China


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Closing China's Bitcoin Exchanges Was the Right Move, Says PBoC Official

The vice governor of the People's Bank of China has said that regulators took the right decision in banning ICOs and closing cryptocurrency exchanges.

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China State TV: OTC Bitcoin Platforms May Violate Law

Commentary on China's state television suggests a ban on cryptocurrency trading platforms may extend further than startups originally thought.

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Chinese Power Provider Denies Bitcoin Mining Ban

A state-owned electric utility in China is rebuffing rumors that bitcoin mining has been deemed illegal by the government.

Gold dragon, China (CoinDesk)

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China's Bitcoin Exchanges Are Shifting Business Models

Following China's crackdown on trading against the yuan, some of the country's major bitcoin exchanges are now shifting to the OTC market.

Hong Kong

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Hong Kong, Singapore to Collaborate on DLT Trade Finance Platform

Hong Kong's banking authority has announced a new collaboration with Singapore aimed to digitize trade finance with distributed ledger technology.

Hong Kong. Credit: Shutterstock

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PBoC Digital Currency Director Calls for Centralized State Cryptocurrency

Head of cryptocurrency research at the People's Bank of China offered new critiques of bitcoin today, arguing it will never pass muster as a currency.

money, china

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China State News Calls for 'Iron Fist' Regulation of Bitcoin Exchanges

China's Xinhua News Agency has defended regulators' recent decision to outlaw token sales and the exchange closures that followed.

newspapers

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PBoC Advisor: 'China Was Right to Ban ICOs'

An advisor to China's central bank argued in a new op-ed that a recent move to crack down on initial coin offerings was the right course to take.

yuan, china

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Bitcoin Exchange BTCC Brings Chinese Trading to a Close

BTCC, an international cryptocurrency exchange with headquarters in China, has announced it has ceased all domestic trading activities.

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Bitcoin Exchange BTCC Sets Deadline for Yuan Withdrawals

China's oldest bitcoin exchange has released new details on how it will end yuan trading following a crackdown by the domestic government.

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