Thursday, October 29, 2020
Tags Chinese cryptocurrencies

Tag: Chinese cryptocurrencies

Libra Will Be a Shock for Existing Financial and Monetary System: China’s National Institute of Financial Research

The head of one of China's leading financial and economic think tanks has expressed concern about the potential impacts of Facebook's plans...

Beijing’s New Bitcoin ATM Has Already Been Removed

A Bitcoin ATM that recently made an appearance on a street in Beijing has already been removed by its developers.

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....

Nearly 40% of Chinese Investors Willing to Bet on Cryptocurrencies in Future

A new survey on the state of the cryptocurrency market in China has found that around 40% of respondents would be willing to invest...

Baidu, Alibaba and Tencent Leap Aboard Beijing’s Cryptocurrency Crackdown

The Chinese central government has enlisted the aid of the country's leading tech giants in its ongoing crackdown on cryptocurrencies and ICO's. The China Banking...

China’s Banking Regulator Issues Risk Warning on Cryptocurrency Fraud

The China Banking and Insurance Regulatory Commission (CBIRC) has issued a risk warning about on use of certain key terms in relation to the blockchain...

Tencent Shuts Cryptocurrency Media Accounts on WeChat

Chinese internet giant Tencent has permanently shut a slew of blockchain and cryptocurrency-related media accounts on its massively popular WeChat messaging platform. Tencent said that...

Chinese Hackers Arrested for Stealing Nearly $87 Million in Cryptocurrencies

A trio of hackers in China have been arrested by police for stealing as much as 600 million yuan (approx. USD$87 million) in cryptocurrencies. Authorities...

Chinese Central Bank Will Continue to “Firmly Strike” Against Initial Coin Offerings, Cryptocurrency Platforms

The People's Bank of China (PBOC) has signalled that it will maintain its crackdown on initial coin offerings (ICO's) and the use of cryptocurrencies...

Chinese State TV Warns of Burgeoning Cryptocurrency Bubble

China Central TV has run an investigatory news story on the perils of cryptocurrency speculation, warning that a bubble continues to brew on the...

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Fake Digital Renminbi Wallets Have Already Emerged on the Chinese Market: Chinese Central Bank

Chinese regulators are already contending with the appearance of fake wallets for the statutory digital currency which is currently undergoing trial operation...

Jack Ma’s Ant Group Valued at over $313 Billion by IPO Pricing

The pricing for Ant Group's upcoming IPO in Hong Kong and Shanghai puts the value of the fintech giant at 2.1 trillion...

Yangtze River Delta Digital Financial Data Centre Will Issue Digital Renminbi

A new fintech institution launched in the eastern Chinese economic hub of the Yangtze River Delta will play a key infrastructure role...

Digital Renminbi Could Evolve into Global Currency: Ex-Bank of China Chief

Li Lihui (李礼辉), the former head of the Bank of China, believes that the development of the digital renminbi could pave the...