Tag: china
Chinese Media Outlet Claims BTCC Operates In “Risky” Manner
It appears the PBOC investigation of the Chinese Bitcoin exchange BTCC is coming up with some unexpected results.After cracking down on margin trading, it appears…
Chinese Investors Grow Concerned Over Potential New Bitcoin Regulation
Anyone looking to get involved in Bitcoin is anxiously awaiting what the Chinese markets will do in the coming days. Several billion yuan worth of…
BTCC Sets New All-Time High For Bitcoin Amid Bullish Trend
It appears the bullish Bitcoin price trend is far from over. BTCC, the oldest and largest Chinese Bitcoin exchanges, set a new all-time high earlier…
Think Tank Proposes Another One-Off Devaluation of The Chinese Yuan
China’s economy is of great concern to financial experts all over the world right now. With the economic growth expected to slow in 2017, and…
China’s Appetite For Bitcoin Seems Insatiable
China continues to show an increasing demand for bitcoin and cryptocurrency right now. Since the market opened today, the price per BTC has continued its…
Demand For US Dollars Causes Chinese Black Market FX Trades To Surge In Popularity
The Chinese black market is thriving in recent days, most notably in the foreign currency exchange sector. Changing currencies is a quick way to start…
PBOC Looks to Hire Blockchain Engineers To Develop National Digital Currency
It is not the first time rumors circulate regarding China planning to issue their own digital currency in the future. A recent statement by the…
China Sacks Finance Minister Amid Bitcoin Regulation Rumors
Big changes are coming the China’s financial ecosystem. A top official has been removed from his seat of power effective immediately. Interestingly enough, the finance…
Bitcoin Breaks US$700 in Asian Markets; $800 Imminent
The price of bitcoin has continued to surge since early morning, opening at around US$674 and surpassing the US$685 mark on most major bitcoin exchanges.…
