Tag: china

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Chinese Officials Shut Down $50m Cryptocurrency Scam

Chinese government officials do not take kindly to Bitcoin traders. This is especially true when scamming other users through cryptocurrencies. Six individuals have been...

The Global Public Chain Assessment Index Ranks Cryptocurrencies and Blockchain Projects

The Chinese government has an interesting relationship with cryptocurrency. There is a lot of opposition, but also a genuine interest in this form of...

Taiwan Plans to Introduce Cryptocurrency Regulatory Framework, Aims to Prevent Money Laundering

Taiwan is planning to introduce a new cryptocurrency regulatory framework later this year as it follows similar measures taken by other neighbouring countries. Located in...

Chinese Police Confiscate 600 Bitcoin Mining Machines

Chinese police have reportedly confiscated 600 bitcoin mining machines following reports of irregular electricity usage. In the China city of Tianjin officials are continuing their crackdown...

Stealing Bitcoin in China can Lead to a Seven-year Jail Sentence

Stealing Bitcoin or any other form of money is always a problematic trend. It seems cryptocurrency can bring out the worst in people at...

Eurasian Association of Blockchain Plans to Sue Facebook, Google, Twitter, Yandex for Crypto Ad Ban

The fighting gloves have been put on as cryptocurrency and blockchain associations in Russia, China, and South Korea announce they are planning to launch...

Survey: 40 Percent of Young South Korean Adults Are Willing to Invest in Cryptocurrencies

A new survey has found that 40 percent of young adults in South Korea are willing to invest in cryptocurrencies, highlighting the frenzy the...

Ripple Aims to Expand in China Later This Year

Ripple is always looking to make an impact in new markets. So far, the company has seen great success throughout most of Asia. China...

IBM is Working on 400 Blockchain Projects with 63 Clients

IBM has said that it is working with 63 blockchain clients on 400 projects related to the technology as companies continually embrace the emerging...

Hong Kong Fintech Investment More than Doubled in 2017, Jumps to $545 Million

New research shows that fintech funding in Hong Kong more than doubled in 2017 compared to the previous year. Data from Accenture analysis of data from...

System Glitch at Japanese Crypto Exchange Mistakenly Gives Bitcoin Away for Free

Investors were able to briefly buy bitcoin for free at a Japanese cryptocurrency exchange after it suffered from a system glitch; however, none were...

Singapore’s Deputy Prime Minister: ‘No Strong Case to Ban Cryptocurrency Trading’

Singapore's deputy prime minister has said that there is 'no strong case to ban cryptocurrency trading' as they don't pose a risk to the...