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Cryptocurrency exchange Binance has launched peer-to-peer trading in China. The platform supports traders making transactions between themselves using the dominant Chinese payment apps Alipay and Wechat Pay. News of the matter forced Alipay to publicly claim it stops transactions if they are discovered to be related to cryptocurrency. Also Read: Tether Created ‘Largest Bubble in … Read more
Binance has begun accepting fiat currencies through online payment service Alipay and mobile messaging and payment app WeChat Go to Source Powered by WPeMatico
Crypto is not illegal in China, but it is illegal for banks and financial institutions to deal in crypto. It’s also illegal to send or receive over $50,000 in fiat money without government permission. Restrictive banking regulations, international trade wars, and a surveillance state in the midst of political unrest mean that transferring money can … Read more
Tether Holdings, the firm that issues tether (USDT), has plans to launch an offshore Chinese yuan stablecoin called CNHT. Tether’s digital dollar presence within the crypto economy has been massive in recent months, seeing significant demand from China. Bitfinex shareholder Zhao Dong has explained in a recent interview that Tether is also preparing to launch … Read more
BitTorrent is beginning internal tests for its blockchain-backed streaming platform Go to Source Powered by WPeMatico
Binance’s Venus stablecoin project aims high, but experts aren’t yet convinced about its potential short-terms success Go to Source Powered by WPeMatico
Centralized companies can still adversely impact crypto — the community reacts: “There is a solution to protect ourselves against potential abuse” Go to Source Powered by WPeMatico
E-cash inventor David Chaum says he believes the real killer app for blockchain and cryptocurrencies will be privacy-oriented messaging systems integrated with payments Go to Source Powered by WPeMatico
Two Chinese over-the-counter crypto trading chat groups administrators have been accused of illicitly collecting bitcoin for running a loan scheme Go to Source Powered by WPeMatico
“It is precisely this type of restriction of freedom that will push people to use crypto,” China’s crypto community remains positive despite tightening restrictions Go to Source Powered by WPeMatico
