Report finds $50 billion of cryptocurrency moved out of China hinting at capital flight against Beijing rules
Over $50 billion of cryptocurrency moved from China-based digital wallets to other parts of the…More
Tagged: China
Meet Red Date, the Little-Known Tech Firm Behind China’s Big Blockchain Vision
A driving force behind the scenes of China’s ambitious blockchain infrastructure project says he used…More
Why China Is So Afraid Of Cryptocurrencies
The Chinese state has chosen to embrace blockchain while trying to limit cryptocurrencies as much…More
World’s 2nd-Largest Bank CCB Launches Blockchain Refactoring: Report
China Construction Bank (CCB), the world’s second-biggest bank by operated assets, has officially launched its…More
China is Pushing Toward Global Blockchain Dominance
As US leaders dither, President Xi Jinping vies for the technological future of finance. In…More
China Backtracks Stance on Cryptocurrency Mining After New Guidance Document
The National Development and Reform Commission of China appears to had a change of heart…More
Bitcoin’s Government Enemies Are Planning Their Revenge
China loves the blockchain, and the blockchain loves it back. Despite the People’s Republic having the…More
After Painful 2018, Chinese Blockchain VCs Are Getting Back Into the Market
After the 2018 crypto crash, up to 90 percent of blockchain-focused Chinese venture capital firms…More
China Announces New Regulatory Authority to Certify Digital Payments, Blockchain Products
China’s central bank, the People’s Bank of China, will certify 11 types of financial technology…More
China’s Cryptocurrency Plan Has a Powerful Partner: Big Brother
Facebook’s Libra project led Beijing to accelerate its efforts. The government could soon know a…More