China

China

China’s Blockchain Infrastructure Services Provider BSN Adds Casper to Network

Casper is an Ethereum competitor that aims to launch in the first quarter of 2021.

Policy & regulation  ·  8 February 2021
China

Nigerian Central Bank Says Its Ban on Crypto Accounts Is Nothing New

The Central Bank of Nigeria said its warning to banks on Friday was not a new position, but a reiteration of its 2017 stance on cryptocurrencies.

News  ·  7 February 2021
Bitcoin

Why a Chinese New Year Sell-Off May Not Happen This Year

It's the year of the ox, and many traders and investors are holding their bitcoin in anticipation of a bullish market trend.

Markets  ·  5 February 2021
Ethereum

China’s BSN Onboards EY for Ethereum Compliance Tools

The new compliance services could further boost China’s efforts in the blockchain race against the U.S.

Policy & regulation  ·  5 February 2021
CoinFlash

Gaming Company The9 Is Buying 5,000 More Bitcoin Miners

The firm announced its pivot to mining in January.

Business  ·  5 February 2021
China

China’s Central Bank Is Partnering With SWIFT on a New Joint Venture

It's unclear what the new group's mission will be, though People's Bank of China employees working on its digital currency efforts will be involved.

Policy & regulation  ·  3 February 2021
China

Why a GameStop-Inspired Mania Is Unlikely in China’s Stock Market

It would be logistically challenging for Chinese retail investors to organize a short-selling campaign, especially with the authorities watching.

Policy & regulation  ·  2 February 2021
CoinFlash

China’s 500.com to Purchase Another $8.5M Worth of Bitcoin Miners

The NYSE-listed lottery firm may also acquire another 10,000 miners this year.

News  ·  2 February 2021
Japan

All Over the World, Small Investors Jump Into the GameStop Frenzy

The world is watching U.S. markets with great interest, and more than a little FOMO, as Reddit investors continue to test their might against Wall Street. It all started when retail investors on the Reddit community wallstreetbets began pumping the price of U.S. video game retailer GameStop’s (GME) stock to counter Wall Street hedge funds […]

Markets  ·  29 January 2021
Bitcoin

After GME, Dogecoin and Bitcoin, Chinese Traders Are Betting What Will Pump Next

For Chinese investors, including Justin Sun, FOMO has surpassed fear of losing money.

Markets  ·  29 January 2021
China

Geopolitics at Stake in US Response to China’s Digital Yuan: Report

From privacy to political power, China’s digital yuan will have far-reaching implications.

Tech  ·  27 January 2021
China

Bitmain Co-Founder Exits, Resolving Years-Long Power Struggle as Mining Firm Preps IPO

Bitmain co-founder Jihan Wu is stepping down from his role as part of a settlement.

Business  ·  26 January 2021
ConsenSys

Ethereum-Based ConsenSys Quorum Partners With China’s BSN Blockchain

The first partnership for Quorum since leaving JPMorgan is a big one.

Business  ·  25 January 2021
CoinFlash

Beijing, Shanghai to Join Wider Testing of Digital Yuan in 2021

The wider effort to promote the digital currency precedes a launch in the "near future," per a state media report.

Policy & regulation  ·  24 January 2021
Exchanges

At Least One Key Huobi Executive Is In Custody in China: Sources

The Chinese police appear to have intensified their crackdown on crypto exchanges’ OTC trading services in the last year.

Policy & regulation  ·  22 January 2021