CHINA
HSBC CEO: No Plans for Launching Crypto Trading
HSBC revealed that the bank has no plan to offer virtual currency as investments to their clients by starting cryptocurrency trading.
Number of Ethereum Whales on the Decline as Market Sees a Massive Correction
Ethereum holders, those with at least 100 coins are on the decline.
China Financial Institutions Bars Crypto as Payment Tools
Three major regulatory bodies in China have prohibited banks and financial firms to provide cryptocurrencies transaction services.
Elon Musk Criticizes Bitcoin Mining for Being Highly Centralized in China, Hinting that Tesla May Dump Bitcoin
Elon Musk’s tweets have served to create headwind for Bitcoin, sending the cryptocurrency on a steep plunge.
Top Chinese State-Owned Banks Promote Digital Yuan Ahead of Shanghai 'Shopping Festival'
Chinese state-owned banks are reportedly promoting the country's CBDC ahead of a major shopping festival in Shanghai, which takes place on May 5.
China's Digital Yuan to be Made Available to Visitors During 2022 Beijing Winter Olympics
The People’s Bank of China (PBoC) has confirmed its plans to make its Digital Currency Electronic Payment (DCEP) available to foreign athletes and visitors at the 2022 Beijing Winter Olympics.
Bahamas Ranks First as The Country with Most Advanced Retail CBDC Development
The Bahamas narrowly beats Cambodia because its CBDC is available to all citizens.
Bitcoin Mining Pools Negatively Impacted as Northwest China Undergoes a Complete Blackout
The hashrate of various Bitcoin (BTC) mining pools dropped based on the blackout experienced in Northwest China, as acknowledged by pseudonymous Chinese journalist Wu Blockchain.
China Could Be Using Bitcoin as a Financial Weapon Against the US, Says PayPal Co-Founder
Peter Thiel is worried that China could be using Bitcoin to undermine the US.
China's Inner Mongolia to Shut Down Bitcoin Mining Operations Due to Energy Efficiency Concerns
A major Bitcoin mining hub in China, Inner Mongolia will be shutting down its extensive mining operations by April of this year.
Greater Bay Area Blockchain Week 2021 to Showcase International Technological Bridges
A nearly week-long premiere virtual event will feature industry leaders discussing the most exciting use cases of blockchain application in fintech, healthtech, investment banking, supply chain etc., as well as strengthen links between China’s own Greater Bay Area and other countries.
3 Ways Biden Can Be Friendly With China
I’ve often viewed myself as both a global citizen and a bridge between East and West. The Biden Administration has a once-in-a-generation opportunity to redefine America’s role in the global economy and pave the way for success in world with two equal economic superpowers. Here’s how…
North America To Get Its First Bitcoin Mining Pool to Rival China’s Crypto Mining Dominance
US-based Titan crypto mining software company sets to launch the first Enterprise-Grade Bitcoin Mining Pool in North America.
China’s Digital Yuan Launch Could Threaten Macau’s Gambling Industry
Gambling businesses in Macau fear that the launch of digital yuan would render them obsolete.
PlusToken Crypto Scam Masterminds to Serve 11 Years in Prison
The ringleaders of the PlusToken Ponzi Scheme have been charged with 11 years of prison after they stole cryptocurrencies worth 14.8 billion yuan.