Category: China
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Goldman Sachs Expects Digital Yuan to Reach 1B Users Within 10 Years
Goldman Sachs predicts China’s digital yuan will attract 1 billion users within a decade, helping China’s commercial banks compete with fintech companies.
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MyEtherWallet founder weighs in on the most crypto-friendly country
Crypto-friendly regulation may be in the eye of the beholder.
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First Mover: What China Crackdown Means for $18K Bitcoin as Dimon Passes on ‘Tea’
Fewer new bitcoin may be hitting the market because miners in China can’t sell their bitcoins due to a crackdown by their government.
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China’s Crypto Miners Struggle to Pay Power Bills as Regulators Clamp Down on OTC Desks
Miners in China have reportedly been struggling to pay for electricity after authorities started cracking down on OTC brokers in the country.
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$3 billion blockchain bond sale delayed ‘until further notice’
It is not currently clear when or if China Construction bank’s debt issuance sale will be rescheduled.
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Central bank digital currencies are dead in the water
CBDCs won’t fundamentally be changing anything — central banks still want to control your wealth and your money.
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China’s leadership in the Bitcoin mining industry will be challenged
China has a lot of advantages in the Bitcoin mining industry, though it won’t last forever, as more countries are entering the space.
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China’s BSN predicted as long-term global project, still ahead of others
The impact of China’s Blockchain Service Network may be limited, but the region’s national blockchain infrastructure continues to outpace other regions.
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Silence is not golden: OKEx still quiet as customers seek answers
The way OKEx has handled its nearly month-long withdrawal ban has left many of the company’s loyal customers confused and angry.
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$300M in Bitcoin Flow to Binance From Huobi as China Gets Tougher on Exchanges
The Chinese government cracks down on the crypto exchanges (again), but Binance has been benefiting.