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Real Estate Lending Eased in 2017

Chinese real-estate related lending posted a marked slowdown in growth last year as Beijing sought to cool down overheating urban property markets. Outstanding loans in...

Chinese Central Bank Cracks Down on Cryptocurrency Transactions

The Chinese central bank has brought a halt to banking sector financial institutions providing services in relation to cryptocurrency transactions, according to a report...

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 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...

China Wants Blockchain to Optimise Finance by Reducing Information Asymmetries: Warwick Powell

Warwick Powell, Adjunct Professor at the Queensland University of Technology and Chair of Smart Trade Networks, says China is embracing the use of distributed...

Hong Kong Monetary Authority Calls for Regulation of Cryptocurrencies

The Hong Kong Monetary Authority (HKMA) has flagged regulation of crypto-assets in the wake of a mass meltdown in global crypto markets since the...

Shanghai High Court Declares Bitcoin a Virtual Asset Protected by Law

A court in Shanghai has declared that bitcoin qualifies as a virtual asset enjoying the protection of Chinese law, despite the ban on cryptocurrency...

Beijing Court Declares Bitcoin Mining Contract Invalid

A court in Beijing has declared a Bitcoin mining contract to be invalid, following an intensification of efforts by regulators to scourge cryptocurrency activity...

China’s Top Financial Authority Calls for Crackdown on Bitcoin Mining and Trading

China is further stepping up efforts to stamp out the domestic cryptocurrency market, with the country's top financial authority setting its sights on Bitcoin...

Paypal Founder Peter Thiel Worries Bitcoin Could Be Financial Weapon for China Despite Domestic Ban

One of America's leading tech entrepreneurs believes that China could use the Bitcoin cryptocurrency as a "financial weapon" against the US should tensions between...