Places China

An increasingly common critique of crypto is the notion that Bitcoin mining accelerates climate change. This claim is inaccurate.

China’s state-backed network won’t be compatible with external NFTs.

The ban on Proof-of-Work mining in China helped turn Bitcoin into a more resilient network.

China’s central bank is rushing to finalize the country’s CBDC plans and releases trial versions of digital yuan wallet applications on mobile phone app stores. 

Available report now shows that Bitcoin miners are still operating in China despite the crackdown.

Despite the Chinese government’s best effort to curtail interest in the crypto industry, new data has shown that interest of its citizens in the space continue to spike.

“I wish they’d never been invented,” — Berkshire Hathaway’s Charlie Munger is once again letting the world know his staunch opinion of cryptocurrencies.

Bitcoin mining industry has almost totally recovered from China’s ban has the space has recorded tremendous growth in the last 5 months.

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.

Decentralized finance (DeFi) is profiting from China’s new shakedown on the crypto industry.

Senator Toomey recently put pressure on the SEC Chairman Gensler, sending him a list of 25 burning questions, as he asked for detailed and concrete clarification surrounding current crypto regulation.