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Use of Bitcoin as Money “Disastrous”: PBOC Digital Currency Research Chief

The head of the People's Bank of China's digital currency research department has deplored the use of virtual currencies such as Bitcoin as a...

China’s Bitcoin Ban Won’t Affect Blockchains: Central Bank

China's central bank says that domestic research and development of blockchains will continue despite the recent crackdown on initial coin offerings and the shutdown...

State Media Says Bitcoin Threatens Real Economic Growth

China's Xinhua News Agency has launched an editorial broadside against Bitcoin and other virtual currencies, claiming that they are "fake" forms of financial innovation...

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...

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...