The post-Soviet country’s cheap electricity has been attracting Bitcoin miners, but will it manage to elbow out Russia and the United States?
The Chinese police busted a massive crypto scam in Wenzhou that managed to amass over $14.31 million.
The Chinese government and the country’s central bank, the People’s Bank of China (PBoC), are currently in the midst of testing a digital yuan or central bank digital currency (CBDC). … Read More
Chinese police have seized over $15 million in crypto and supercars worth $2 million from the alleged operators of a novel scam that sold counterfeit tokens. In an article published … Read More
Jul 8, 2020 at 15:00 UTCUpdated Jul 8, 2020 at 16:03 UTC Major Hong Kong-based crypto companies will face new challenges in settling cross-border transactions if U.S. sanctions in response … Read More
An overview of the first two days of the Unitize virtual blockchain conference where top crypto and blockchain experts offered their views on topical issues in the industry.
Jul 8, 2020 at 06:58 UTCUpdated Jul 8, 2020 at 07:07 UTC Didi station image (Credit: Zhu Difeng/Shutterstock) China’s Uber, DiDi, to Trial PBoC’s Central Bank Digital Currency DiDi, the … Read More
A series of bank runs has prompted the Chinese government to begin requiring approval for large cash deposits and withdrawals at commercial banks, starting with banks in a northern province. … Read More
First Mover: Even Bank of America Acknowledges China Winning Digital-Currency Race China’s push to roll out a digital version of its yuan isn’t likely to end the U.S. dollar’s century-long … Read More
Jul 7, 2020 at 09:00 UTCUpdated Jul 7, 2020 at 09:01 UTC FATF (Hervé Cortinat/OECD) Germany Seeks to Expand Digital Efforts at FATF as It Takes On Watchdog’s Presidency The … Read More