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China
Governments Meet Crypto Industry; Hope for Bitcoin Miners in Sichuan
Governments throughout Asia are meeting with the crypto industry to discuss how to regulate the booming industry. Chinese local media reports the authorities in Sichuan may take a more lenient approach to bitcoin mining despite Beijing’s mining clampdown. Also, BC Group’s OSL announces tie-up with SC Ventures. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
SpaceChain Shoots Blockchain to Space; Cardano’s Bridge to China
Singapore startup SpaceChain will send its blockchain tech to the International Space Station aboard Falcon 9. Cardano announces its first cross-chain bridge with China’s Nervos Network. Indian cryptocurrency exchange WazirX and Korbit in South Korea launch, their nation's first NFT platforms. We’ll have more on that story – and other news shaping the cryptocurrency and blockchain world – in this episode of The Daily Forkast, June 2.
China Will Now Allow Couples to Have 3 Children After 2 Child Policy Fails to Stem Declining Birthrates
In a major policy shift, China says married couples may have three children, up from two, to rejuvenate its aging population and boost its economy. “The Hash” team examines China’s child policy issues and its impact on global inflation and the crypto markets.
BTC China Co-founder Bobby Lee on China Crypto News, Impact of Three-Child Policy
Ballet CEO and former BTCC founder Bobby Lee discusses the state of crypto affairs in China and responds to the country’s newly issued three-child policy in an effort to maintain economic growth. Plus, his thoughts on Mt. Got victims beginning voting on reimbursement proposals and on central bank digital currencies (CBDCs).
Crypto Crimes Surge in Asia; Bitcoin Reasons for Divorce in South Korea
South Korea has lost $5 billion due to crypto-related crime over the past five years as fraud and scams surge across Asia. China’s Sichuan province looks to weigh the effects of a crypto mining ban on the region’s hydropower generation. Back in South Korea, crypto is becoming a reason for couples to get divorced. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Pourquoi la répression en Chine pourrait centraliser davantage le minage de Bitcoin
Les grandes sociétés minières chinoises devraient survivre à la répression.
PayPal Exec: Most Central Banks Don't Have Appetite to Own Technology
During a 1:1 session at Consensus 2021, PayPal's VP & GM, Blockchain, Crypto and Digital Currencies, Jose Fernandez da Ponte, believes central banks know what they are doing on the technology side but doesn't think they have an appetite to own the technology stack and handle millions of consumer accounts.
Sam Bankman-Fried’s Crypto Markets Outlook
The crypto markets have been volatile over the last few weeks, spooked by China’s threats to miners and Elon Musk’s tweets flip-flopping on bitcoin’s sustainability. FTX founder Sam Bankman-Fried weighs in on what’s going on in the crypto markets and what he expects to see in the near term.