assets. Go to Source Powered by WPeMatico
Shutting down Bitcoin is impossible, Ark Investment founder says
Multiple efforts to ban Bitcoin couldn’t stop the largest cryptocurrency from becoming a $1-trillion asset earlier this year. Go to Source Powered by WPeMatico
Chinese BTC miners equivalent to Quebec’s output on the move: Slush Pool
According to Edward Evenson, a Bitcoin miner from Slush Pool, Chinese BTC miners are on the move. Go to Source Powered by WPeMatico
Shanghai Man: Miners banned, exchanges targeted? Here’s what’s really happening
A look at the last week of crackdowns, including a ruling from Vice Premier Liu He. Hong Kong echoes Beijing with stricter controls of their own, limiting retail investors in the administrative region. Go to Source Powered by WPeMatico
Executives from China’s Largest Bitcoin Mining Firms Speak About Regulatory Crackdown
During the course of the week, the cryptocurrency community has been focused on China and the country’s Financial Stability Board detailing that it aims to crack down on the bitcoin mining sector. Following the statements from Chinese officials and a few crypto businesses abandoning services in the region, executives from some of China’s largest bitcoin … Read more