Latest News Of China Tag

Under China’s new blockchain laws, Bitmain-ABC’s BCH is in trouble

Editorial 15 January 2019

Under China’s new blockchain laws, Bitmain-ABC’s BCH is in trouble

Under the new regulations, blockchain information service providers are within the purview of the CAC and a range of penalties has been outlined for the violation of the provisions.

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New China regulations for blockchain firms take effect February

Business 11 January 2019

New China regulations for blockchain firms take effect February

The Chinese government will be implementing new regulations for blockchain companies starting February 15.

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China central bank warns of ‘declining relevance’ for cash in digital payments boom

Business 4 January 2019

China central bank warns of ‘declining relevance’ for cash in digital payments boom

The central bank of China has warned of the declining relevance of cash, amidst a surge in the adoption of digital payment systems.

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China creates new Internet court based on blockchain

Business 20 December 2018

China creates new Internet court based on blockchain

China has launched an Internet court in Hangzhou to resolve disputes around internet content, using blockchain technology.

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Is ABC’s end game plan to help China sideline Bitcoin?

Editorial 14 December 2018

Is ABC’s end game plan to help China sideline Bitcoin?

Far from creating a state of anarchy, it appears that the ABC faction may have been working for the Chinese government after all.

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Business damaged by Bitcoin Cash civil war sues in U.S. Federal Court, action alleges takeover of cryptocurrency network by china-backed players

Press Releases 6 December 2018

Business damaged by Bitcoin Cash civil war sues in U.S. Federal Court, action alleges takeover of cryptocurrency network by china-backed players

In a lawsuit filed on Thursday December 6th in the United States District Court for the Southern District of Florida, United American Corp. a Florida Company, petitioned the court for emergency injunctive relief citing losses stemming directly from the Bitcoin Cash fork that began on November 15, 2018.

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China’s financial watchdog determines STOs are illegal

Business 4 December 2018

China’s financial watchdog determines STOs are illegal

First, there was the initial coin offering (ICO), which has run into more problems than anyone could have imagined.  Then, an alternative was created that would reportedly be safer and more legitimate than the ICO, the security token offering (STO). 

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Crypto’s future appears to be headed east

Editorial 26 November 2018

Crypto’s future appears to be headed east

The twentieth installment in a weekly column, A Power of Facing analyzes the growing influence of freer markets on China, and how crypto’s future might very well be forming in East.

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With crypto prices falling, mining equipment goes on sale in China

Business 22 November 2018

With crypto prices falling, mining equipment goes on sale in China

Miners in China are selling at low prices, with cryptocurrency prices testing year-low levels.

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School principals in China busted mining crypto at work

Tech 9 November 2018

School principals in China busted mining crypto at work

Two enterprising principals of a school in China were found to have been using school resources to mine Ethereum (ETH), according to reports.

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BTCC to shut down mining pool

Business 7 November 2018

BTCC to shut down mining pool

After four years, BTCC is shutting down its cryptocurrency mining pool indicated that the current market is not conducive to continue operations.

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China to begin regulating airdrops

Business 6 November 2018

China to begin regulating airdrops

The country’s central bank, the People’s Bank of China (PBoC), is going to start taking a harder look at airdrops, which the bank describes as being nothing more than initial coin offerings (ICO) in disguise.

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