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China
Why China’s Crypto Mining Ban Is More Serious Than Before
Industry leaders say China's carbon neutrality policy is a key factor in the recent mining crackdowns, according to CoinDesk's David Pan. "The Hash" hosts discuss the deeper motivations for China's ban on crypto mining. "Fear factor definitely has a play in how hard they're clamping down on [mining]," host Naomi Brockwell said.
OK Group to Work With Nanjing Police on Anti-Money Laundering Blockchain
Despite a crackdown on crypto mining, Chinese authorities are still bullish on blockchain technology.
Crypto Long & Short: A Bear Market Doesn’t Spell Doom
Plus: China’s Bitcoin crackdown, and why bitcoin isn’t a “boomer coin.”
Signs of BTC Hashrate Stabilizing?
CoinDesk's Christie Harkin discusses the potential signs indicating bitcoin's hashrate is stabilizing, amid speculation the worst fallout from China's recent mining crackdown might be over. Plus, the latest update on bitcoin's Taproot activation. "More than a quarter of bitcoin nodes have upgraded to the new protocol, and that's a big deal," Harkin said.
Why China's Ban on Crypto Mining Is More Serious Than Before
Crypto mining is a small yet easy target for China’s efforts to realize carbon neutrality.
Market Wrap: Bitcoin Sells Off as Regulatory Concerns Resurface
“We expect volatility to remain under pressure until mid [to] late August,” said one trading firm.
An Alternative Theory for China's Tech Crackdown
China's leaders say it's about all cybersecurity, but some observers see financial control as the larger goal.
Could Taiwan Become Asia’s Next Crypto Capital?
As crypto miners in China migrate elsewhere, some suggest Taiwan could be their next top destination. "The Hash" panel discusses the possibility of Taiwan emerging as the new digital asset haven of Asia.
USDC Backer Circle to Go Public in SPAC Deal
Amid much debate on the outlook for stablecoin regulation, Jeremy Allaire’s Circle, which issues stablecoin USD coin (USDC), is going public in a special purpose acquisition company (SPAC) deal. “Circle has a huge opportunity to provide more transparency than any other stablecoin issuer,” CoinDesk’s Nikhilesh De said.
Penalties for Kimchi Premium Abusers, Digital Yuan on Trial Again
Kimchi premium becomes kimchi penalty. Chengdu holds China’s latest digital yuan trial. Taiwan’s Lootex uses NFTs to preserve cultural history. More on these stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."