Tag Archives: Chinas

Meet CZ, China’s cryptocurrency king

Changpeng Zhao, known as CZ in the cyberworld, has featured on the cover of the latest issue of Forbes magazine. The 41-year-old is far from well-known, given that less than a year ago he was still a middle class Chinese. Zhao founded the crypto-exchange Binance in July last year. And his personal wealth zoomed to […]

China’s Central Bank Email Hacked, Message Claims Cryptocurrency Ban

February 8, 2018 12:32 AM An email from People’s Bank of China’s domain made false claims of a cryptocurrency ban in mainland China and Hong Kong. In an apparent security breach, an email address ending in @pbc.gov.cn circulated a message to some US media entities disclosing joint regulatory measures soon to be imposed by the […]

Bitcoin Dips Below $7k Amidst News of China’s Full Ban… | News

Bitcoin (BTC) hit a new multi-month low on Monday, Feb. 5, dropping below $7,000 for the first time since the middle of November 2017. According to Cointelegraph’s price index, BTC reached as low as $ 6,661.51 on Monday, losing at least 11 percent of value in the 24 hours to press time, and about 60 […]

The Latest Victim of China’s Great Firewall: Cryptocurrency Websites

Feb. 5, 2018 7:13 a.m. ET BEIJING—Chinese authorities plan to block websites related to cryptocurrency trading and fundraising, state media reported, in the latest move to tighten controls over what Beijing deems as risky investments. Regulators are planning “a list of measures” aimed at cryptocurrency trading, including “dealing with domestic and international websites,” according to […]

China’s Cheetah Mobile Launches Cryptocurrency Wallet

Chinese mobile app company Cheetah Mobile has announced its entry into the world of cryptocurrency wallets. Launching its new SafeWallet, the firm says the so-far Android-only wallet app is designed to be user-friendly, allowing customers to easily manage their cryptocurrency assets. An iOS version is slated to follow soon. With SafeWallet users can send and […]

How China’s cryptocurrency exchange ban affected BTCC

BTCC founder and CEO Bobby Lee. Matteo Giachetti Photography China banned bitcoin exchanges at the end of 2017. BTCC was one of the largest operators in the country and CEO said it had “a huge effect on revenues.” BTCC has now pivoted to bitcoin mining and a mobile wallet product. LONDON — The CEO of […]

China’s Central Television Warns of the Risks of Cryptocurrency OTC Trade

Regulation Ever felt curious how Chinese trade cryptocurrency exchanges are closed? Last Saturday November 11, China’s Central Television (CCTV-13) aired a program about bitcoin over the counter trading in the country. Also Read: China Monitors Booming OTC Bitcoin Market After Shutting Down Exchanges OTC Bitcoin Commercials Clustering Wechat Groups The program reveals that […]

China’s bitcoin crackdown has helped Japan embrace the cryptocurrency movement

Dan Kitwood | Getty Images A visual representation of the digital Cryptocurrency, Bitcoin on October 24, 2017 in London, England. Mai Fujimoto, known as Miss Bitcoin in Japan, has become a type of “crypto evangelist,” blogging and tweeting about all things bitcoin. She said that although regulations built trust in the currency, bitcoin won’t be […]

Chinese (Simplified)EnglishJapaneseKorean