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China

Top Chinese Bank Bans Access to Crypto, Issues Stern Warning To Rule Breakers

China’s third-largest bank, the Agricultural Bank of China, has announced it is cracking down on cryptocurrency transactions. Agricultural Bank of…

June 22, 2021

Mastercard in Talks With China’s Central Bank in Push To Support Digital Yuan: Report

Mastercard is reportedly negotiating with China’s central bank to support cross-border use of the digital yuan. According to SCMP, the…

May 7, 2021

Chinese Crypto Exchange Paralyzed After Suffering Serious Cyber Attack

Hotbit is temporarily shutting down following a cyber attack that paralyzed a number of its central services.  In a statement,…

May 2, 2021

Here’s When Bitcoin’s Bull Run May Expire, According to One of China’s Biggest Crypto Miners

The CEO of one of China’s largest Bitcoin mining companies says his firm is using a variety of models to…

March 26, 2021

Alibaba’s Fintech Giant Ant Group Joins China’s Push To Launch Digital Yuan

MYbank, a subsidiary of Alibaba’s payment giant Ant Group, is reportedly now aiding China in its effort to develop a…

March 1, 2021

Tracy Jiang Reveals Inside Look at State of Bitcoin and Crypto in China

The customer ambassador to China for the mobile-powered Bitcoin refilling service Bitrefill is giving the inside scoop on China’s adoption…

November 28, 2020

China’s President Urges World Leaders to Support Central Bank Digital Currencies

President of the People's Republic of China, Xi Jinping, is urging G20 nations to support the emergence of central bank…

November 22, 2020

10 Crypto Assets Are Better Than Bitcoin, Says China’s Center for Information and Industry Development

China's Center for Information and Industry Development (CCID) has released its latest crypto rankings report. The agency periodically judges the…

November 18, 2020

McDonald’s, Starbucks and Subway Deny Testing China’s New Digital Currency: Report

The American food and beverage chains McDonald’s, Starbucks and Subway have not participated in the ongoing field test of China’s…

October 15, 2020

Governor of the People’s Bank of China Confirms Completion of Critical Advancements of the Digital Yuan

The People's Bank of China has not yet announced an official release date for its upcoming digital yuan but leaked…

May 30, 2020