China Archives - Page 7 of 15

China’s Blockchain Infrastructure To Hit Global Reach With Six Public Chains

July 21, 2020

China's blockchain infrastructure to hit global reach with six public chains. On August 10, a blockchain platform funded by the Chinese government will open its services to developers of decentralized (dapp) ...

Chinese Authorities Seize $15 Million In Cryptocurrencies, Arrest 10 Scammers

July 12, 2020

Chinese authorities seize $15 million in cryptocurrencies, arrest 10 scammers. Police in the Chinese city of Wenzhou, Zhejiang province, have cracked a criminal case and confiscated millions of dollars in cry...

China’s Uber DiDi To Test PBOC’s Central Bank Digital Currency

July 8, 2020

China's Uber, Didi to test PBOC's central bank digital currency. Uber 's Chinese equivalent, DiDi, is forming a task force on its transportation platform to design and implement a trial of China's central ban...

Ride-Hailing Giant DiDi Chuxing to Test China’s Digital Yuan

July 8, 2020

DiDi Chuxing, a major Chinese ride-hailing platform, is going to implement a trial for China’s central bank digital currency (CBDC), the company announced on Wednesday. The ride-sharing platform has entered ...

China Police Believed To Detain Crypto OTC Traders Amid Money Laundering Crackdown

July 3, 2020

China police believed to detain crypto OTC traders amid money laundering crackdown. Chinese law enforcement are targeting cryptocurrency trading, Zhao Dong, a prominent Chinese crypto OTC trader and the co-fo...

Bitcoin Rises In New Crypto Rankings By Chinese Government-Backed Institute

June 21, 2020

Bitcoin rises in new crypto rankings by Chinese government-backed institute. Under China's Ministry of Industry and Information Technology, the Center for Information and Industry Development (CCID) published...

Small Bitcoin Mining Farms Quit As Mining Rigs Become Worthless

June 11, 2020

Small Bitcoin mining farms quit as older mining rigs become worthless. The mining competition increased after the bitcoin halving. This makes it harder for smaller mining farms to continue competing, accordin...

China Freezes Thousands Of Cryptocurrency Traders’ Bank Accounts

June 10, 2020

China freezes thousands of cryptocurrency traders' bank accounts. The Chinese authority in China has frozen the bank accounts of thousands of cryptocurrency traders. This comes as a result of an extensive cra...

Credit Suisse Becomes China Joint Venture Majority Shareholder

June 2, 2020

Credit Suisse today announced the completion of the transaction to become a majority shareholder in its China securities joint venture, Credit Suisse Founder Securities Limited (CSFS). Established in 2008 an...

China Passes Law Protecting Cryptocurrency Inheritance

May 31, 2020

China passes law protecting cryptocurrency inheritance. China has passed its long-awaited civil code expanding the scope of inheritance rights to include cryptocurrency. Chinese courts have also recently rule...