China – Page 85 – DIGIT INFO

Belarus President Calls to Increase Regulation on Cryptocurrencies, Citing ‘China’s Experience’

The Belarusian president held a meeting over the week where he mentioned cryptocurrencies within the context of regulating the IT industry. Alexander Lukashenko hinted at tightening the regulatory framework to control crypto usage in Belarus. Lukashenko Seeks to Create a Unified Governmental Regulatory Body According to news agency Belta, Lukashenko met with senior government officials […]

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Asia’s MicroStrategy: Meitu drops another $50M on ETH and BTC

Chinese tech company Meitu has dropped another $50 million on ETh and BTC, taking its total holdings up to $90 million.

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Turkish Police Dismantle Massive Chinese Crypto Scam That Held 101 Hostages

Turkey Police Dismantle Massive Chinese Crypto Scam That Held 101 Hostages

A massive police operation took place in Istambul, Turkey, against a Chinese gang’s crypto scam. Authorities found that criminals kidnapped 101 people and forced them to run scam operations. Scammers Tricked Hostages by Promising Them Work in a Legit ‘Crypto Investment Consultancy’ According to Demirören Haber Ajansı, Istambul police cracked down a fake “crypto investment […]

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Chinese holding firm Ping An overtakes Tencent in blockchain patents race

Ant Group remains the world’s biggest blockchain patentee, while IBM is considered to be the most cited developer of patents in the industry.

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China’s blockchain ambitions set in stone after mention in national five-year plan

China’s latest five-year plan mentions blockchain technology specifically and signals an increasing focus on the research of emerging technologies.

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Chinese banks pilot digital yuan at Shanghai department stores

The Bank of Communications and China Construction Bank conducted digital yuan trials at two major department stores in Shanghai.

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Coinbase CEO tops China’s Hurun list of blockchain billionaires

Coinbase CEO Brian Armstrong’s estimated wealth surged 10-fold over the past year to hit $11.5 billion, according to China’s Hurun Research Institute.

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China’s Inner Mongolia Plans to Shut Down Bitcoin Mining Operations by April This Year

China's Inner Mongolia Plans to Shut Down All Bitcoin Mining Operations by April This Year

Inner Mongolia, an autonomous region in northern China, is planning to shut down all cryptocurrency mining activities in the area by April 2021, as part of efforts to improve energy efficiency. Regulating the Electrical Consumption in Inner Mongolia The government of Inner Mongolia will also stop approving new projects in energy-intensive industries such as steel […]

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