According to Russia's deputy finance minister, citizens can still buy and trade BTC, unlike in China, but the ban on digital currency payments remains in effect.
Binance is doubling down on restricting access to its products in China, halting Chinese yuan OTCs, as top messaging app WeChat appears to block Binance results.
The BIS published the findings on a multi-CBDC project between central banks in Hong Kong, Thailand, China, and the UAE, showing the benefits of central bank-backed digital currency.
China's crackdown on cryptocurrency intensifies with a blanket ban on all digital currency transactions and mining.
The BSV industry in China needs to build applications aimed at enterprise-tier data users, rather than creating tradeable tokens and payment services, according to BSVdata.com creator Fueng Li.
The Minister of Trade has said India has no plans to impose a blanket ban on Bitcoin like China did, although the government is looking at more regulations.
The latest "Chinese Bitcoin ban" consisted of a statement from the central bank, followed by supportive edicts from several other departments, plus financial and technology industry representatives.
Crypto exchange Binance wants the world to know that it doesn’t conduct any business in China. Also, there’s no such thing as objective reality, so there’s no point accusing Binance of wrongdoing.
The closure marks the 45th operation for Inner Mongolia, which has been ramping up its anti-mining stance in line with the central government’s crackdown on the sector.
Ethereum, the self-proclaimed “world computer,” has a serious case of the ‘I Don’t Like Mondays’ after a series of public relations black eyes.
With its infinite scalability, a strong commitment to law and order, and willingness to work with governments to ensure that laws are upheld, BSV will survive and even thrive in the onslaught that’s to come.