China’s banking and insurance regulator has published a statement alerting investors against companies using the Metaverse for illegal fundraising. China’s banking and insurance regulator is trying to crack down on …
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Over $300,000 worth of digital yuan used daily at the Olympic Games
Everyday transactions with China’s digital currency during the Beijing Olympic Games account for around 2 million yuan (approximately $315,000), a top official at the nation’s central bank said. He further …
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The Chinese Center for Disease Control and Prevention proposes a blockchain & 5G-based solution to global vaccine tracking
In light of the increased number of COVID-19 cases and global vaccine coverage, mandatory “vaccination passports” for international travel may be imposed as the global economy looks to recover. Notably, …
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East China’s Zhejiang province busts dozens of state-owned entities for mining cryptocurrency
An internet authority in East China’s Zhejiang province has identified in July 4,699 IP addresses in the province that were involved with cryptocurrency mining, and among them 183 addresses were …
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The Bitcoin network hash rate is near complete recovery from China’s ban & close to a new ATM
The Bitcoin hash rate has showcased deep resiliency since the Chinese bitcoin mining ban, having climbed over 80% in five months to get close to its previous highs. When the …
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China-based Bitmain is set to launch a new Bitcoin miner with a touted hash power of 150 TH/s
China-based Bitmain, the world’s largest Bitcoin mining equipment manufacturer, is set to launch a new, more efficient Bitcoin miner, a source familiar with the matter told The Block. The miner …
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China’s cryptocurrency investors get creative to bypass domestic trading ban
China may be cracking down on cryptocurrency activities with all its might, throwing thunder and lightning down from above, but some crypto users on the ground are finding creative cover and new …
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McDonald’s China will give away 188 “Big Mac Rubik’s Cube” NFTs on 31st anniversary
Fast-food giant McDonald’s China released a set of 188 nonfungible tokens (NFT) on Oct. 8 to celebrate its 31st anniversary in the Chinese market. Branded as “Big Mac Rubik’s Cube,” …
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Gary Gensler: “The SEC has no plans to follow China and ban Bitcoin”
Speaking at the House Financial Services Committee hearing on Oct. 5, the SEC chief stated that the agency has no plans to follow China’s lead and impose an outright ban …
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Famous whistleblower Edward Snowden: “China’s ban made Bitcoin even stronger”
The popular whistleblower Edward Snowden has joined the list of people believing that the Chinese ban on Bitcoin will actually benefit the cryptocurrency. He also recently wrote about BTC’s price, …
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