Tag: china
Chinese Police Arrest Man for $15 Million Bitcoin Mining Machine Fraud
A man in China has been arrested for reportedly conning $15 million worth out of 50 investors after claiming he had a reliable supply of…
Chinese Police Confiscate 200 Computers Used to Mine Cryptocurrencies
Chinese police have seized more than 200 computers used to mine cryptocurrencies after a man was alleged to have attempted to cheat the electricity company…
Bitcoin Is Controlled by China, Claims Ripple CEO
Ripple’s CEO has made a bold, and what he believes is underreported, claim about Bitcoin, while speaking at a conference in Boston. Brad Garlinghouse: ‘Bitcoin…
Tencent to Use the Blockchain to Help China’s Taxman Authenticate Invoices
Tencent Holdings is turning to the blockchain technology to help the Chinese city of Shenzhen fight fake invoices and prevent businesses from taking advantage of tax…
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 arrested…
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 money.…
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 times.…
