China


Markets

Nigerian Central Bank Says Its Ban on Crypto Accounts Is Nothing New

The Central Bank of Nigeria said its warning to banks on Friday was not a new position, but a reiteration of its 2017 stance on cryptocurrencies.

Nigeria flag

Markets

Why a Chinese New Year Sell-Off May Not Happen This Year

It's the year of the ox, and many traders and investors are holding their bitcoin in anticipation of a bullish market trend.

Chinese New Year lion masks

Policy

China's BSN Onboards EY for Ethereum Compliance Tools

The new compliance services could further boost China’s efforts in the blockchain race against the U.S.

china flag

Finance

Gaming Company The9 Is Buying 5,000 More Bitcoin Miners

The firm announced its pivot to mining in January.

Bitcoin mining equipment

Policy

China's Central Bank Is Partnering With SWIFT on a New Joint Venture

It's unclear what the new group's mission will be, though People's Bank of China employees working on its digital currency efforts will be involved.

People's Bank of China's headquarters in Beijing

Policy

Jack Ma’s Ant Group Agrees to Restructure After Pressure From China’s Regulators: Report

Regulators have been clamping down on Ant Group, even cancelling its expected $35 billion twin IPO late last year.

Ant Group and Alibaba founder Jack Ma

Policy

Why a GameStop-Inspired Mania Is Unlikely in China’s Stock Market

It would be logistically challenging for Chinese retail investors to organize a short-selling campaign, especially with the authorities watching.

GameStop's 900% gain (and the wipeout of Wall Street shareholders) is the talk of financial markets from stocks to crypto.

Markets

China's 500.com to Purchase Another $8.5M Worth of Bitcoin Miners

The NYSE-listed lottery firm may also acquire another 10,000 miners this year.

Cryptocurrency mining machines

Markets

After GME, Dogecoin and Bitcoin, Chinese Traders Are Betting What Will Pump Next

For Chinese investors, including Justin Sun, FOMO has surpassed fear of losing money.

Justin Sun speaks at Consensus (CoinDesk Archives)