#China Archives - KogoCrypto | Latest & Breaking News from Cryptocurrency | Bitcoin | Altcoin | Blockchain

Four Chinese cities – Guangzhou, Tianjin, Yiwu, and Fuzhou, are set to become part of China’s digital currency trial. As per reports, China’s eCNY, or...

News

Hebei is the latest Chinese province to tighten down on cryptocurrency.

September 15, 2021

Crypto mining, according to provincial authorities, is harmful to China's environmental conservation efforts. Hebei, a northern Chinese province, is the latest to issue a riot...

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The next item on China’s policy agenda is cryptocurrency-related money laundering.

September 12, 2021

The People’s Bank of China, in its Financial Stability Report 2021, had pointed out that its clampdown on virtual currencies was complete. Days after the...

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China: The CBDC race heats up as more enterprises build e-CNY items.

September 8, 2021

Countries all over the world have increased their efforts to establish and promote Central Bank Digital Currencies (CBDC). And, China seems to be winning that...

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According to analysts, China’s mining boom may not be over yet.

September 2, 2021

Despite Bitcoin's apparent hash rate rebound, researchers pointed out that the current 150 EH/s reading was based on a 24-hour window. Earlier this year, the...

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China’s new blockchain infrastructure will be used to digitise securities and futures contracts.

September 2, 2021

A meeting of Chinese regulators was organised in Beijing to support blockchain development, which was first referenced in China's 14th Five-Year Plan. Chinese authorities, including...

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Chinese banks are looking into using e-yuan to sell investment funds and insurance.

August 31, 2021

Bank of Communications and China Construction Bank are collaborating with fund managers and insurers to enable Chinese citizens to make e-yuan payments. According to reports,...

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Standard Chartered introduces a blockchain trade platform in collaboration with a Chinese technology firm.

August 30, 2021

Amelia Ng, CEO of SC Ventures, will lead the joint venture that will operate the new blockchain-powered portal. Standard Chartered, a multinational banking firm based...

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China: Is the PBoC’s new’reminder’ about Bitcoin’s status truly new?

August 28, 2021August 28, 2021

“We remind the people once again that virtual currencies such as Bitcoin are not legal tenders and have no actual value support.” The People’s Bank...

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Bitcoin hashrate has tripled since June 28 in response to China syndrome.

August 25, 2021

Hashrate has already returned to early June levels, indicating that miners are resuming operations following China's restrictions. The Bitcoin network's hashrate has recovered impressively since...

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A Chinese region has decided to cut off Bitcoin miners’ access to hydropower stations.

August 23, 2021

Following the deadline, Yingjiang County apparently intends to “forcibly dismantle” the power supply to Bitcoin mining operations within its jurisdiction. Regulators in Yingjiang County, Yunnan,...

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The Chinese provincial high court has ruled that cryptocurrency is not legally protected.

August 23, 2021

A Chinese provincial high court judgement has created a potential precedent by refusing to preserve a plaintiff's $10,000 worth of lost cryptocurrency tokens. Another setback...

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Considering China’s most recent efforts to ‘immediately clean up and repair’ crypto-entities

August 18, 2021

China's crypto war appears to be far from done, with the People's Bank of China launching a campaign to "promptly clean up and rectify" forex...

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The Chinese government’s ban on bitcoin mining is a “game changer” for the adoption of electric vehicles.

August 6, 2021

Guizhou province is the first in China to announce an ambitious electric vehicle campaign, capitalising on the freed-up power capacity as a result of Beijing's...

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Xiaomi denies any involvement in a Bitcoin-accepting shop in Portugal.

August 6, 2021

A Portuguese store selling Xiaomi products previously announced a partnership with Utrust to enable payments in five cryptocurrencies. Chinese electronics manufacturer Xiaomi has denied the company's involvement...

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Ethereum, China, and how they contributed to Tether’s supply being flattened

August 4, 2021

In 2021, every sector of the digital asset industry experienced significant growth. This included advancements in DeFi, new ATH levels for Bitcoin, and the expansion...

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China’s crypto crime is still “top ranked,” but crime is decreasing.

August 4, 2021

Between April 2019 and June 2021, Chinese wallets sent and received more than $2 billion in cryptocurrency associated with illegal activities. According to a new...

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China’s attempt to kill Bitcoin failed for three reasons.

August 3, 2021

Bitcoin's hashrate recovery, stable peer-to-peer markets, and the consistent volume displayed by Asia-based exchanges indicate that China's attempt to ban BTC was ineffective. Bitcoin (BTC)...

Analysis

A blunder in the trade war as China is handing over the crypto battlefield to US banks.

July 31, 2021

Why is China abandoning cryptocurrencies at the same time that legacy US banks, which have long been sceptical of crypto, appear to be discovering its...

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Huobi is closing down a former Chinese exchange operator.

July 27, 2021

Huobi's decision comes on the heels of OKEx's decision to dissolve its China-based entity in late June. Stakeholders in the Chinese firm that was founded...

