In recent years the Chinese government has vowed to strengthen its crackdown on cryptocurrencies by forcing banks and financial institutions to report to the authorities about any potential cryptocurrency-related transaction. Consequently, traders have…
Baidu, China’s search engine giant, has launched its very own blockchain-as-a-service (BaaS) offering. The new open platform intends to provide the “most user-friendly blockchain tool” to businesses. According to the dedicated webpage…
Chinese Bitcoin Exchanges Eye Friendlier Asian Countries As Crypto/CNY Trading Ban Comes Into Effect
A ban on cryptocurrency trading against the yuan has officially come into effect in China, forcing mainland bitcoin trading platform operators to turn to other Asian markets. Huobi, once one of the largest bitcoin trading platforms in the world, said i…
As the largest economic powers in the world vie for power, Bitcoin and other cryptocurrencies are leaving the petrodollar increasingly vulnerable
In an interview with the MIT Technology Review, Rod Garratt, an economics professor at the University of California, Santa Barbara, criticized the efforts of central banks to launch their own state-issued digital currencies. Since the beginning of 2017, a growing number of central banks including the People’s Bank of China (PBoC) have revealed their intent […]
This post University of California Professor Criticize Central Bank-Issued Cryptocurrencies first appeared on Coinjournal.
Those predicting the worst for Asia’s cryptocurrency market may have jumped the gun. Like it or not, bitcoin is big business in almost every corner of the continent – including China.
The post Bitcoin in China: Too early to sound the death knell appeared first on Crypto Insider – Bitcoin and Blockchain News.
China’s cryptocurrency clampdown has forced mainland investors and entrepreneurs to find ways to bypass the restrictions. Founders of cryptocurrency projects are now turning to Hong Kong exchanges for alternative listing of their tokens, while investors are exchanging their bitcoins peer-to-peer. Aurelien Menant, founder and CEO of Hong Kong-based cryptocurrency exchange Gatecoin told the South China […]
This post Chinese Cryptocurrency Aficionados Flee To Hong Kong first appeared on Coinjournal.
No field of technology has accomplished as much as Bitcoin when it comes to promoting diversity and inclusion. Check out inside what we’ve seen in recent weeks.
The price of bitcoin has fallen 38% since the beginning of this month as Chinese authorities are tightening their grip on cryptocurrencies. BTCChina, one of the biggest exchanges in China, announced on Thursday that it will close down its trading operations by September 30, while BitKan, a leading cryptocurrency trading app has already suspended over-the-counter […]
This post Down 38%: Bitcoin Stumbles Amid Regulatory Uncertainties In China first appeared on Coinjournal.
Fresh off China’s temporary ICO ban, Singapore may be preparing to to step up and take the lead in the ICO marketplace
The post Singapore – A haven for ICOs after China regulation? appeared first on Crypto Insider – Bitcoin and Blockchain News.