China


Markets

First Mover: Even Bank of America Acknowledges China Winning Digital-Currency Race

BoA researchers anticipate China's digital yuan might make a dent in the greenback’s global hegemony.

(Mendenhall Olga/Shutterstock)

Markets

FATF Under Germany: Expand Digital AML/CTF Efforts

Dr. Marcus Pleyer has outlined the objectives for his next two years as president of the global AML watchdog.

FATF meeting.

Finance

China Police Said to Detain Crypto OTC Traders Amid Money Laundering Crackdown

Chinese police are stepping up efforts in cracking down on illegal economic activities, which now leads to crypto over-the-counter (OTC) traders being detained to assist investigations.

Chinese yuan image via Shutterstock

Tech

How Chainlink and Cosmos Fit Into China's Grand Blockchain Initiative

Chainlink will help the state-backed Blockchain-Based Service Network with oracles, and Cosmos-powered Irisnet will assist with interoperability.

Shutterstock

Markets

Bitcoin Miner Maker Ebang Estimates $2.5M Loss for Q1 in IPO Prospectus Update

The Chinese firm also revealed its anticipated share price in its updated filing with the U.S. SEC.

Mining machines (GreenBelka/Shutterstock)

Tech

JD.com Subsidiary Rolling Out Privacy Tech From Blockchain Firm ARPA

JD Digits is teaming with blockchain-based privacy platform ARPA protect the financial data of major clients.

(Michael Vi/Shutterstock)

Finance

Bitmain’s Power Struggle Takes Toll on Customers as Co-Founder Halts Shipments

Like the employees forced to choose sides, Bitmain customers have been caught in the middle of the power struggle at the No.1 bitcoin miner manufacturer.

Credit: CoinDesk archives, modified using PhotoMosh

Markets

Bitcoin News Roundup for June 10, 2020

As Chinese students prepare for bitcoin questions on their university entrance exams, some analysts say BTC is near the start of a multi-month bull run.

Markets Daily Front Page Default

Markets

What the Stock Market's 'Robinhood Rally' Means for Bitcoin

The largest 50-day rally in stock market history and even shares of bankrupt companies are up more than 100%. What is going on?

Credit: Nataliya Komarova / Shutterstock

Finance

Why Miner Maker Ebang's US IPO Raises More Questions Than Answers

Bitcoin mining hardware manufacturer Ebang wants to raise $100 million through a U.S. IPO. But that could be a risky investment, CoinDesk Research's Matt Yamamoto reports.

Cryptocurrency mining equipment