Sunday, January 24, 2021
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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Users of Everbright’s Cloud-Driven Utilities Payment Platform Exceeded Half a Billion in 2020

China Everbright Bank has seen users of its cloud-based utilities payments service surge in 2020, as the COVID-19 pandemic drove sharp gains...

China Unlikely to See Real Estate Loan Rates Decline in 2021 as LPR Holds Steady for Ninth Month Straight

Domestic analysts say that Chinese banks are unlikely to significantly reduce rates for real estate loans in 2021, as regulators continue to...

Chinese Central Bank Unveils Anti-Trust Measures Permitting Break up of Third-Party Payments Platforms

The People's Bank of China (PBOC) will have the power to recommend the dismantling of third party payments platforms under new measures...

Pinduoduo Owner Applies for Payments Trademark

A major shareholder in NASDAQ-listed agricommerce platform Pinduoduo has applied with Chinese authorities to register a Pinduoduo-related payments trademark.