Inner Mongolia drafted a detailed plan to crack down on crypto mining in the region following the ban issued in February and the State Council's notice.
Red Date Technologies CEO Yifan He was showing off the BSN stack in public for the first time.
Yaya Fanusie also believes that fears the Chinese CBDC would undermine or displace the U.S. dollar as the world's reserve currency are "overblown."
China's assault on bitcoin is part of a broader struggle to foster innovation while maintaining control, says our columnist.
The exchange made the move on the heels of a series of crackdown notices from Bejing in recent weeks.
Within two hours of the State Council statement, BTC fell 11%, based on CoinDesk 20 data.
The latest news extended bitcoin's streak of wild price gyrations this week.
China’s reiterated crypto ban sharpens the focus on the financial sector.
Liquidations, China and even Elon Musk may be factors in markets falling.
The potential launch of private cryptocurrencies such as the Facebook-backed Diem is motivating central banks to develop CBDCs, the report noted.
Regulators cite the dangers of speculative trading.
Prominent trader Zhao Dong is charged with "assisting internet criminal activities " and faces three years in prison.
Bitcoin is for the establishment. LOWB is for losers.
Users in China can set up on AWS to "farm" Chia's XCH cryptocurrency.
Iran's push to license bitcoin mining could help it evade U.S. sanctions. But the plan is likely to help some of its people more than others.