The China Academy of Information and Communications Technology (CAICT) has joined enterprise software firm R3 to collaborate with its global legal and regulatory community to share best practices … ( read original story …)
Tagged By blockchain
$60 Million and Rising: China’s Crypto Funds Try Lending to Beat Bear Market
Crypto investment firms in China have turned to lending for a steady revenue stream to get through the bear market, including Bixin Capital, FBG Capital and Dong Zhao’s DGroup. Each of these firms … (…
Will China Ban Crypto Mining?
On April 9, Reuters reported that a Chinese government agency is considering the elimination of crypto mining in the country. Given that China has been hosting the majority of mining pools on its … (…
China’s Crypto Rules Could Tighten As the Government Mulls Cryptocurrency Mining Ban
The top economic body in China has recommended some new rules that would see the government close down all cryptocurrency mining facilities in the country. The top economic body in China has … ( read…
In China, bitcoin mining moguls are scrambling to survive
China has 70 per cent of the world’s crypto-mining capacity, and over 70 per cent of that capacity is nestled in the mountains of Sichuan, where abundant hydroelectric power makes the price per … (…
China Considers Ban On Cryptocurrency Mining Because It’s A Stupid Waste Of Energy
China’s National Development and Reform Commission (NDRC) published a new paper that includes a proposal to ban the mining of cryptocurrencies like Bitcoin over concerns that crypto mining is a waste … ( read original…
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