Tag Archives: china

How Chinese Bitcoin Buyers Are Getting Around Government Ban

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How Chinese Bitcoin Buyers Are Getting Around Government Ban Chinese citizens are still investing in Bitcoin and the cryptocurrency market despite the government’s heavy crackdown. In September 2017, Chinese cryptocurrency exchanges BTCC China, Huobi and OKCoin were ordered by the government to shut down their businesses. At one point, executives of the three cryptocurrency exchanges … Continue reading How Chinese Bitcoin Buyers Are Getting Around Government Ban →

Vietnam Becomes the Latest to Ban Bitcoin, but in China, the Rules May Be Changing

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Vietnam Becomes the Latest to Ban Bitcoin, but in China, the Rules May Be Changing Vietnam became the latest nation state to launch an attack on cryptocurrency, as regulators sided with the alarmists without providing much of a rationale. Vietnam Issues Ban The ban, which applies to all cryptocurrencies not deemed legal tender, was issued … Continue reading Vietnam Becomes the Latest to Ban Bitcoin, but in China, the Rules May Be Changing →

Global Regulators Play Bitcoin Whack-a-Mole as Demand Explodes

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Global Regulators Play Bitcoin Whack-a-Mole as Demand Explodes Evading government control a central feature of bitcoin Efforts to regulate digital currencies stymie authorities Banks Respond to Growing Interest in Cryptocurrencies Regulators worldwide are finding that it’s incredibly hard to control the explosive growth of money tied to no nation. Russian President Vladimir Putin is the … Continue reading Global Regulators Play Bitcoin Whack-a-Mole as Demand Explodes →

Chinese money dominates bitcoin, now its companies are gunning for blockchain tech

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Chinese money dominates bitcoin, now its companies are gunning for blockchain tech Beijing, China It’s a sweltering summer night when I’m invited to join a bitcoin miner from Shenzhen at a “bitcoin club” somewhere in downtown Beijing. I’ve just returned from visiting one of the world’s largest bitcoin mines and find myself at a gathering … Continue reading Chinese money dominates bitcoin, now its companies are gunning for blockchain tech →

Is China Waking up to Ethereum

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Is China Waking up to Ethereum On May 27, Huobi, one of the three leading bitcoin exchanges in China alongside BTCC and OKCoin, officially integrated support for Ethereum trading. The Huobi development team announced that users will be able to trade Ethereum starting from May 31. In its announcement, Huobi revealed that the company has … Continue reading Is China Waking up to Ethereum →