China’s Crackdown on Cryptocurrency Trading: A 2019 Recap
A brief overview of China’s war on cryptocurrency trading which started in 2017, and where is it at in 2019 Go to Source Powered by WPeMatico
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Five Countries Where Crypto Regulation Changed the Most in 2019
From the U.S. to China: Which countries have become leaders in cryptocurrency regulation in 2019? Go to Source Powered by WPeMatico
Authorities in Sichuan Go After Miners to Save Electricity in the Dry Season
Regional authorities in the province of Sichuan are reportedly pressuring bitcoin miners to scale down operations amid electricity shortages during the dry season in Southwest China. A meeting has been scheduled with regulators, the state run grid operator and mining companies. Two hydropower stations have been fined already for powering bitcoin farms without authorization. Also … Read more
China Tries to ban Bitcoin Trading Once Again
Companies in China have been wary of cryptocurrencies. That situation won’t necessarily change following some new guidelines coming out of Beijing. It has been a while since some “China bans bitcoin” FUD made headlines. More Bitcoin Trading FUD From China For reasons unknown, such news tends to come around at least once a year. This … Read more
Chinese Regulators Worry About Crypto Resurgence, Issue New Warning
Chinese securities regulators call local authorities to combat crypto-related illegal activities in Beijing amid the perceived resurgence of crypto Go to Source Powered by WPeMatico
4 Beijing Regulators Issue New Crypto Activity Warning
Four financial regulators in China have jointly issued a fresh warning regarding crypto trading activities in Beijing. The notice explains the reason for the warning and lists prohibited crypto activities, which have reportedly been surging as companies ramp up their blockchain promotion. Also read: Regulatory Roundup – New US Crypto Bill, France’s 1st Approved ICO, … Read more
Shenzhen Stock Exchange Launches Index of Top 50 Blockchain Public Companies
The Shenzhen Stock Exchange has launched a blockchain index comprising 50 of the largest publicly listed companies with blockchain ventures by market capitalization. Blockchain-related stocks in China have been gaining value since President Xi Jinping openly advocated for the technology. Also read: Regulatory Roundup – New US Crypto Bill, France’s 1st Approved ICO, Muslim Crypto … Read more
Canaan’s New 5-Nanometer Chips to Escalate ASIC Arms Race With Bitmain
Chinese mining ASIC producer Canaan plans to roll out machines based on 5-nanometer chips in Q1 2020 Go to Source Powered by WPeMatico
China’s Shenzhen Stock Exchange Launches Index of 50 Blockchain Firms
The Shenzhen Stock Exchange launched an index tracking the performance of 50 blockchain firms Go to Source Powered by WPeMatico
Chinese Police Seize Thousands of Miners, Arrest Dozens of Scammers
In the last couple of days, Chinese media have reported on police forces in one province of the vast Asian country seizing close to 7,000 mining rigs using stolen electricity and in another province arresting 72 multi-level marketing scheme operators for alleged fraud. Also Read: Chinese Regulators Question 8 Crypto Companies in Shenzhen Police Seize … Read more