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China
Genesis Digital Assets Purchases Additional 10,000 Mining Machines From Canaan
The order is to be completed by the end of the month.
China Starts Testing Digital Yuan for Salary Payments
China’s Xiong’an New Area, a district located approximately 60 miles southwest of Beijing and a testing ground for new economic ideas, will start allowing digital yuan for wage payments. “The Hash” team unpacks China’s ongoing pilot programs around the digital yuan and their possible impact on the global central bank digital currencies (CBDCs) markets.
Yunnan Mining Ban Clarified; Korean Exchanges Start ‘Coin Thinning’
Authorities clarify details on Yunnan mining regulation. Bitcoin mining difficulty hits the lowest level this year. Korean exchanges warn investors of caution over some cryptocurrencies. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
China’s Xiong’an New Area Begins Using Digital Yuan for Salary Payments
The country is testing the currency in different pilots.
Week in Review: El Salvador's Currency Law and International Ramifications, U.S. Lawmakers Put Bitcoin on Trial, China's BTC Mining Crackdowns and More
Taking a look at this past week's stories making waves in the cryptocurrency space: El Salvador adopting bitcoin as legal tender, the IMF's cautious warning, and various U.S. lawmakers questioning bitcoin's volatility. Plus, an update on China's bitcoin mining crackdowns.
Chinese Province Cracks Down on Unauthorized (Not All) Bitcoin Mining
The Yunnan Energy Bureau stopped short of an all-out crypto mining ban.
Corrected: Yunnan Province Did Not Order Crypto Miners to Shut Down
The source for the original report appears to have been a counterfeit.
Cryptocurrency’s Environmental Concern
Argo Blockchain CEO Peter Wall addresses bitcoin's growing energy problem in light of recent developments around El Salvador exploring volcano-powered bitcoin mining and China's continued crackdowns on bitcoin mining operations. Plus, his comments on Argo's recent stock performance and outlook.
Bitcoin Price Rises Above $37K. What's Next?
The price of bitcoin has risen above $37,000 amid bullish news from El Salvador adopting bitcoin as legal tender and bearish news from China cracking down on more mining operations. Lindsay Joo of BitBull Capital shares her analysis of the possible factors impacting BTC's price and where we go from here. Plus, altcoins of interest to Joo and the inflation impact on crypto markets.
Bitcoin Hot in Singapore; China Widens Crypto Mining Bans
Bitcoin as legal tender a hot topic in Singapore. China bans crypto mining in Changji city and Qinghai province, and over 1,000 arrested in China on crypto-related money laundering charges. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”