Hong Kong Official Touts Blockchain for China’s ‘Belt and Road’ Plan
A senior official for the government of Hong Kong has said blockchain could bolster China’s ongoing efforts to significantly expand its trade capabilities. According to…
Tag: China
Is China Planning to Resume Bitcoin and Cryptocurrency Trading Soon?
CNLedger, a trusted news source within the Chinese cryptocurrency industry, has revealed that OKEX will soon launch peer-to-peer (P2P) over-the-counter (OTC) bitcoin-to-fiat trading platform. “More…
China Renaissance CEO: Blockchain More Important Than Bitcoin
The head of a Chinese investment bank says he believes bitcoin’s underlying technology is more important than the cryptocurrency itself. Fan Bao, the CEO of…
DEA Report: Bitcoin Used for Trade-Based Money Laundering
A new report from the U.S. Drug Enforcement Administration (DEA) claims that bitcoin is being used to facilitate trade-based money laundering (TBML) schemes. Published by…
The Bitcoin Rally Is Back
The bitcoin rally is proving hard to stop. The cryptocurrency has breached $4,000, soaring more than 20 percent from the lows reached Friday, as concern eases…
China’s IT Ministry Backs New Blockchain Research Lab
Regardless of its recent crackdown on bitcoin exchanges and initial coin offerings (ICOs), China’s government still appears committed to the potential of blockchain in other…
China, Shmyna: Bitcoin Trading Is Way More Distributed Now Anyway
Marc Hochstein is the managing editor for CoinDesk and a former editor-in-chief of American Banker. In this opinion piece, Hochstein takes a quick look at…
$11 Billion: 24-Hour Cryptocurrency Trading Volume Hits New Record
Cryptocurrency trading volume reached a new milestone on Friday, crossing $11 billion for the first time amid regulatory uncertainty in China. Crypto Markets Post Record…
Bitcoin Finds Bottom at $4,000 as Price Awaits Post-China Breakout
The bitcoin-US dollar exchange rate (BTC/USD) may have climbed back above $4,000, but it might be ready to push higher even though China uncertainty reigns…
Report Casts Doubt on Future of China’s Bitcoin Exchanges
Regulators in China are said to be considering a move to close all domestic bitcoin and cryptocurrency exchanges. According to a report from business media…