Tag: china
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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…
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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,…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
