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Polychain and a Chinese Bank Are Betting Millions on This Token Sale
8.10.2019
Investing in a token offering for the Nervos Network could help China Merchants Bank International tap into the DeFi ecosystem
Chinese Bitcoin Investor: CNH Tether Avoids USDT Regulatory Risk
2.10.2019
Bitcoin investor Zhao Dong speaks about Tether’s yuan-backed stablecoin and crypto investing in China
Video Shows $10M Chinese Bitcoin Mining Farm in Flames
1.10.2019
During the early morning hours of September 30, a nine-minute video circulated on Twitter showing a large bitcoin mining farm burning down. Sources say the mining farm belonged to the company Innosilicon and roughly $10 million worth of mining rigs were destroyed. Also Read: Central Banks in Panic...
Bithumb Acquisition Deal ‘Off’ as Chinese, American Investors Close in
30.9.2019
South Korean cryptocurrency exchange Bithumb is likely to end up “in Chinese or American hands” with the company that had agreed to buy the exchange expected to default on payment.
As previously reported, South Korean-owned, Singapore-based BK Consortium last October agreed to pay some USD...
Despite Lower Prices, Bitcoin’s Hashrate Remains Strong
26.9.2019
People watching cryptocurrency markets have been patiently waiting for prices to rise and the overall sentiment to change. However, one thing that’s been extremely bullish these days is how BTC’s hashrate has doubled in the last three months. Even with today’s sluggish crypto...
Chinese Homecoming — Crypto Companies Make Their Way Back to Asia
25.9.2019
After leaving China in 2017, Binance recently made its first major investment in the country by backing a local crypto/blockchain media outlet called Mars Finance
Iraq in Discussions with Chinese State-Owned Investment Company for Project Financing
24.9.2019
Over the course of the past decade and a half, Iraq has been ravaged by war and terrorism. The unrest in the country has led to a rapidly declining economy and in turn, a total collapse of the infrastructure in the country. The country has pretty much collapsed amidst the turmoil, and it needs...
Chinese Crypto Czar: Facebook-Led Libra ‘Might Be Unstoppable’
19.9.2019
China’s cryptocurrency czar believes that the world powers do not welcome Facebook’s Libra, but the stablecoin’s advance might now be unstoppable
Binance to Launch Fiat-to-Crypto OTC for Chinese Yuan in October
19.9.2019
Binance confirms plans to roll out its over-the-counter trading platform for Chinese yuan in October
Binance to Launch Over-The-Counter Trading to Retain the Chinese Market
19.9.2019
Binance Crypto Exchange has plans to add over-the-counter (OTC) trading to its platform to retain competition in the Chinese market and is all set to deploy more time and resources to the project. The biggest cryptocurrency exchange in the market by ‘adjusted trading volume’ will...
Changes Afoot for Philippine Crypto-Friendly Economic Zone
19.9.2019
The special economic zone in the Philippines known for its crypto friendliness is undergoing some changes. Government-owned Cagayan Economic Zone Authority (Ceza) is investigating a case involving one of its licensed crypto exchanges after a tip from the Chinese government. The authority has also...
Bobby Lee: Chinese Always Saw Bitcoin as Investment, Not for Payments
18.9.2019
Bobby Lee, co-founder and ex-CEO of China's first crypto exchange BTCC, says the Chinese have always seen Bitcoin as an investment rather than as a payment system
Binance Makes First Chinese Investment Since Leaving Country in 2017
17.9.2019
Binance makes its first strategic Chinese investment by participating in a $200 million funding round in crypto publication Mars Finance
Binance Makes Strategic Investment in Chinese Crypto Media Firm
17.9.2019
Cryptocurrency exchange Binance has made an undisclosed investment in Chinese media and data source Mars Finance
Chinese Authorities Plan Crackdown on Crypto Mining in Inner Mongolia
14.9.2019
Chinese regulators look to new regulation for crypto mining in Inner Mongolia
Crypto Facilitates Money Transfer for Restricted China
14.9.2019
Crypto is not illegal in China, but it is illegal for banks and financial institutions to deal in crypto. It’s also illegal to send or receive over $50,000 in fiat money without government permission. Restrictive banking regulations, international trade wars, and a surveillance state in...
Chinese Police Reportedly Close Office of ICO Startup
11.9.2019
Offices of Chinese initial coin offering startup GXChain have reportedly been closed by local police
Tether Launches New Stablecoin Pegged to Offshore Chinese Yuan
9.9.2019
Tether announced that is launching a new stablecoin pegged to the offshore Chinese yuan
Tether Launches Chinese Yuan-Pegged Stablecoin on the Ethereum Blockchain
9.9.2019
Tether has launched its Chinese yuan-backed stablecoin, which it revealed will run on the ethereum blockchain as an ERC-20 token
Bullish Trend in the Crypto is Continued, Tether All Set to Launch Chinese Version of Stable Coin
8.9.2019
According to reports, Tether Holdings, the firm that issues Tether, is planning to launch a Chinese version of the stable coin called CNHT. Amidst the shoot up in demands in recent months, especially from China, the firm has decided to do so. Additionally, Tether Holdings has also set to launch...