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China Continues Crackdown: No Hotels, Malls, Offices Used as Crypto Venues

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Zheping Huang, reporter for South China Morning Post, claims to have verified authenticity of online documents urging further crackdowns by the Chinese government as they relate to cryptocurrency. Shopping malls, hotels, offices in the Chaoyang district were issued notice forbidding them from hosting crypto related events. These new prohibitions come just after crypto social media … Read more

P2P Cryptocurrency Lending Grows Increasingly Popular in China

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China is reportedly witnessing a surge in peer-to-peer (P2P) cryptocurrency lending amid the country’s recent liquidity crunch and the virtual currency markets’ bear season. Despite regulatory uncertainty, entrepreneurs are reportedly eying opportunities in the nascent industry. Also Read: Theories Abound After BTC Leaps While Bitmex is Down Peer-to-Peer Cryptocurrency Lending Gains Popularity in China During Bear … Read more

Bitmain Founder Jihan Wu: A Most Important Man in Crypto

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He’s not flashy. He doesn’t post photographs of himself aboard yachts, arm-in-arm with scantily-clad groupies. A safe bet would be to assume he doesn’t own a sharkskin suit. Instead, his preference seems to be in the background, slightly obscured, faded almost. And yet he is arguably the most important man in cryptocurrency right now, and … Read more

The Daily: Bakkt Won’t Offer Leverage, Congresswoman Holds Crypto

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In today’s edition of Bitcoin in Brief we cover stories about Intercontinental Exchange’s crypto trading platform Bakkt, which won’t be offering leverage or margin trading, and a US politician who has revealed she’s bought a couple of cryptocurrencies. Also Read: Researcher: Stop Worrying About Bitcoin’s Environmental Impact Bakkt Won’t Offer Leverage Bakkt, the recently-announced subsidiary of … Read more