Materials by tag China

Apr 12, 2019 at 13:16
Potential Scenarios in China’s Bitcoin Mining Ban
China, the world’s biggest market for computer hardware produced to mine Bitcoin and other major cryptocurrencies, recently banned crypto mining activities, with the aim of combating the increasing pressure on the government from the crypto sector. The move - China’s Bitcoin (BTC) and cryptocurrency mining ban – poses some potential scenarios.
Apr 11, 2019 at 13:34
Bitcoin & Crypto Ban Might Send BTC Price Higher
The Bitcoin, initial coin offering (ICO) and cryptocurrency mining ban in China will send the asset’s price higher, according to the senior market analyst at eToro Mati Greenspan:
Apr 10, 2019 at 17:16
China Bans Bitcoin & Cryptocurrency Mining
The People’s Republic of China, the world’s largest market for computer hardware created to mine Bitcoin (BTC), has totally banned crypto mining in the country in order to stop the growing pressure on government from the cryptocurrency industry. No time limit for the ban has been set.
Apr 01, 2019 at 16:57
China Supports Blockchain Tech but not Cryptocurrency
China’s attitude on distributed ledger technology (DLT) is in agreement with global policy trends. The country embraces blockchain technology but not cryptocurrency, according to the BITBLOCK monthly research report on “Chinese Blockchain Policy.”
Feb 26, 2019 at 20:00
10% p.a. in Savings Accounts in Offshore Banks Aidos Kuneen
A few days ago, the media reported a thousand frozen accounts of Chinese citizens by the Spanish BBVA bank. In today's world, offshore banking is widely used by people around the world and is a good alternative if a man does not want to rely only on the situation in the resident country. Many people use offshore accounts to reduce political risk in their own country. The size of the offshore market is around 32 trillion dollars.
Feb 22, 2019 at 16:48
Bank of Japan Delves into Central Bank Cryptocurrency
The Bank of Japan released a new report that examines the concept and role of digital currencies in the general monetary system.
Jan 22, 2019 at 16:18
2019 World Economic Anxiety to Increase Bitcoin Demand, Price & Adoption
The latest reports show that the year 2019 will see major financial anxiety. For example, the U.S economy is anticipated to slow in 2019 and is likely to face a recession next year. Similarly, China appears to have also registered an economic slow-down within the past few months. We can’t also put aside the brewing trade war between China and U.S.
Jan 15, 2019 at 16:26
China Denotes New Regulations for Blockchain Firms, Comes into Force on Feb 15
China has launched new regulations designed to promote the ‘healthy development’ of distributed ledger technology (DLT). The CAC denoted new regulations on Thursday, January 10, 2018. Nevertheless, the new law also gives the right to the Cyberspace Administration of China (CAC) to superintend node operators and to request private information (info).
Jan 13, 2019 at 16:43
China Merchants Bank Stretches Blockchain Tech e-Invoices to Funds & Consumer Finance
One of the top commercial banking institutions in China is expanding its use of distributed ledger technology (DLT)-based tax invoices.
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