Home Tags China

Tag: China

Billionaire Charlie Munger lashes crypto, circumspect of expanding markets

Charlie Munger, the famous billionaire and investment legend, backs China’s crypto crackdown and believes that the current climate on international markets is a bigger...

Bitcoin Mining Takes More Toll on Kazakhstan’s National Power Grid

In May, China placed a ban on Bitcoin mining, in a move that meant that mining firms would have to either close up shop...

China notifies citizens of digital yuan fraud in the Xiongan New...

Authorities in China's Xiongan New District notified the public of a rampant digital yuan fraud. The authorities mentioned the ongoing fraud's details in a notice signed...

China pressures state-owned enterprises to halt any Bitcoin mining activity

The Chinese government has started pressuring state-owned enterprises to stop any cryptocurrency mining activity. China has decided to charge harsh penalties on firms that...

Chinese Official Barred For Flouting Crypto Mining Rules

A Chinese official has reportedly been barred after allegedly abusing his administrative powers to undermine a standing political order of his party — the...

Huobi is closing its operation in Singapore shortly after exiting China

In accordance with Singapore's cryptocurrency regulations, Huobi Global has announced that it will be closing all of its local accounts. By March 31, 2022,...

Crypto exchange Huobi relocates spot trading from Seychelles to Gibraltar

Earlier today, the Huobi Group cryptocurrency exchange announced that it would be shifting its spot trading operation from Seychelles to Gibraltar. According to a...

Bitcoin Hashrate Retraces Back to May Highs

Despite the mining ban by China that saw Bitcoin hashrate dip 50% this year, the asset has now retraced back to its former levels. According...

China crackdown chronicle continues with the Zhejiang bust

China has been harsh on Bitcoin and all other cryptocurrencies since the beginning of the year. In another crypto mining bust, authorities in China's...

Chinese police bust a $124M scam in Zunyi city

China’s southward region police bust a gang of people laundering the stolen money using cryptocurrencies. As per the media reports, the theft involves 800...

Edward Snowden calls out CBDCs as an ‘evil twin’ of cryptocurrenices

Edward Snowden, the famous US-based whistleblower, recently tweeted about the concept of Central Bank Digital Currencies (CBDCs) and, specifically, about the Federal Reserve's future...

Bitmain stops shipping Antminer mining rigs in mainland China

Bitmain, one of the biggest manufacturers of crypto mining equipment from China, has announced that it will cease to ship Antminer minings rigs to...

Andrew Yang opposed Chinese crackdown, faces backlash

The former nominee for the presidential candidate, Andrew Yang, quit the Democratic Party in lieu of forming his own Forward Party. The man has been...

Bitmain, a crypto mining tools supplier, to halt services in China

China's recent crypto crackdown got the entire crypto market bothered. There was a lot of commotion, and experts wondered if this was the end...

10,100 mining rigs seized from a government tech park by authorities...

Crypto crackdown pressure China is at its peak as the authorities tighten their fists. Inner Mongolia, a province in China, Chinese regulatory authorities seized...

Recent Crypto ban by the Chinese government is severe, experts claim

The Chinese government has once again sent the crypto world into a great panic state. Back in the month of May, China was responsible...

Latest Chinese Regulatory Crackdown Sends Crypto Prices Tumbling

In what is another regulatory crackdown, the People's Bank of China has announced new regulations relating to cryptocurrency. This time, all crypto-related services will...

New decentralized stablecoin, ‘offshore Renminbi’ for international crypto trading

Most governments worldwide are worried about the regulations and monitoring of stablecoins. On the other hand, China is planning to bring a Yuan-pegged stablecoin...

Latest posts

Featured