Insights on policy shifts, CBDC pilots, mining trends, and the broader impact on global crypto markets.
Bitcoin mining industry has almost totally recovered from China’s ban has the space has recorded tremendous growth in the last 5 months.
Oluwapelumi Adejumo 2 min read 
To demonstrate its continued hostility towards the crypto industry, China has relieved one of its top officials for supporting crypto mining.
Huobi, the leading crypto exchange platform, will discontinue trading its cryptocurrency futures and other derivatives products in China starting today
Bitcoin mining hashpower as gone from a low of 103 EH/s to touching as high as 189 EH/s within the last 3 months.
The blanket crypto ban has had the knock-on effect of popularizing DEXs in China.
North America has embraced decentralized finance the most amongst all regions of the world.
Bitcoin mining activity more than doubled in the US, following China’s crackdown.
A report from China has revealed that over 20 firms have closed because of the crypto ban.
Kucoin has advised its Chinese users to move their digital assets to another crypto platform.
