Cryptocoins News / The Cointelegraph - 2 years ago
The People’s Bank of China, the central bank of the country, claimed in a recent note that China's share in the global Bitcoin (BTC) transactions has dropped rapidly from over 90% to 10%.The Financial Stability Bureau of the Chinese central bank rele...
Cryptocoins News / NewsBTC - 2 years ago
The China bitcoin mining ban that took place mid-last year was no doubt a heavy blow to the space. It saw the hash rate from the region which was once termed the mining capital of the world crumble to almost zero as miners had to shut down their ope...
Cryptocoins News / The Cointelegraph - 2 years ago
It's been a wild ride for Neo investors in the past few years, especially as China began to incrementally introduce harsher crypto regulations applicable to the project, which has been dubbed by some as "Ethereum of China." But despite the odds, the...
Bitcoin News / Bitcoinist - 2 years ago
China’s Supreme Court adds fuel to the fire after the Russian military attacks on Ukraine slipped the crypto market cap to 1.5 trillion.
The court declares crypto-fundraising illegal and determines jail time and fines for suspected persons.
To...
Bitcoin News / Bitcoin.com - 2 years ago
Contrary to some expectations, Beijing’s crackdown on the crypto mining industry has increased Bitcoin’s carbon emissions, researchers have alleged. Leaving China, miners also left behind its eco-friendly hydropower and are increasingly...
by COINS NEWS - 2 years ago
They're shitting their pants. They are afraid of losing their power over their citizens. They are afraid of crypto because they know crypto gives freedom to the people. So they ban it. Whenever I see a news about a dictator country banning crypt...
by COINS NEWS - 2 years ago
We all know what’s happening in the world today and it may be hard to keep up but with one major war breaking out and one looking like it’s on the way, it is total chaos out there right now. Guess what else? The Fed is looking to raise interest rate...
by COINS NEWS - 2 years ago
The ruling paves the way for violators to be criminally prosecuted, with a punishment of up to 10 years in prison and fines of up to $79,000. China's Supreme Court ruled Thursday that virtual asset transactions constitute "illegal fundraisin...
Cryptocoins News / The Cointelegraph - 2 years ago
China’s hardline policy on crypto took another turn on Thursday as the country’s Supreme Court revised its judicial interpretation for illegal fundraising to include digital currency transactions.The Chinese Supreme Court issued a revised version of...
Cryptocoins News / The Cointelegraph - 2 years ago
Bitcoin (BTC) kept falling lower on Feb. 21 as $38,000 became the latest level to fail the test for bulls.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$40,000 eyed as BTC relief bounce targetData from Cointelegraph Markets Pro and Tradi...
by COINS NEWS - 2 years ago
He forgot HSBC laundered money for Mexican Drug Cartels on number of occasions Noting Bitcoin and other cryptocurrencies as "beneath contempt", Munger went as far as deeming the main use for this "apparent modernity" as being lim...
Cryptocoins News / The Cointelegraph - 2 years ago
As the field of viable layer-1 blockchain protocols continues to expand, with newer entrants trying to solve the issue of high transaction costs and slow processing times, older projects find themselves utilizing their history and track record to set...
Cryptocoins News / The Cointelegraph - 2 years ago
Experts say that China’s corner of the Metaverse is likely to evolve very differently to other international markets and that decentralized infrastructure may not be part of the game plan.The Sino Metaverse seems likely to repeat what happened with t...
Bitcoin News / Bitcoinist - 2 years ago
China debuted its homegrown digital yuan at the 2022 Beijing Winter Olympics on Friday last week, in an effort to assert its competency in the international community.
However, it appears that some locals, foreign visitors, and officials are not com...
Cryptocoins News / The Cointelegraph - 2 years ago
Once hailed as the "Ethereum of China," Neo's token price has fallen on hard times ever since the world's most populous nation introduced a series of acute bans on cryptocurrency operations last year. In an exclusive interview with Cointelegraph, Neo...
Bitcoin News / Bitcoin.com - 2 years ago
A U.S. senator has warned about China’s central bank digital currency. “Analysts have raised the eCNY’s potential to subvert U.S. sanctions, facilitate illicit money flows, enhance China’s surveillance capabilities, an...
Cryptocoins News / The Cointelegraph - 2 years ago
A fundamental trait of crypto is as an asset class that transcends jurisdictions. Yet, one of the key hubs driving adoption and innovation is Asia. Since the heady days of Korea’s Kimchi premium and Bitcoin (BTC) arbitrage opportunities, the region i...
Bitcoin News / Bitcoin.com - 2 years ago
The Chinese government has established 15 pilot zones and 164 entities for blockchain projects. “Projects will be carried out in various fields such as manufacturing, energy, government and tax services, law, education, health, trade and f...