Crackdown


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China Casts Long Shadow Over Hong Kong's Once-Vibrant Crypto Industry

The city's regulators are looking to finally provide some clarity. Will it be enough to retain crypto companies leery of China's growing sway?

Illustration: Yunha Lee for CoinDesk

Markets

Huobi Shuts Down Beijing Entity Amid Crypto Crackdown

The company said it's an old entity that isn't in use anymore.

Huobi OTC

Markets

China's Crackdown Is Forcing Miners to Dump GPUs on Secondhand Market: Report

The number of listings on China's most prominent marketplace apps has increased in the last month and a half.

A bitcoin mining farm.

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

Markets

Chinese Bitcoin Mining Company Delivers First Machines to Kazakhstan

BIT Mining expects to deliver another two batches of machines by the start of July.

Mining facility

Markets

Chinese Logistics Firm Airlifting Bitcoin Mining Machines to Maryland: Report

"Compared to the amount of miners that get shipped regularly, it's just a small batch," a mining source told CoinDesk.

Crypto mining machines

Markets

Sichuan Becomes Latest Chinese Province to Order Bitcoin Miner Shutdown

The Sichuan government has joined other Chinese provinces in ordering local bitcoin mining operations to shut down pending an inspection.

Ziping Pu dam in China's Sichuan province.

Finance

Chinese Province Cracks Down on Unauthorized (Not All) Bitcoin Mining

The Yunnan Energy Bureau stopped short of an all-out crypto mining ban.

Technicians exit a cooling chamber adjacent to a wall of bitcoin mining machines at a mining facility operated by Bitmain Technologies Ltd. in Ordos, Inner Mongolia, China.

Markets

Corrected: Yunnan Province Did Not Order Crypto Miners to Shut Down

The source for the original report appears to have been a counterfeit.

bitcoin mining machines at a mining facility operated by Bitmain Technologies Ltd. in Ordos, Inner Mongolia

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