The debt crisis engulfing China Evergrande Group has begun to dent homebuyer sentiment and force developers to cut prices, signalling deeper consequences for the world’s No.2 economy and a …
Monthly Archives For September 2021
Evergrande buyers protected by Beijing as China property crisis deepens
Creditors fall behind homeowners in race to retrieve funds from property developer drowning in $300bn of debt as fears of collapse mount …
China declares all cryptocurrency transactions illegal
China’s central bank has declared all transactions involving Bitcoin and other virtual currencies illegal, stepping up a campaign to block use of unofficial digital money …
China’s central bank declares all crypto-related transactions illegal
China’s central bank on Friday declared all transactions involving Bitcoin and other virtual currencies illegal, stepping up a campaign to block use of unofficial digital money. Chinese banks were …
China says all cryptocurrency-related transactions are illegal
China’s central bank said on Friday that all cryptocurrency-related transactions are illegal in the country, citing concerns around national security and social stability. The world’s most populated …
China Bans Crypto Transactions, Vows to Stop Illegal Mining
Most Read from BloombergSchool Reopenings Falter as U.S. Kids Near 1 Million Covid CasesA Jewish Tradition Makes Room for Unconventional DesignIstanbul Turns Taps on Old Fountains, Joining Global Push …
China’s central bank declares all crypto transactions as illegal
China’s Central Bank declared all cryptocurrency-related transactions illegal on Friday, in an intensification of the country’s crackdown of the industry, which it says breeds illegal and criminal …
Bitcoin price drops after People’s Bank of China declares all crypto illegal
Cryptocurrencies sunk today after the People’s Bank of China signalled it was stepping up the country’s crackdown on the market. China’s central bank said all forms of cryptocurrency transactions were …
China declares all crypto-related transactions illegal and forbids overseas exchanges from serving its citizens
All cryptocurrencies ‘are not legal and should not and cannot be used as currency in the market,’ China’s central bank said.
China Aiding Myanmar Armed Groups in Their COVID-19 Fight
Earlier this week, the news agency AFP carried an interesting report detailing the Chinese government’s support to Myanmar’s ethnic armed organizations and rebel groups. According to the report, …
What Sports Teams Have Taught Scientists About Covid-19
Throughout the pandemic, professional sports leagues like the NFL and NBA have generated rich data that has helped scientists better understand Covid-19. Now, w …
Shandong Kaisheng New Materials’s IPO to debut on Shenzhen Stock Exchange
Shandong Kaisheng New Materials (301069) to start trading on the Shenzhen ChiNext Market Sep 27, next Monday. The firm has issued 60.00 mln shares priced at RMB 5.17 per share raising RMB 310.2 mln.
Bitcoin takes a hit as China declares all cryptocurrency transactions illegal
The decision was made “in order to safeguard people’s properties and maintain economic, financial and social order,” the People’s Bank of China has said.
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