News about CHINA

News about China

Binance US Gets Aid Of Ex-Uber China Exec & STTN Cross-Chain DEX

submitted by /u/shaflandl [link] [comments]

Hebei is the latest China province to wield the crypto crackdown hammer

Authorities in the province say crypto mining is inimical to China's environmental conservation efforts. Hebei, a province in Northern China, is its latest jurisdictio...

SafeTitan Swap Decentralized Exchange, A Solution for China Banking’s Cryptocurrency Bans

submitted by /u/corabecacoccogoneb2 [link] [comments]

Finding a new home: Bitcoin miners settling down after China exodus

Countries vie for cryptocurrency miner business as Chinese miners move to greener pastures. Here's where they are ending up. A few months ago, the crypto industry was...

Shanghai Man: China declares victory over crypto — Is this the end of the crackdown?

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...

Since China’s Mining Ban, Bitcoin Hashrate Has Recovered by 68% And Counting

Bitcoin is a perpetual motion machine. The Bitcoin hashrate is slowly climbing to pre-China-ban levels, and the service continued uninterrupted without a hiccup. Such is the power of well-placed incentives. Pantera Capital’s CEO Dan Morehead adds one...

China mining shock may not be over yet, experts suggest

Despite Bitcoin’s perceived hash rate recovery, analysts noted that the recent 150 EH/s reading was based on a short 24-hour window. Earlier this year, the Chinese go...

China’s new blockchain infrastructure to digitize securities and futures

Chinese regulators held a meeting in Beijing to promote blockchain development, which was first mentioned in China’s 14th Five-Year Plan. Chinese regulators, including...

Korean firm will become first BSN portal operator outside of China

China’s Blockchain Service Network is going global, with Korean blockchain firm MetaverseSociety announced as the first BSN portal operator outside of China. Red Date...

Central Bank of China: We will continue to crack down on cryptocurrencies

submitted by /u/thefoodboylover [link] [comments]

"China banning Bitcoin" FUD doesn't work anymore and I wonder what they are up to in the future

Hey guys! Since weekly banning of BTC doesn't make any difference anymore, what will the chinese dictatorship do next? My guess would be an attack on Bitcon, maybe through compromising software updates or an 51%-attack or something. Doesn't e...

China cracked down on Bitcoin 30 times in the past. There should be zero bitcoin activity left by now...

submitted by /u/Bitcoin_is_plan_A [link] [comments]

Chinese government says Bitcoin "has no value" as it begins newest phase of its anti-crypto crackdown. All foreign crypto exchanges, websites, and corporate pages are now blocked across China's Internet.

https://www.msn.com/en-us/money/other/bitcoin-has-no-value-people-banks-of-china-official-announces-further-crackdown/ar-AANOYqC?ocid=wispr&li=BBnbfcL submitted by /u/Extremely-Bad-Idea [link] [comments]

Protect your wallets: #China urges citizens to ‘stay away’ from #cryptocurrencies.

submitted by /u/bakarainvest [link] [comments]

Peoples Bank of China calls Bitcoin a Scam again after making it Illegal for the 2nd Time this Year, but Bitcoin Price still does not Care

submitted by /u/ShadowBaj [link] [comments]

Guys please kill me! Like seriously dude: "People's Bank of China warns against Bitcoin, says it has no actual value"

submitted by /u/rollingincrypto [link] [comments]

The People’s Bank of China Blasts Bitcoin And Crypto. Once Again.

For a minute there, it seemed like the FUD was over. The People’s Bank of China contributes to its country’s crypto-crackdown at the “Financial Knowledge Popularization Month,” People’s Daily Online reports from Beijing. Speaking at...

China to ‘maintain a high-pressure situation’ on crypto, official says

An official at the People’s Bank of China said that the public should increase its risk awareness and stay away from crypto investments. China has reportedly doubled d...

Chinas CCP declares BTC as Illegal again, but Bitcoins Price and even Media does not seem to Care

submitted by /u/ShadowBaj [link] [comments]

Monthly Report: Bitcoin Miners cut off from hydroelectric power in China’s Yingjiang County

Here are the top news from the cryptocurrency industry from this month Hydroelectric plants asked to dismantle power supply to Bitcoin miners in China The Office of the People’s Government of Yingjiang County in China issued instructions to hyd...

Three Months After the China Ban, Bitcoin Shines Brightly While Being Rid of Its Biggest Handicap. China will regret its decision in the future.

submitted by /u/sylsau [link] [comments]

Bitcoin hashrate triples since June 28 in recovery from China syndrome

Hashrate has now recovered to early June levels indicating that miners are coming back online after China’s crackdown. The hashrate for the Bitcoin network has made a...

Can we all take a moment to thank China for their ultimate sacrifice by shutting themselves off from the future.

China was the dominant mining force of the world. Dominant is a way that it was starting to become concerning that they hold too much power. 65% of the hashrate. Controversies were flying around that BTC is their brain child to dominate the world eco...

Crypto ‘not protected by law,’ rules provincial high court in China

A provincial high court ruling in China has set a potential precedent by declining to protect a plaintiff’s $10,000 worth of lost crypto tokens. Yet another blow has...

The great thing about China banning mining is that we no longer need to worry about the China FUD

As we all remember, the China FUD™ was that periodical community event where everyone lost their collective shit because glorious communist empire of the east decided to ban crypto again. Well, this cherished tradition is no more after the fateful ba...

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