China


Markets

Cloud Network Xunlei Hit By Class Actions Over ICO

China-based cloud content delivery network Xunlei has been hit by two class action suits over alleged illegal ICO activity.

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Markets

China's Cheetah Mobile Launches Cryptocurrency Wallet

Chinese mobile app company Cheetah Mobile has released an Android-based digital wallet for ethereum and bitcoin.

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Markets

Samsung Is Now Building Bitcoin Mining Chips, Report Says

Samsung is manufacturing bitcoin mining chips in partnership with an unidentified Chinese firm, according to an Asian news report.

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Markets

Bitcoin Exchange BTCC Just Got Acquired

Bitcoin services startup BTCC said it's been acquired by a Hong Kong-based blockchain investment fund. It did not name the buyer or reveal the price.

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Markets

Chinese Finance Association Cautions on Overseas ICOs

China's National Internet Finance Association, a self-regulatory group, has warned against participating in overseas ICOs and cryptocurrency trading.

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Markets

China's Banking Regulator Pushes Blockchain Adoption for Credit Market

China's banking regulator, the CBRC, thinks the country should double down on its adoption on blockchain technology to improve the credit market.

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Markets

China Moves to Crack Down on Digital Currency Pyramid Schemes

China's public security ministry says it will take aim at pyramid schemes in the country, including those that purportedly involve cryptocurrencies.

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Markets

PBoC Reportedly Orders Payment Services to Stop Serving Crypto Traders

The PBoC's Beijing division has reportedly issued a document requiring payment services to stop facilitating crypto trading activities.

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Markets

PBoC Official Calls for Wider Ban on Chinese Crypto Trading: Report

The vice governor of China's central bank is reportedly seeking a wider ban on services related to cryptocurrency trading in the country.

People’s Bank of China

Markets

Bitmain Reportedly Eyeing Canada for Bitcoin Mining Expansion

After announcing a Swiss branch, Chinese bitcoin mining giant Bitmain is reportedly looking at a second expansion into Quebec.

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