All news related to the category "China"
The head of the Iterative Capital Management fund, Leo Zhang believes that the public offering of shares of the mining giant Canaan is not much significant for the cryptocurrency market as a whole. He stated this in a podcast of The Scoop for TheBlock news edition.
Despite a number of reports of inspections and arrests, China is still loyal to cryptocurrencies. The country has developed a differentiated approach to evaluating companies in this industry, aimed to fight scam, fraud and money laundering.
The Chinese authorities blocked access to the etherscan.io service, which used to allow tracking statistics on transactions on the Ethereum network, as became known on December 3. Since now Chinese cryptocurrency users can access the site only via VPN.
Hangzhou held a grand event, dedicated to the successful Canaan mining company`s IPO. The key event of the ceremony was rewarding the best hashraters of 2019. Representatives of companies that together provide almost 70% of the daily Bitcoin hashrate received awards.
Huobi Cryptocurrency Exchange became one of the first representatives of the BSN conglomerate, organized by the China State Information Center (SIC).
Two Chinese giants - Alibaba (1st place) and OneConnect (2nd place) appeared first to get blockchain technology patents. Both companies fought for leadership in this area all year long and have made great progress.
The former head of the People’s Bank of China said that the main task of crypto yuan will be to ensure the convenience of retail payments.
China has started the search for companies engaged in illegal activities with cryptocurrencies. In October China passed a law on the regulation of cryptocurrency. The first news about preparing for its launch came from Shenzhen.