China Archives - Page 14 of 15

Chinese Central Bank Pushing to Curb Bitcoin Mining

January 3, 2018

After successfully banning ICOs and then all cryptocurrency exchanges within the country’s borders, the eyes of the Chinese authorities are now on the Bitcoin mining industry. According to a local source, t...

Growing Bitcoin Mining Industry’s Energy Demand Causing Blackouts

December 11, 2017

Bitcoin is soaring, and with the meteoric rise in the value, the Bitcoin mining industry is attracting a whole new generation of miners. The lucrative crypto mining industry has seen tremendous growth in rece...

Rumors of Power Cancellation to Chinese Bitcoin Mining Operations Disproved

November 15, 2017

On Tuesday, a report saying that Chinese power companies would allegedly cut off the electrical supply to Bitcoin mining rigs made its rounds on the internet. Later on the same day, however, it was revealed t...

Huobi Launches Three New Tokens on its Global Platform

November 1, 2017

The Chinese digital currency exchange Huobi is now focusing on markets outside of China after the Chinese government’s crackdown on its local exchange. Today, it launched three new tokens (Ox, Kybr, and Airsw...

Chinese Bitcoin Exchanges Have Reportedly Found a Loophole in the Ban

October 31, 2017

Could China soon regain the mantle of the world’s largest Bitcoin trading market? Reports from the country indicate that at least two of the biggest players in the local industry are looking for ways to keep ...

Bitcoin Exchange Huobi Opens Post China Ban Era with New Platform

October 30, 2017

As China’s cryptocurrency trading ban is about to come into effect on October 31, 2017, the country’s exchange operators are all moving their focus abroad to try to recreate the success they had international...

China Delivers Final Blow, Shuts Bitcoin Exchanges This Month

September 14, 2017

China plans to shut down domestic Bitcoin exchanges by the end of September, delivering the final blow to the nation’s industry of cryptocurrency trading, anonymous sources told Chinese financial news outlet ...

BTCChina to Stop All Trading, Bitcoin Price Crashes

September 14, 2017

BTCC, one of the largest Bitcoin exchanges in China and the world, has just announced that it will cease all trading operations by the end of September. The market has responded quickly and the price of Bitco...

Chinese Regulators Ban Raising Funds via ICO Effective Immediately

September 4, 2017

After a wave of rumors and speculation over the weekend that China is about to ban blockchain startups raising funds via initial coin offerings (ICOs), the authorities have just confirmed the matter. The Peo...

OKCoin Adds Ethereum Trading, Warns Bitcoin Might Fail

June 1, 2017

More good news for long term Ethereum holders from China. After it was revealed that Huobi is adding ETH transactions, its competing giant Chinese Bitcoin trading venue, OKCoin, is jumping on the Ethereum ba...