Report: Nearly 13,000 Chinese Social Media Accounts Promoting Virtual Currency Closed

Nearly 13,000 Chinese social media accounts that allegedly promoted virtual currency investments were closed, the Cyberspace Administration of China recently revealed. In addition, some 51,000 social media posts with content relating to the marketing or promotion of investments in virtual currencies were removed. 105 Websites Shut Down A Chinese regulator, the Cyberspace Administration of China […]

Go to Source

Powered by WPeMatico

‘Chinese Invented Paper Money and They Will End It’- Brazil’s Far-Left Praises Digital Yuan  

Chinese Invented Paper Money and They Will End It, Brazil’s Far-Left Praises Digital Yuan  Digital currencies, those issued by central banks in particular, have been commended for their “disruptive nature.” The praise comes from a publication associated with one of Brazil’s far-left parties. A recently published article claims that CBDCs such as China’s digital yuan can radically change global finances and government policies. Digital Yuan to Do Away With […]

Go to Source

Powered by WPeMatico

Is China’s New Fascination With Blockchain Really Good for Bitcoin?

Is China’s New Fascination With Blockchain Really Good for Bitcoin?Blockchain development has kind of become an element of the party line in the world’s largest officially communist state. The General Secretary of the Communist Party of China, Xi Jinping, recently told a Politburo meeting that the People’s Republic has to gain an edge in the emerging field. Some say Xi’s statement brought back the […]

The post Is China’s New Fascination With Blockchain Really Good for Bitcoin? appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

China During Crypto Ban: One Woman Tries to Live on Bitcoin

China During Crypto Ban: One Woman Tries to Live on BitcoinClose to being yet another annoyingly false media piece on how ‘hard’ it is to live on cryptocurrency, the Netflix of China, Iqiyi, followed a woman attempting just that for 21 days. Bitcoiners have been doing so for years through various service providers, exchanges, and, yes, even peer-to-peer, yet the clearly untrue ‘hard’ narrative is […]

The post China During Crypto Ban: One Woman Tries to Live on Bitcoin appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico