Beijing Unveils Web3 Innovation and Development White Paper, Signaling Potential Shift in China’s Crypto Stance
Beijing has recently published a white paper titled “Web3 Innovation and Development” as part of its efforts to foster innovation…
Tag: China
Chinese Communist Party Newspaper Predicts Future Bitcoin Crash to Zero
The authorities of the country believe that sooner or later investors will lose confidence in cryptocurrency, and governments around the…
China is back among the leaders in bitcoin mining despite restrictions
China still accounts for more than 21% of the total global bitcoin network hashrate after the local government imposed a…
China Will Create A Tracking System For Crypto Transactions
The Central Bank of the People’s Republic of China believes that state bodies should strengthen supervision over the illegal circulation…
Alibaba To Stop Selling Mining Hardware
The Chinese company will prohibit the implementation of not only the devices for the extraction of cryptocurrency, but also educational…
Bitmain To Stop Selling Cryptocurrency Mining Equipment In China
The company will move production from China to other countries due to the ban on cryptocurrency transactions, which was introduced…
abandoning bitcoin could slow down the growth of the Chinese economy
According to Mike McGlone, bans in the PRC will positively affect the value of the first cryptocurrency and the US…
How events in China will affect mining?
Cryptocurrency mining companies have already begun to leave China due to the tough stance of local authorities regarding digital assets.…
China to test offline digital yuan payment for the first time.
The authorities of the city of Suzhou will distribute the national cryptocurrency, playing it among local residents. They will be…