Tuesday, April 20, 2021
Tags Chinese cryptocurrencies

Tag: Chinese cryptocurrencies

China Concerned over Return of Cryptocurrency Trading Following Bitcoin Price Spike

Chinese regulators are on high alert over risk issues in relation to Bitcoin trading by domestic investors following a 300% surge in...

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...

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China Construction Bank VP Lu Jiajin Expected to Assume Chairmanship of Industrial Bank Following Two Year Vacancy

The vice-president of one of China's big six state-owned banks is tipped to assume the role of chairman of a leading regional...

Chinese Central Bank Researching New Cryptocurrency and Stablecoin Regulations

The People's Bank of China (PBOC) says it is currently in the process of drafting new measures for the regulation of cryptocurrencies...

China Launches Digital Renminbi Trials in 11 Cities, Stages Seven Digital Renminbi Lotteries in Year Following Start of Testing

Pilot schemes for use of the Digital Renminbi have spread to at least ten cities around China a year following the commencement...

Chinese Central Bank Commits to More Policy Support for Carbon Targets, Warns of Risk Arising from Transition Away from Fossil Fuels

The People's Bank of China (PBOC) has reiterated its commitment to green finance initiatives as part of efforts to satisfy the country's...