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China is coming down hard on blockchain companies, even though the government appears to favor blockchain over cryptocurrency. The Cyberspace Administration of China (CAC) announced new regulations on Jan. 10 that will compel blockchain platforms to eliminate “undesirable” content while giving authorities access to private stored data and to check the identity of users. Also … Read more
China introduces new guidelines for blockchain startups, obliges them to require ID card or mobile number for user registration Go to Source Powered by WPeMatico
The cryptocurrency mining manufacturer Bitmain may have a new chief executive officer in the near future according to regional reports. Bitmain’s director of product engineering, Haichao Wang, will apparently take the lead role within the corporation but no official timetable has been announced. Also Read: Nick Szabo: Central Banks May Turn to Cryptocurrency Reserves Over Gold … Read more
Bitmain’s Co-CEOs Jihan Wu and Micree Zhan Ketuan are transitioning out of their roles, sources report Go to Source Powered by WPeMatico
For years, bitcoin exchange traded funds (ETFs) have been struggling to get off the ground and receive approval from the U.S. Securities and Exchange Commission (SEC). Passive fund providers are now arguing there is sufficient market liquidity for a bitcoin ETF to be launched in 2019. Also read: SEC Wants Second Look at Nine Bitcoin ETFs … Read more
Ethereum devs should ‘embrace’ specialized mining hardware (ASICs), according to an Ethereum code contributor Go to Source Powered by WPeMatico
Anonymous sources claim Canaan is still interested in an IPO despite its lack of success in Hong Kong Go to Source Powered by WPeMatico
As President Donald Trump presides over geopolitical shape-shifting as the poster boy of separatist politics, the most significant clapback yet may be loss of confidence in the U.S. dollar. The dollar has been politically weaponized in the service of American interests and now other global powerhouses are betting on taking back control of their economies … Read more
According to China Judgements Online, a database of Chinese court documents, half of all lawsuits pertaining to cryptocurrencies were filed last year, highlighting an increase in fraudulent activity despite China’s regulatory crackdown. The database indicates that at least 202 cryptocurrency scams were promoted via more than 3,000 different platforms. Also Read: Indian Central Bank’s Report Shows … Read more
China’s new interbank blockchain platform to be sponsored in part by the United Nations Development Bank Go to Source Powered by WPeMatico