Chinese Crypto Bans on WeChat Accounts, Events, and Exchanges: What Happened and Why
China has banned crypto-related WeChat accounts, events, exchanges, OTC markets and news sites. Is there anything left to ban? Go to Source Powered by WPeMatico
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Regulations Round-Up: 21-Year-Old Arrested, Coinbase Files for Patent
In recent news pertaining to cryptocurrency regulations, Alibaba and Tencent are collaborating with Chinese authorities to monitor and prevent peer-to-peer cryptocurrency trading via their respective mobile payments platforms, a 21-year-old has been indicted for operating an unlicensed cryptocurrency exchange, and Coinbase has filed with the U.S. Patent and Trademark Office for a mechanism designed to … Read more
The Daily: China Escalates Crackdown, Russia Chases Shadows, UK Warns of Scams
Following the closing of social media accounts of crypto news organizations and after forbidding hotels from hosting crypto-related events, China has turned its attention to banning payments to trading platforms based outside the country. We’ve covered the escalation of the crackdown in The Daily. Also, Russia’s Interior Ministry wants to introduce criminal liability for shadowy … Read more
China’s Payments Giant AliPay Takes Measures Against OTC Crypto Trading via Its Platform
Chinese mobile payment app Alipay is toughening its stance towards users who use their Alipay accounts for over-the-counter Bitcoin trading Go to Source Powered by WPeMatico
China: Central Bank, Gov’t Caution Public Over Fake Cryptocurrency Schemes
People’s Bank of China, Chinese Government warn citizens over “lawless entities” masquerading as legitimate blockchain-related companies Go to Source Powered by WPeMatico
China Prohibits Crypto-Related Promotion in Beijing’s Chaoyang District
China is banning all public venues from hosting any crypto-related events in Beijing’s Chaoyang district, as well as moving to close loopholes for online crypto-related activities Go to Source Powered by WPeMatico
China Continues Crackdown: No Hotels, Malls, Offices Used as Crypto Venues
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
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
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
China: Insurance Giant Ping An Releases “White Paper on Smart Cities,” Advocates for Blockchain
Leading insurance holding Ping An of China, has released a “White Paper on Smart Cities,” promoting blockchain tech, among others Go to Source Powered by WPeMatico