Two more regions in China have declared crypto mining suspensions and bans. That is after the recent government moves to
Category: China
Weibo, China’s Twitter Suspends Several Crypto Accounts
China has been clamping down on crypto activities in the past months. The regulators are now on Weibo, a popular
Inner Mongolia Sets Stiffer Penalties for Crypto Activities
Inner Mongolia has declared tough penalties for individuals and firms involved in cryptocurrency mining. That comes after the China region’s
Huobi Global Temporarily Suspends its Services within China for the New Customers
Huobi Global is feeling the heat of the extended crackdown of China over the crypto industry and has temporarily suspended
China’s New Approach to Cryptocurrency Activities
For now, cryptocurrency has no space in the China economy as a currency. Crypto enthusiasts in this country can only
China’s Top Banks Support Digital Yuan Instead of Alipay and WeChat Pay
Alipay and WeChat pay are in trouble as China’s top banks promote Digital Yuan to be used in a huge
PBoC’s Governor Hints at New Crypto Regulations
Li Bo, the deputy governor of the Central Bank of China, People’s Bank of China, appeared in an interview at
China’s CBDC To Serve As A Backup For WeChat Pay And Alipay
In recent news, a member of the PBOC (People’s Bank of China) had announced that the nation’s primary digital currency
Chinese Government Set to Give $4.6M Away In Digital Yuan As Country Furthers CBDC Tryouts
The residents of Chengdu are set to receive a whopping $4.6 Million in Digital Yuan as the government is doubling
“We Don’t Have An Ambition To Replace Existing Currencies” Says Former PBoC Governor
Where the People’s Republic of China is witnessing huge success in its initiative of Central Bank Digital Currency (CBDC), officials