Russia: Digital currency payments still banned, but trading allowed
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.
Latest China News
Binance to halt Chinese yuan OTCs and restrict access in China
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.
BIS: CBDCs can slash the cost of cross-border remittances by 50%
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.
The CoinGeek Pulse Episode 63: China’s blanket crypto ban, Virgil Griffith pleads guilty to conspiracy charges, and blockchain pioneers join CoinGeek NY
China's crackdown on cryptocurrency intensifies with a blanket ban on all digital currency transactions and mining.
How can BSV still flourish in China under new restrictions?
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.
Indonesia won’t follow China in outright digital currency ban, gov’t official says
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.
What has happened in China since the latest ‘Bitcoin bans’?
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.
Binance bends reality in China avoidance claims
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.
China’s Inner Mongolia seizes 10,000 mining rigs from gov’t-owned tech park
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’s Sunday scaries bring Monday morass
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.
Bitcoin BSV will survive all government bans and regulation—here’s why
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.
China bans Bitcoin—even more this time
China's digital asset industry, which was once one of the world's largest, has been largely sidelined over the years as restrictions became more severe. Much of the local activity has already moved overseas or stopped completely.