Miners from China Account for 66% of Global BTC Hash Rate
Despite the fact that cryptocurrency mining is illegal in China to a certain degree, the country’s miners account for 66% of the global Bitcoin hash...
Chinese Central Bank Digital Currency Might Launch November 2019
The cryptocurrency sector met with an explosive wave of hope as the Chinese President Xi Jinping recently announced that the country will take a step...
Will China soon dominate the crypto market?
Only shortly after announcing its plans to become the world leader for blockchain technology, China dropped another bombshell stating that the country is home to...
China: Crypto Ban 2017 has Fueled the Adoption of Tether USDT
Based on research conducted by blockchain analysis company Chainalysis, over-the-counter (OTC) Bitcoin trading in China has ‘exploded’. Due to the China crypto ban two years...
Alipay Bitcoin Transaction Support Officially Denied
The CEO of mayor cryptocurrency exchange Binance recently announced that the platform introduced the support of fiat currencies through services such as Alibaba’s Alipay and...
Can Central Bank Digital Currencies Improve Monetary Policies?
Banks are certainly not sitting on the sidelines, especially as some central banks such as China’s PBoC are developing cryptocurrency projects since 2014. In an...
Binance Invests in Chinese Crypto Coin News Platform
While China is keen on releasing a bank-issued cryptocurrency that would challenge the eventual launch of Libra, the nation has a strict anti-crypto stance. As...
Facebook Libra Coin Representatives Met with 26 Central Banks
Since announcing its global project, the Facebook coin Libra has been met with unprecedented regulatory scrutiny. Despite some founding members already getting cold feet, the...