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According to Bobby Lee, China’s crackdown foreshadows an impending crypto ban.

July 26, 2021

China has increased regulatory pressure on cryptocurrency firms in order to keep Chinese citizens away from high-risk investments. Bitcoin (BTC) maximalist and Ballet CEO Bobby...

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With Bitcoin, China is pumping money out of the United States.

July 24, 2021

Instead of declaring war on cryptocurrency and further weakening the US economy, Chinese authorities appear to be putting things in order. The ongoing trade war...

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Senators from the United States are being urged by China to ‘stop stirring up controversy’ over the digital yuan.

July 21, 2021

The Chinese Foreign Ministry has replied to claims made by US senators that the digital yuan will be used as a tracking and tracing tool...

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The South China Morning Post will use NFTs to tokenize its 118-year-old archive.

July 19, 2021

Hong Kong monuments like as the Kowloon Walled City will be tokenized and included in The Sandbox, an Ethereum-based metaverse. Veteran Hong Kong-based newspaper South...

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Alibaba Participates in the Chinese Entrepreneur Festival with NFT Real Estate

July 18, 2021

Heshan Huang, a Chinese artist, constructed hundreds of virtual structures for the exhibition. Alibaba's Taobao Maker Festival in China features some real estate NFTs for...

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China is considering using e-CNY for cross-border payments.

July 17, 2021

China will take another step towards the introduction of the country's digital e-currency. According to a recent article citing the PBoC, the government would investigate...

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Anonymous declares its intention to “wage war” against China, while Elon Musk introduces a new cryptocurrency.

July 16, 2021

Anonymous has returned! And they're bringing a new token with them this time. The famed hacking organisation – Anonymous – is in the headlines today...

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China’s central bank claims that cryptocurrency inspired the establishment of the CBDC.

July 16, 2021

A People's Bank of China working paper published in English mentions cryptocurrencies as an essential backdrop for the digital yuan's development and discloses that the...

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Prior to the crackdown, China’s Bitcoin hash power fell: Cambridge data

July 15, 2021

According to Cambridge study, China's Bitcoin mining power dropped by 40% prior to the crackdown, while the United States' hash power tripled. The Chinese government's...

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Bitfarms’ green BTC mining output has increased by 50% following China’s ban, as Compass goes nuclear.

July 15, 2021

Because of the decrease in difficulty, Bitfarms are producing more BTC at a cheaper cost. Bitfarms, a publicly listed North American Bitcoin mining firm, has...

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China has banned cryptocurrency mining in Anhui Province.

July 14, 2021

The government of Anhui is tackling rising power consumption by shutting down local cryptocurrency mining facilities. The Chinese government continues to tighten down on the...

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Bitcoin: Was China’s mining restriction truly motivated by environmental concerns?

July 14, 2021

The recent miner migration from China has been one of the most significant roadblocks to the Bitcoin ecosystem since its creation. The Chinese crackdown was...

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Bit Mining raises $50 million to relocate operations out of China.

July 14, 2021

Bit Mining is considering exiting the Chinese market in reaction to the latest government mining crackdown. Bit Mining, a Shenzhen-based cryptocurrency mining company, is collecting...

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OK Group will use blockchain to assist China in combating money laundering.

July 13, 2021

OK Group will begin collaborating with Chinese authorities to prevent money laundering through the use of distributed ledger technology. OK Group, the blockchain technology business...

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Who may profit from China’s Bitcoin mining crackdown?

July 10, 2021

Bitcoin is generated or mined by high-powered computers in various areas of the world, with each one contributing to the solution of complicated mathematical riddles...

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China’s Crypto Projects Plan Their Next Move: Stay or flee

July 10, 2021

To leave or not to leave—that is the dilemma for China's crypto entrepreneurs. Many people are preferring to go underground to avoid the current crackdown....

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China’s digital yuan is spreading quickly, leaving a trail of dust in its wake.

July 8, 2021

The digital yuan has progressed from being seen as unworkable to being on the verge of widespread adoption, with the potential to change the global...

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China’s central bank is concerned about the threat stablecoins pose to financial systems.

July 8, 2021

While Visa and other large private payment networks regard stablecoins as having promise, China's central bank believes they represent significant threats to global financial institutions....

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Each Chinese bank instructs its employees to attract up to 300 new digital yuan users.

July 7, 2021

Six of China's major banks have assigned their personnel the job of pushing digital yuan wallets to 200 to 300 customers every year. Chinese banks...

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From mining to software, China’s governmental onslaught on cryptocurrency is still ongoing.

July 7, 2021

Financial institutions, cryptocurrency miners, and now software firms — where will China's regulators attack next? China's financial officials have shut down a Beijing-based software business...

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China demonstrates that Bitcoin is an unstoppable force: Bitcoin Center founder

July 6, 2021

According to Zap Procotol co-founder Nick Spanos, Bitcoin's price rises once regulatory setbacks are processed by the crypto community. China's ban on Bitcoin (BTC) mining...

