Tuesday, January 26, 2021
Tags Chinese bitcoin mining

Tag: Chinese bitcoin mining

Beijing Categorises Bitcoin Mining as “Eliminated” Industry

The Chinese central government plans to officially including the mining of virtual currencies such as Bitcoin on its list of "eliminated" industries....

China’s Biggest Bitcoin Miner Hopes to Raise $1bn via Private Funding

Bitcoin mining giant Bitmain Technologies is undeterred by the recent drop in prices for the cryptocurrency, unveiling plans to raise as much as USD$1...

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Tencent Drops Advertising Veteran Lau Seng Yee from Roster of Top Executives

Chinese tech giant Tencent has removed a veteran advertising executive from the line-up of its senior-most personnel, as online companies in China...

Ant Group and Others Engage in Monopoly Conduct, But “Regulatory Discussions” Will Not Affect Normal Development: CBIRC

The Chinese banking regulator has sought to reassure the broader market that China's business environment for private enterprises will not be adversely...

Chinese Banks See Net Profits Decline 1.8% in 2020

China's banking sector saw a sizeable decline in its net profits for 2020 amidst the adverse economic impacts of the COVID-19 pandemic....

Tencent Expects Cloud Computing to Be Essential Infrastructure for Finance, Domestic Market to Soon Hit 80B Yuan

A senior executive from Chinese tech giant Tencent forecasts that cloud computing will be a key area of development for China's fintech...