China News
UNI Token Leads DEX Gains Amid China Exchange Ban, Up Nearly 50% in 24 Hours
Huge interest is flowing into the decentralised market, much of it from local investors following the intense crackdown on the Chinese crypt...
Crypto Market Rocked by China Ban, But This is Nothing New
On Friday, September 24, the People’s Bank of China (PBOC) issued a notice effectively banning a host of crypto-related activities, in...
Huobi and OKEx Exchanges Dissolve China Entities, Moving Overseas
Amid rising regulatory pressure in China, major cryptocurrency exchanges Huobi and OKEx have decided to discontinue their entities based in ...
Chinese Internet Giant Supports Real Estate NFTs in its Entrepreneur Festival
Alibaba’s e-commerce platform Taobao is unveiling its self-proclaimed “socialist cyberpunk” housing digital collection as ...
It’s Official – Chinese CBDC Will Be Controlled by Smart Contracts
The People’s Bank of China (PBoC) has issued a whitepaper outlining the progress of China’s CBDC, formally called e-CNY. The doc...
Censorship Freedom: Hong Kong Newspaper Launches on the Blockchain Using DeFi Protocols
Hong Kong activists are scurrying to preserve the back catalogue of pro-democracy newspaper the Apple Daily by uploading thousands of articl...
Chinese Mining Businesses Migrate to Kazakhstan Amid the Crypto Crackdown
Canaan, a major ASIC miner manufacturer, and BTC.com, the fifth-largest Bitcoin miner group, are moving into China’s backyard, with pa...
Why China Closing Bitcoin Mining Operations is a Good Thing
Various factors have been impacting Bitcoin, some of which are due to the ripple effects caused by negative press, heavy regulation, and ban...
Nvidia GPU Prices in China Fall Amid Bitcoin Mining Crackdown
Nvidia graphic card prices in China have fallen as much as two-thirds on Chinese e-commerce websites following the government’s crackd...
Sichuan Officials Order Shutdown of Crypto Mining Facilities
According to Chinese media reports, the government of Ya’an – a city in the Sichuan region – has started shutting down crypto mining o...
China’s Xiong’an Region To Pay Salaries in Digital Yuan CBDC
Following last year’s CBDC tests – including free digital stablecoin “red envelopes” handed out to residents – China is continuing...
Market FUD Again As Chinese Social Media Blocks Crypto Content
As concerns continue to build about the repression of cryptocurrencies in China, the tolls are visible in the market as crypto opinion leade...