Tag: china
Chinese Cryptocurrency Traders Show an Increasing Appetite for Litecoin
It looks as if Litecoin is making a lot of headway in China right now. The vast majority of trading volume is originating from Chinese…
PBoC Wants Chinese Bitcoin Exchanges To Verify All Users’ Identitites
It is anything but surprising to learn China continues to scrutinize bitcoin users. Despite the PBoC doing everything possible to ensure bitcoin becomes more legitimate…
Chinese Bitcoin Exchanges Must Halt Margin Trading, Bitcoin Lending, And Futures Contracts
The People’s Bank of China has intervened in the bitcoin world over these past few weeks. To be more precise, the central bank wants to…
Chinese Police Arrest Teenager Responsible for Bitcoin Ransomware Attack
Hackers often target government-related websites to drive a point home. In China, a government website was breached in February of 2017, although no one knew…
LocalBitcoins Trading Volume Reaches All-time High in China and Europe
Bitcoin adoption continues to thrive in the areas one would somewhat expect it. Based on the recent LocalBitcoins chart, is it evident China is still…
PBoC Hastily Confirms RMBCoin Plans As Bitcoin Reaches New All-time High Value
Ever since bitcoin’s price set a new all-time high, people have been wondering what news would be spread to push the value down again. As…
China Is Slowly Being Left Behind in the Bitcoin Price Race
The bitcoin price is involving in an interesting direction right now. Whereas China used to dictate the global bitcoin price for quite some time, things…
Is The PBOC Using Bitcoin Exchanges To Catch People Who Violate Capital Flight Restrictions?
The recent actions by the People’s Bank of China raise a lot of questions among bitcoin community members. Some people even feel the PBOC is…
China’s Fintech Industry Attracted Over Half of 2016 VC Investments
The fintech industry in China continues to attract significant amounts of foreign investment. Particularly the year 2016 has been quite positive for fintech in China,…
