China


Markets

China State TV: OTC Bitcoin Platforms May Violate Law

Commentary on China's state television suggests a ban on cryptocurrency trading platforms may extend further than startups originally thought.

china, flags

Markets

Chinese Power Provider Denies Bitcoin Mining Ban

A state-owned electric utility in China is rebuffing rumors that bitcoin mining has been deemed illegal by the government.

Gold dragon, China

Markets

China's Bitcoin Exchanges Are Shifting Business Models

Following China's crackdown on trading against the yuan, some of the country's major bitcoin exchanges are now shifting to the OTC market.

Hong Kong

Markets

Hong Kong, Singapore to Collaborate on DLT Trade Finance Platform

Hong Kong's banking authority has announced a new collaboration with Singapore aimed to digitize trade finance with distributed ledger technology.

Hong Kong. Credit: Shutterstock

Markets

PBoC Digital Currency Director Calls for Centralized State Cryptocurrency

Head of cryptocurrency research at the People's Bank of China offered new critiques of bitcoin today, arguing it will never pass muster as a currency.

money, china

Markets

China State News Calls for 'Iron Fist' Regulation of Bitcoin Exchanges

China's Xinhua News Agency has defended regulators' recent decision to outlaw token sales and the exchange closures that followed.

newspapers

Markets

PBoC Advisor: 'China Was Right to Ban ICOs'

An advisor to China's central bank argued in a new op-ed that a recent move to crack down on initial coin offerings was the right course to take.

yuan, china

Markets

Bitcoin Exchange BTCC Brings Chinese Trading to a Close

BTCC, an international cryptocurrency exchange with headquarters in China, has announced it has ceased all domestic trading activities.

closed

Markets

Bitcoin Exchange BTCC Sets Deadline for Yuan Withdrawals

China's oldest bitcoin exchange has released new details on how it will end yuan trading following a crackdown by the domestic government.

Turnstile

Markets

It's Political: Why China Hates Bitcoin and Loves the Blockchain

CoinDesk advisor Michael Casey explains China’s recent moves against bitcoin exchanges and ICOs in a wider geopolitical context.

One Belt, One Road, Chinese strategic investment in the 21st century map. Chinese words on the map are the name such like china, one belt one road, Europe?Africa, Asia, and so on.