China


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Samsung Is Now Building Bitcoin Mining Chips, Report Says

Samsung is manufacturing bitcoin mining chips in partnership with an unidentified Chinese firm, according to an Asian news report.

samsung pic

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Bitcoin Exchange BTCC Just Got Acquired

Bitcoin services startup BTCC said it's been acquired by a Hong Kong-based blockchain investment fund. It did not name the buyer or reveal the price.

Hong Kong

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Chinese Finance Association Cautions on Overseas ICOs

China's National Internet Finance Association, a self-regulatory group, has warned against participating in overseas ICOs and cryptocurrency trading.

chinese currency

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China's Banking Regulator Pushes Blockchain Adoption for Credit Market

China's banking regulator, the CBRC, thinks the country should double down on its adoption on blockchain technology to improve the credit market.

Chinese Flag

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China Moves to Crack Down on Digital Currency Pyramid Schemes

China's public security ministry says it will take aim at pyramid schemes in the country, including those that purportedly involve cryptocurrencies.

yuan, china

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PBoC Reportedly Orders Payment Services to Stop Serving Crypto Traders

The PBoC's Beijing division has reportedly issued a document requiring payment services to stop facilitating crypto trading activities.

pboc

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PBoC Official Calls for Wider Ban on Chinese Crypto Trading: Report

The vice governor of China's central bank is reportedly seeking a wider ban on services related to cryptocurrency trading in the country.

People’s Bank of China

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Bitmain Reportedly Eyeing Canada for Bitcoin Mining Expansion

After announcing a Swiss branch, Chinese bitcoin mining giant Bitmain is reportedly looking at a second expansion into Quebec.

dam

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China's Internet Finance Association Warns on 'Initial Miner Offerings'

The National Internet Association of China warned against "initial miner offerings," referring to them as "disguised ICOs" on Friday.

Row of Gridseed litecoin miners set up. Copyright: Arina P Habich

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Search Giant Baidu Launches Blockchain-as-a-Service Platform

Chinese web search giant Baidu has launched its own blockchain-as-a-service (BaaS) platform based on its own technology.

Baidu HQ