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The Chinese cryptocurrency prohibition represents a “huge opportunity” for Canada, according to the president of a mining company.

July 5, 2021

According to iMining CEO Khurram Shroff, the diverse placement of Bitcoin mining facilities following China's crackdown is fantastic news for the rest of the globe....

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China becomes ‘low carbon’ after an e-CNY experiment encourages usage for ‘intended uses.’

July 3, 2021

China has shut down over twenty bitcoin mining facilities in an effort to be more ecologically friendly. This dealt a huge blow to the crypto-industry,...

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Mike Novogratz believes that China’s miner migration is a “big net positive for crypto.”

July 2, 2021

Despite China's efforts, Bitcoin exists and thrives in a variety of ways, according to Galaxy Digital's CEO. As big miners leave China one by one...

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The Beijing Metro now takes digital yuan.

June 30, 2021

Through an integration with the Industrial and Commercial Bank of China, Beijing's rail transport service now accepts digital yuan for subway rides. China is broadening...

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Chinese hydropower plants are for sale as cryptocurrency miners go abroad.

June 30, 2021

Advertisements for small-scale hydro plants are said to have increased on Chinese secondhand e-commerce sites. Small-scale hydropower facilities in China are allegedly searching for new...

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Is there a reversal to the ‘Chinese headwinds’ in Bitcoin?

June 30, 2021

China‘s broad prohibition on cryptocurrency mining rendered a sector mostly inoperable, as seen by the reduction in hashrate. According to an estimate by Adam James, a...

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Bitcoin and China: Why this action should not be ‘underappreciated’

June 29, 2021

The Chinese government's crackdown on cryptocurrency mining activities in the nation has been widely publicised in recent months. Several discussions on this development are taking...

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Huobi has prohibited Chinese customers from dealing in cryptocurrency derivatives.

June 29, 2021

Chinese customers will no longer be allowed to trade cryptocurrency futures on the Huobi exchange, as part of the government's larger cryptocurrency crackdown. Huobi, a...

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According to reports, the operator of China’s first Bitcoin exchange has exited the cryptocurrency market.

June 28, 2021

BTCChina is said to have sold its share in the Singapore-based Bitcoin exchange ZG.com. According to certain sources, BTCChina, the operator of China's oldest Bitcoin...

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Because of China, this Bitcoin movement will ‘accelerate rapidly.’

June 27, 2021

The Chinese government's ban on Bitcoin mining has had an impact on the world's largest cryptocurrency as well as its community. Indeed, within a few...

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‘One of China’s major Internet businesses has joined the NFT sector.’

June 23, 2021

One of China's major payment companies, Alipay, has announced the establishment of a platform for the selling of non-fungible tokens [NFTs]. Matthew Graham, the CEO...

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Due to a lack of energy, the world’s fifth-largest mining pool departs China for Kazakhstan.

June 22, 2021

BTC.com, a cryptocurrency mining pool, is leaving China after local authorities cut off its power supply. BTC.com — a major crypto mining pool that is...

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According to a cryptocurrency miner, China’s crackdown proves that Bitcoin is functional.

June 22, 2021

According to a former crypto exchange engineer, China's ban on Bitcoin mining is "fantastic news." The Chinese government's crackdown on Bitcoin (BTC) mining and cryptocurrency...

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Banks follow suit as China’s central bank tightens down on cryptocurrency accounts.

June 21, 2021

AgBank, the world's third-largest bank by assets, has stated that it will follow the PBoC's lead and seek to prevent its clients from engaging in...

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Will Miami be able to entice China’s Bitcoin miners?

June 20, 2021

Bitcoin miners explain to Decrypt why migrating to Miami may be appealing. Bitcoin miners in China contribute for 65 percent of the network's hashrate. However,...

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Inside China’s Most Successful Crypto Venture Firm, Long on Bitcoin, Ethereum, and PolkaDot

June 19, 2021

Continue Capital's diamond hands and conviction in the long-term potential of cryptocurrency have made it one of the industry's most successful Chinese startup businesses. Continue...

Bitcoin News

The Chinese Bitcoin mining shakeout might have unanticipated repercussions for BTC prices, according to one expert.

June 18, 2021

Bitcoin's manufacturing cost is decreasing, and price action frequently returns to new highs if it falls below it, according to statistics. According to one expert,...

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The Chinese University of Hong Kong and ConsenSys collaborate to develop the COVID-19 digital passport.

June 16, 2021

Healthcare experts in Hong Kong will test the COVID-19 Digital Health Passport. Patients will eventually be able to access the passport via a smartphone app....

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Confirmed: China orders Yunnan’s Bitcoin miners to shut down by the end of June.

June 13, 2021June 13, 2021

In this week's da bing, China's Bitcoin prohibition is extending to Yunnan Province, while the government is doubling down on 'independent' blockchains. For the longest...