China


Markets

Bitcoin Trims Gains as PBOC Steps Up Crypto Crackdown

Bitcoin fell from $35,100 to nearly $34,000 after the news started doing the rounds on Twitter.

People’s Bank of China

Videos

Are Greater Rewards Going to Bitcoin Miners Outside of China?

CoinDesk Managing Tech Editor Christie Harkin and "First Mover" Editor Brad Keoun joins "All About Bitcoin" host Christine Lee for a global outlook on next week's crypto markets activity and whether the worst is China crackdowns are behind us.

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Videos

Charlie Munger: America Can Learn From Communist China

"The Hash" team reacts to Berkshire Hathaway's Charlie Munger suggesting America can learn from Communist China regarding financial regulation. The hosts voice their skepticism towards Munger's "hypocritical" and "ridiculous" statement.

Recent Videos

Videos

WazirX, Binance Boost Compliance Procedures, Forkast Speaks to FTX CEO

Crypto exchanges WazirX and Binance look to implement stronger compliance measures. Forkast.News speaks with FTX founder and CEO Sam Bankman-Fried about crypto regulatory measures in Asia. Chinese district rewards residents with e-Yuan for counting footsteps. We’ll have more on these stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

Recent Videos

Videos

Where Will the Miners Go Following China’s Renewed Crypto Crackdown?

The calendar may provide a clue to China’s recent crypto crackdowns, with some saying it is at least plausible the Chinese authorities would send a strong warning to the crypto industry in the weeks leading up to July 1, the 100th anniversary of the Chinese Communist Party.

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Videos

China Crypto Crackdown: Calendar Offers Clue on ‘Why Now?’

The Chinese Communist Party celebrates its 100th anniversary today on July 1. Some members of the crypto community, including Ballet CEO Bobby Lee, suggest this calendar date may provide an explanation for China's renewed crypto crackdowns. "The Hash" unpacks the story as crypto intersects with geopolitical contexts.

Recent Videos

Videos

Is Now the Time to Buy Bitcoin?

QCP Capital Co-Founder and CIO Darius Sit discusses mixed signals for bitcoin and whether this is a smart time to invest now. “Bitcoin is “the king coin,” Sit said. While Ethereum can potentially trade higher than bitcoin, he said he believes that bitcoin will hold value better in the long run.

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Policy

China Crypto Crackdown: Calendar Offers Clue as to 'Why Now?'

Crypto crackdowns tend to intensify amid politically sensitive times in China.

Emblem of China on the Great Hall of the People, at Tiananmen Square

Videos

Russia and China Moving Their CBDC Projects Forward

Central bank digital currency (CBDC) initiatives around the world are ramping up. The Bank of Russia has reportedly named 12 banks to develop a prototype of the digital ruble by December. Meanwhile, the CBDC trials have reached Beijing’s subways as passengers can now use the digital yuan to pay their fares.

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Markets

Bitcoin Hashrate Stabilizes After China Crackdown

The majority of the reduction stemmed from China's move to shut down cryptocurrency mining operations in the country, with a little bit from Iran.

Greenidge Mining center