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 …
MoreThe 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, …
MoreThe 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 …
MoreChina’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 …
MoreMcDonald’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,” …
MoreFamous 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, …
More“The exact opposite of China” – why recent crypto-FUD is an opportunity for the US
China’s declaration on crypto-transactions being illegal fueled a sell-off of Bitcoin, Ethereum, and other digital assets. However, this came as a surprise to absolutely no one. As expected, headlines such as “this is a big …
MoreElon Musk on why China hates Bitcoin, why the government can’t destroy cryptocurrency
While CEO of Tesla and SpaceX Elon Musk has been quite vocal about cryptocurrencies in the past, especially on Twitter, he has observably not been too involved in the industry recently. Observers …
More“Very bullish”: China’s cryptocurrency ban could be a boon for Bitcoin’s security
Great American Mining co-founder Marty Bent has opined that Chinese mining giant Bitmain moving its manufacturing operations from China to other countries would be “extremely bullish” for the largest cryptocurrency. Bent believes …
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