Bitcoin News / Bitcoin.com - 2 years ago
Digital asset exchange Huobi Global has revealed its intention to exit the Chinese Market. The crypto trading platform with Chinese roots said it will stop processing transactions for existing users on the mainland by the end of the year.
Huobi Glob...
Cryptocoins News / NewsBTC - 2 years ago
Apparently, the People’s Bank Of China is considering using blockchain technology to power the Digital Yuan CBDC. The coin, also known as Digital renminbi or digital RMB, has been in beta-testing for a while now. However, Di Gang, deputy director of...
Bitcoin News / Bitcoin.com - 2 years ago
The province of Hainan in South China has taken steps aimed at curbing crypto mining activities. Besides blacklisting the industry, local authorities are also introducing higher electricity rates for the mining enterprises that continue to operate in...
Bitcoin News / Bitcoin.com - 2 years ago
Berkshire Hathaway Vice Chairman Charlie Munger, Warren Buffett’s right-hand man, says China did the right thing to “ban” cryptocurrencies, including bitcoin. He wishes that cryptocurrencies had never been invented, empha...
by COINS NEWS - 2 years ago
This isn’t a new stance for the 97-year-old vice chairman of Berkshire Hathaway. In May, during a Q&A session at Berkshire’s annual shareholder meeting, Munger said that his dislike for bitcoin increased amid the Covid-19 pandemic. “Of course I h...
Cryptocoins News / The Cointelegraph - 2 years ago
The metaverse and NFTs are in the crosshairs of the People’s Bank of China, which wants to track them with Anti-Money Laundering tools. China’s crackdown on crypto is...
Cryptocoins News / The Cointelegraph - 2 years ago
The world's sixth-largest economy could adopt a hardline stance against decentralized cryptocurrencies as soon as this winter. Are big emerging economies more likely t...
Cryptocoins News / The Cointelegraph - 2 years ago
The former Secretary of State warns that if left unregulated, cryptocurrency markets and social media platforms could destabilize the U.S. dollar as the reserve currency....
Cryptocoins News / The Cointelegraph - 2 years ago
The former Secretary of State warns that if left unregulated, cryptocurrency markets and social media platforms could destabilize the U.S. dollar as the reserve currency....
Bitcoin News / Bitcoin.com - 2 years ago
Former presidential candidate Hillary Clinton has called on the Biden administration to regulate the cryptocurrency markets. She warned that countries like Russia or China, as well as nonstate actors, could manipulate all kinds of technology to their...
Cryptocoins News / The Cointelegraph - 3 years ago
New York-based Foundry USA contributed to a 15.42% share of the network hash rate and is just 4,000 PH/s behind AntPool. New York-based crypto-mining service provider...
Cryptocoins News / The Cointelegraph - 3 years ago
This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industrys most important news, including influential projects, changes i...
Bitcoin News / Bitcoin.com - 3 years ago
Authorities in China are continuing to crack down on activities linked to cryptocurrencies which they consider illegal. The country’s top economic planning body has clearly indicated it intends to go after large-scale cryptocurrency mining tak...
Cryptocoins News / NewsBTC - 3 years ago
China has issued a warning to its state-owned enterprises to stop cryptocurrency mining. It also warned that it would increase electricity rates for companies that continue to defy the ban.
This latest warning comes amid the ongoing crypto ban in the...
Cryptocoins News / The Cointelegraph - 3 years ago
China is considering imposing harsh penalties on state-owned firms that continue mining cryptocurrencies. China is pressuring its own state-owned businesses to cease...