Places China

Throughout the past 24 hours, several publications and public figures have misreported that China has put an end to its blanket ban on bitcoin and the cryptocurrency exchange market. On Nov. 9, one cryptocurrency-focused publication released a story entitled “China Lifts Bitcoin Ban; Individuals and Businesses Can Now Own Cryptocurrencies Legally.” The article instantly attracted […]

China’s central bank the People’s Bank of China (PBC) encouraged the government to increase supervision of blockchain-related ventures in a working paper released on Tuesday, warning that “bubbles were apparent,” according to Reuters. "China to Strengthen Supervision on Blockchain-Related Financing, Investment" by REUTERS via NYT https://t.co/A9MGNo1Z9d #crypto #blockchain — ACO (@altcoinore) November 6, 2018 ‘Cannot […]

Hong Kong unveiled a new set of regulations aimed at governing the local cryptocurrency trading and funding market in a move that seeks to improve investor protection and the city’s status as a premier financial hub. Accredited Investors Only As reported by the South China Morning Post on Nov. 1, Hong Kong’s Securities and Futures […]

A Chinese arbitration court declared crypto-assets such as Bitcoin must be treated as legal property, despite an infamous blanket ban on cryptocurrencies in the country. Chinese Court Classifies Bitcoin as Property As reported by a local news outlet, the Shenzhen Court of International Arbitration ruled cryptocurrencies must be legally protected as a property with “economic […]

The cryptocurrency exchange sector in Hong Kong may soon see an upheaval, as the city’s Securities and Futures Commission (SFC) explores various aspects of regulating the myriad of cryptocurrency trading bourses operating in the city, reported South China Morning Post on Oct. 15. Hong Kong Exploring Digital Assets Outgoing chairman Carlson Tong Ka-Shing cites investor […]

Despite a blanket ban on cryptocurrencies and related businesses, China’s central bank is employing cryptographers and blockchain engineers to launch a state-issued digital currency presumably, reported South China Morning Post on Oct. 12. BitYuan Soon? As per vacancies observed in the People’s Bank of China’s annual hiring list of 2019 for its Digital Currency Research […]

An independent researcher from the People’s Bank of China (PBoC) argued that China must increase its research efforts in the stablecoin space and support upcoming companies that are exploring a yuan-pegged cryptocurrency. YuanCoin to Arrive? The views were written in an op-ed piece published on Oct. 9 by CN Finance, a magazine wholly-owned by PBoC, […]

Cryptocurrency enthusiasts seeking a “.neo” domain name will now be able to bid on the unique domain suffix as the NEO Name Service (NNS) went live on Oct. 9, according to a tweet. Expanding the NEO Ecosystem The NNS is wholly-developed by the NewEconoLab (NEL), a group of Chinese developers working on open-source projects based […]

A research study published on Oct. 5 claimed growing Chinese influence over the Bitcoin protocol is a “looming threat” to the $114 billion network. The paper alleged that China presents a problem to the security, stability, viability of the pioneer cryptocurrency. The Case Against China According to the paper, which was published by Florida International University […]

Rising costs and low profits push Bitmain to highlight manufacturing strength amid IPO preparations.

China’s oldest technology publication, the Beijing SciTech Report (BSTR), will accept Bitcoin payments for its 2019 subscriptions, reported Asia Times on Oct. 1, 2018. Also called “Technology Life” in the country, BSTR has a readership of millions and publishes both original and permission content on technology, big data, and life sciences. The Beijing-based publication has also […]

According to the People’s Daily on Sept. 28, 2018, JD Finance, a division of the Beijing-based e-commerce goliath JD.com (Jingdong Group), recently founded the Smart City Research Institute at its Nanjing headquarters. A smart city is generally an urban area that ultilizes various forms of electronic information collection sensors in order to provide data used to manage […]

The government of China and its central bank the People’s Bank of China (PBoC) enforced a strict crypto trading ban in September 2017. Yet, the local cryptocurrency market of the country remains active, with hotels, exchanges, and over-the-counter (OTC) trading platforms supporting digital assets. Local authorities have prohibited commercial banks from dealing with overseas crypto […]

Despite China’s infamous blanket ban on cryptocurrencies, Initial Coin Offering (ICO) investing is making a resurgence in the country as Bitcoin Over-The-Counter (OTC) exchanges gain prominence, reported local outlet Sina News on Sept. 26. OTC Market Fueling China’s Crypto Craze Most OTC providers are overseas-registered “shell” companies that bypass local supervision of the cryptocurrency market. […]

Tron will be lifting the lid on its once-enigmatic Project Atlas on Friday, Sept. 28th, giving detail on how its integration of BitTorrent into their recently debuted blockchain will create a “borderless economy” with more than a hundred million users, a press release states. We will go live this Friday (Sep. 28) at 7 PM […]

Monday’s segment of CNBC Cryptotrader entitled ‘The Future of the Utility Token,” one of the guests made a bold prediction on the crypto market. Kira Sun, an investment manager at China-based blockchain investment firm BlockVC, stated that he believes the bear market on Bitcoin to be at an end, but that altcoins will take longer […]

Qtum celebrated its first birthday with a bang, doubling down on the ambitions of its 2019 roadmap and releasing its “game-changer” 0.16 update, designed to scale the network to 50,000 transactions per second through lightning networks. A marriage of Ethereum Virtual Machine (EVM) functionality and Bitcoin’s established UTXO security measures, the project has traditionally sold itself […]

Bitmain, one of the largest cryptocurrency mining ASIC manufacturing companies, announced on Sept. 21 the release of new SHA-256 mining rigs at the World Digital Mining Summit in Georgia. SHA-256 is a common cryptographic encryption algorithm used in several industries and is what Bitcoin uses to secure its network. Bitmain’s most recent SHA-256 ASIC is the Antminer […]