Chinese Users of KuCoin Exchange Forced to Close Their Accounts Till End of 2021
Mainland Chinese users of KuCoin will have to withdraw all their funds and close their accounts by the end of the year, said the exchange earlier today. This is a…
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The US Has No Intentions to Ban Bitcoin, Said Fed Chair Powell
While China continues with its hostile policy against the cryptocurrency industry with outright bans, the United States appears to take a significantly different and more open-minded approach. In the past…
Huobi’s Bitcoin Mining Pool Moves 100K BTC Following the Chinese Crackdown
After China recently banned all crypto-related activities in the country, crypto exchange Huobi Global had to limit mainland Chinese citizens from registering on the platform. As a consequence, the Huobi…
Chinese Crack Down on Crypto Intensifies: Over 10,000 Mining Rigs Confiscated in Inner Mongolia
The National Development and Reform Commission of the People’s Republic of China has seized 10,100 cryptocurrency mining rigs from a government-operated tech park in Inner Mongolia. The operation marked the…
China’s Long History of Bitcoin FUD: Timeline
Right from the very first year bitcoin came into existence, the Chinese government has gone after the primary cryptocurrency, hammering it with bans after bans while citing countless risks supposedly…
Trading and Mining Crackdown in China Escalates: Bitcoin Plunges $3K
The People’s Bank of China (PBoC) published a document reminding that digital assets are banned within the country and added that operating with exchanges will also be prohibited. As a…
Hebei is the latest China province to wield the crypto crackdown hammer
Authorities in the province say crypto mining is inimical to China's environmental conservation efforts.