China, News Beijing and Suzhou Railways Now Accept Digital Yuan Payments for Ride Fares July 1, 2021 Beijing subway has officially launched a new program that allows passengers to pay for rides with the central bank digital… Read More
China, Mining, News Hydropower Stations Up for Sale Amid China’s Crackdown on Crypto Mining June 30, 2021 Small hydropower plants have been put up for sale in China as demand for their cheap energy decreases following the… Read More
China, News China Imposed Crypto Crackdown to Clear the Way for Its CBDC: Christopher Wood June 29, 2021 The financial analyst and Global Head of Equity Strategy at Jefferies – Christopher Wood – opined that the Chinese officials… Read More
China, News China’s Oldest Exchange Exits Bitcoin Business Amidst Regulatory Pressures June 28, 2021 BTCC, ostensibly the first cryptocurrency exchange established in China, exited the bitcoin trading business last week. According to statements, this… Read More
China, News Huobi Prohibits Chinese Residents From Leveraging Cryptocurrency Derivatives June 28, 2021 The Seychelles-based cryptocurrency exchange originally founded in China, Huobi, has officially banned Chinese residents from swapping cryptocurrency derivatives, according to… Read More
Bitcoin, China, News China Made a Trillion-Dollar Mistake by Ousting Bitcoin Miners, Says Michael Saylor June 26, 2021 During a recent interview with Bloomberg, the prominent BTC bull spoke about the adverse short-term effects of China’s recent crackdown… Read More
China, News What does China’s crypto crackdown mean for the industry? June 26, 2021 The latest crackdown has compelled many bitcoiners to scramble for the exits, leaving their diamond-handed counterparts to issue witticisms that… Read More
Bitcoin, China, Mining 3 Tons of Bitcoin Mining Rigs Will Reportedly Relocate From Guangzhou to Maryland June 22, 2021 A few weeks after China started its nationwide crackdown on Bitcoin mining, new reports have confirmed the speculations that at… Read More
China, News Alipay, banks, and lenders join PBoC in boycotting crypto June 22, 2021 China recently cracked down on cryptocurrencies once again, this time by essentially kicking out Bitcoin miners. The move caused the… Read More
China, News China’s crypto crackdown causes CNBC’s Jim Cramer to get rid of his BTC June 22, 2021 China seems to have had it with Bitcoin (BTC/USD), and cryptocurrencies in general. The country’s central bank recently started another… Read More