China


Markets

China's CBDC Could Give Beijing 'Leeway for Economic Retaliation,' Says National Security Expert

Yaya Fanusie also believes that fears the Chinese CBDC would undermine or displace the U.S. dollar as the world's reserve currency are "overblown."

Signage for the digital yuan

Policy

Of Course China Is Anti-Bitcoin: Look What Happened to Jack Ma

China's assault on bitcoin is part of a broader struggle to foster innovation while maintaining control, says our columnist.

China crypto crackdown 2021

Policy

3 Things You Need to Know About China's Crypto Crackdown

The crackdown notice from the State Council has sent shockwaves across the crypto industry in China.

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Videos

China's Warning to Miners Sends a Chill Across the Crypto Markets

Beijing's warning to miners is being blamed for bitcoin's tumble back down to $32K. The Asian crypto markets are spooked. The crypto exchange and mining operation Huobi says it will suspend new accounts in China and scale back its mining operations. Angie Lau of Forkast News joins "First Mover" to update the state of crypto in Asia.

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Markets

Huobi Scales Back Due to China Crackdown; Bitcoin Falls Below $32K, Ether Past $2K

The exchange made the move on the heels of a series of crackdown notices from Bejing in recent weeks.

China crypto crackdown 2021

Videos

Key Takeaways From This Past Week's Crypto Plunge

“All About Bitcoin's” Week in Review panel on what to make of this past week’s surging trading volumes and exchange disruptions in the midst of significant markets sell-offs. Plus, reactions to Elon Musk’s comments about the "need" for the Lightning network to scale Bitcoin and China’s crypto crackdown.

Recent Videos

Markets

Market Wrap: China Breaks Crypto as Bitcoin Falls to $36K, ETH Drops $300 in Two Hours

Within two hours of the State Council statement, BTC fell 11%, based on CoinDesk 20 data.

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Videos

Bitcoin Drops As China Calls for Crypto Crackdown

Bitcoin prices drop again as Chinese officials call for a crackdown on cryptocurrency mining and trading. “The Hash” panel discusses the latest developments and what they could portend for the country’s crypto regulatory environment.

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