BISS exchange in China shut down as governments launch anti-crypto assault
Chinese authorities shut down cryptocurrency exchange BISS. All trading and withdrawals have been halted, but there is no indication about how much money could be at stake.
Chinese authorities shut down cryptocurrency exchange BISS. All trading and withdrawals have been halted, but there is no indication about how much money could be at stake.
Despite the central government's reversal on blockchain technology, Chinese authorities continue to crack down on crypto mining companies in North China's Inner Mongolia Autonomous Region
Binance has been run out of China after flouting Chinese authorities and annoying other businesses.
Chinese companies applied for 7,600 blockchain patents from 2009-2018 and accounts for more than 60% of all patents filed when combining China with the U.S., Japan, South Korea and Germany.
China’s official army newspaper says the Army should incorporate blockchain technology into its operations.
Some of the world’s largest companies including JP Morgan, Nestle, UPS, HSBC, Ant Financial, RBC; all adopted blockchain. And Bitcoin SV celebrated its one year anniversary.
It’s been another productive week for the cryptocurrency space with activity and progress being shown across the globe.
People’s Bank of China has already made it clear that a bank-backed digital currency could be coming.
OneConnect is seeking to raise $100M in its IPO, down from $1B reported earlier despite not being profitable yet.
Crisis has befallen cryptocurrency exchange Binance amid reports that it’s looking to make a return to China.
China is advancing in blockchain adoption, the U.S. is moving towards regulation, Hong Kong and Turkey are moving closer to launching CBDCs
Hong Kong and Thailand have been conducting research on a state-backed digital currency, with the report coming by Q1 next year.