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Category: Chinese Government
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Officials in Sichuan Instruct Bitcoin Miners to Shut Down Operations: Report
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Sichuan Energy Officials Plan to Meet in June to Discuss Bitcoin Mining Implications
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China’s Absolute Control Over Digital Yuan Will Boost Demand for Cryptocurrencies, Says Analyst
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‘Reiterated FUD’ – Chinese Government to Continue Monitoring Bitcoin Mining Sector
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Bitcoin Bull Mike Novogratz Warns of ‘Existential Crisis’ if the US Fails to Create Digital Dollar
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Chinese State-Run Media Believe BTC Price Surge Is Just ‘Hype’ While Praising Blockchain
Two Chinese state-run media outlets have published a brief news item urging citizens to focus more on blockchain technology than on the “hype” of the recent surging Bitcoin prices across the board. China’s Government to Focus on Blockchain Both Sina and Xinhuanet have stated that the recent rally in BTC prices has no clear explanation. […]
The post Chinese State-Run Media Believe BTC Price Surge Is Just ‘Hype’ While Praising Blockchain appeared first on Bitcoin News.
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Onchain Researchers Suspect Chinese Government Sold Plustoken’s Billion-Dollar Bitcoin Hoard Last Year
A number of masterminds from the Plustoken scam were sentenced to 11 years in prison for defrauding cryptocurrency investors. Last week, on November 19, a court ruling had shown the Chinese government said that it seized over $4 billion in crypto assets from the Plustoken scam. Meanwhile, onchain sleuths believe the Chinese government may have […]
The post Onchain Researchers Suspect Chinese Government Sold Plustoken’s Billion-Dollar Bitcoin Hoard Last Year appeared first on Bitcoin News.
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Bitcoin Ascends in New Crypto Ranking by State-Backed Chinese Institute
China’s Center for Information and Industry Development (CCID), under the country’s Ministry of Industry and Information Technology, has released its 20th ranking of crypto projects. A total of 37 crypto projects are ranked this time around overall as well as in three separate categories: basic technology, applicability, and creativity. The top four positions remain unchanged […]
The post Bitcoin Ascends in New Crypto Ranking by State-Backed Chinese Institute appeared first on Bitcoin News.
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China Never Banned Bitcoin as Commodity, Beijing Arbitration Commission Explains
The Beijing Arbitration Commission has published an article clarifying that bitcoin’s use as a commodity has never been banned in China. It explains that the Chinese authorities’ attitude toward controlling bitcoin revolves around three areas. China Recognizes Bitcoin as Commodity The Beijing Arbitration Commission published an article on the legal nature of bitcoin in China […]
The post China Never Banned Bitcoin as Commodity, Beijing Arbitration Commission Explains appeared first on Bitcoin News.
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