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It is evident there are still a fair few countries which want to create their own cryptocurrency at some point. In the case of China, such a currency has been hinted at for quite some time now, and it seems the rumor mill is still churning at full strength. According to Reuters, the Petro-Yuan will … Read more
Will Chinese central bank head’s plan to liberalize local market lead to intelligent cryptocurrency regulation? #ANALYSIS Go to Source Powered by WPeMatico
The People’s Bank of China (PBOC)’s Institute of International Finance has released a report identifying cryptocurrencies as a top priority for 2018. The document claims that widespread retail investment into cryptocurrencies has the potential to pose systemic risk to the Yuan, and also emphasizes the PBOC’s intention to expand its research and development into cryptocurrencies. … Read more
Huobi has officially launched in South Korea. The platform facilitates the trading of 100 cryptocurrencies and 208 markets. The exchange is also creating an investor protection fund and program to immediately compensate for any losses that are not investor error. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Huobi Korea Launched Huobi … Read more
During the Satoshi’s Vision Conference in Tokyo, news.Bitcoin.com spoke with the CEO of Bitkan, Fang Yu, about the recent regulatory actions against cryptocurrency exchanges in China alongside her company’s new venture a vertical paid market called the Bitkan ‘K Site.’ The project will attempt to establish a decentralized media outlet that offers incentives to content … Read more
Reports have alleged that many Chinese cryptocurrency investors are seeking middle-men agencies on Wechat to facilitate their transactions in order to bypass the nation’s prohibitive virtual currency regulations and access exposure to initial coin offerings (ICOs). Also Read: Ford to Use Cryptocurrency for Inter-Vehicle Communication System ICO Token Brokerages Allow Chinese Investors to Bypass Ban According … Read more
Okex has promised to roll back futures transactions after irregular activity saw bitcoin plunge to under $4,800. The incident triggered massive liquidations, wiped out hundreds of contracts, and saw one trader threaten to commit suicide in front of Okex’ Hong Kong offices. Also read: Hacked Cryptocurrency Exchange Youbit Re-Emerges Amid Insurance Controversy Okex Reverses the Rekoning … Read more
Intel’s new BTC mining hardware accelerator patent seeks to reduce BTC mining energy use. #NEWS Go to Source Powered by WPeMatico
The deputy governor of the People’s Bank of China continues a hard gov’t line toward cryptocurrencies in China. #NEWS Go to Source Powered by WPeMatico
The recently announced Chinese Blockchain center will no longer open, due to legal issues #NEWS Go to Source Powered by WPeMatico
