Auto Added by WPeMatico

Binance to Cease Chinese Yuan Trades and Restrict Access for Users From China

In an attempt to comply with local regulations, Binance has announced it will stop servicing OTC deals involving the yuan for Chinese users as of December 31st, 2021. Shortly after…

Continue ReadingBinance to Cease Chinese Yuan Trades and Restrict Access for Users From China

US Inflation Expectations Highest Since 2013, Gas Prices Skyrocket, Supply Chains Buckle

Americans are still concerned about dealing with inflation, as the cost of goods and services has continued to rise significantly in a short period of time. The Federal Reserve has…

Continue ReadingUS Inflation Expectations Highest Since 2013, Gas Prices Skyrocket, Supply Chains Buckle

Bitmain Stops Shipping Bitcoin Mining Machines to Mainland China

Bitmain – one of the world’s largest manufacturers of bitcoin mining machines – revealed it would no longer deliver crypto mining rigs to mainland China addresses. However, the firm would…

Continue ReadingBitmain Stops Shipping Bitcoin Mining Machines to Mainland China

Bitmain Will Not Ship Crypto Mining Equipment to China

Mining hardware manufacturer Bitmain will no longer ship its products to mainland China. The move is in response to local regulations, the company explained. The announcement follows a prolonged crackdown…

Continue ReadingBitmain Will Not Ship Crypto Mining Equipment to China

More Than 20 Chinese Crypto Companies to Leave The Country Following The Local Ban

Over 20 Chinese digital asset-related businesses revealed they will halt their operations and withdraw from the local market as the country continues its hostile stance on anything crypto. The Effect…

Continue ReadingMore Than 20 Chinese Crypto Companies to Leave The Country Following The Local Ban