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Bitcoin Wealth Management Platforms Tout 40% Returns Despite Beijing’s Virtual Currency Crackdown

Bitcoin wealth management platforms in China continue to promise annualised returns of up to 40% to investors, despite Beijing's decision to ban a slew...

China’s Top Three Bitcoin Platforms All Suspend Virtual Currency Operations

All of China's three leading Bitcoin exchanges have announced the suspension of virtual currency operations, while the authorities are preventing their senior executives from...

Top Chinese Bitcoin Exchange Announces Suspension of Trading

One of China's leading Bitcoin exchanges has announced the imminent suspension of operations in the wake of a crackdown on initial coin offerings launched...

Bitcoin Arbitrage Booms Following China’s ICO Ban

Beijing's recent decision to ban initial coin offerings has led to a surge in Chinese Bitcoin arbitrage, including online courses that cover offshore Bitcoin...

Central Bank Places Accounts of ICO Platforms Under Strict Supervision

Following the launch of a ban on initial coin operations in China, the central bank has required that the accounts of certain ICO platforms...

ICO Ban is Just the Beginning of China’s Crackdown on Virtual Currencies

Members of China's Fintech sector say the central bank's ban on initial coin offerings only marks the start of a broader crackdown by the...

Chinese ICO Platforms Shut Down Operations Following Launch of Ban by Central Bank

A slew of ICO platforms in China have suspended operations following the central bank's announcement of a ban on cryptocurrency financial activity and a...

Chinese Regulators Step up Focus on Fintech with 1828 Fines in 2017

The People's Bank of China, China Banking Regulatory Commission, China Insurance Regulatory Commission and China Securities Regulatory Commission have jointly issued a total of 1,828...

China Declares Initial Coin Offerings Illegal

The Chinese government has just declared initial coin offerings to be an illegal form of financial activity, mandating a ban on cryptocurrency crowdfunding as...

BTC China Suspends ICO’s in Anticipation of Cryptocurrency Crackdown

One of China's largest Bitcoin exchanges has announced the suspension of initial coin offerings, as Chinese regulators flag the possibility of a provisional ban...

Chinese Regulatory Source Calls for Ban on Initial Coin Offerings ASAP

A Chinese regulatory source has said to www.financialnews.com.cn that crowdfunding via cryptocurrencies should be subject to a ban as soon as possible. Initial coin offerings and...

Chinese Regulators Mull Ban on Cryptocurrency Crowdfunding

China's financial regulators are considering a ban on crowdfunding by means of cryptocurrencies, as authorities in other leading economies step up their scrutiny of...

Latest stories

Chinese Central Bank Calls for Renminbi Internationalisation to Become National Strategy, Says Time Is Right for Capital Account Liberalisation

A senior official from the Chinese central bank has called for greater prioritisation of efforts to internationalise the usage of the renminbi,...

Chinese Central Bank Will Help Strengthen Green Financing Initiatives Abroad: Yi Gang

The head of the Chinese central bank has flagged plans to strengthen green financing for projects and partnerships in relation to the...

Zhou Xiaochuan Says Development of Central Bank Digital Currency Will Not Lead to Creation of Unified Global Money

The former head of the Chinese central bank has highlighted the challenges faced by efforts to achieve cross-border usage of central bank...

Citigroup Plans Expansion into China’s Securities and Futures Sectors

US banking giant Citigroup hopes to expand its footprint in the Chinese financial sector via the acquisition of licenses for a range...