Search results for "china"

Ian Karamanov by Apr 10, 2019

Ban Crypto Mining, says China: Bitmain to have Huge Problems

China’s call to ban crypto mining will most likely have a positive effect on the market. Bitmain however, will have to seriously change the company’s

Avatar by Jan 31, 2019

Tesla is attacking the biggest auto market in the World – China

Back in the beginning of November 2018, Elon Musk announced that all production of Tesla battery modules and packs would be sourced for the new Mega Factory in Shanghai. Tesla is however, now looking for a new battery supplier…

Ian Karamanov by Jan 28, 2019

Move Capital Out of China: Gems Used to Evade Capital Controls

A very interesting and creative approach is being undertaken by Chinese citizens in order to move capital out of China. Wealthy clients are using the

Avatar by Jan 22, 2019

Financial Injection by China: $83 Billion to Counter Economic Decline

The People’s Bank of China is taking drastic measures to counter the economic decline. A financial injection worth $83 billion has been shot into the market

Avatar by Dec 13, 2018

Security Token Offering (STO) is still illegal in the country, reminds China

The many recent attempts by projects to raise money with a Security Token Offering (STO) triggered China to remind projects about the legal implications of Security Token Offerings. Huo Xuewen, the chief of Beijning’s Municipal Bureau of Finance…

Avatar by Oct 26, 2018

Shenzhen Court Rules For Bitcoin Transactions In China

Contrary to previous notions held by many, a court in Shenzen has ruled that Bitcoin transactions can go on – seemingly – which means that we can expect to see Bitcoin transactions take an upward graph plotting and a reflection in prices in the coming weeks.

Avatar by Oct 22, 2018

Blockchain Regulation In China Takes A Wind With New Draft Laws

It looks like the anonymity that Blockchain provides will no longer be a privilege enjoyed by many Chinese after a proposed legislation by Cyberspace Administration. The new regulations that were proposed and for public consultation till November 2 which will require that companies that operate with blockchain technology to provide the real names of the clients they offer services to.

Avatar by Sep 20, 2018

ICOs are a disruption to the financial order, states China’s Central Bank

Initial Coin Offerings (ICOs) had a great 2017, but 2018 is starting to look rough. China’s Central bank has issued a public statement reminding investors..

Avatar by Sep 1, 2018

Huobi And Tianya’s Affiliation Could Be Indicating a 180 Degree Turn For China

China has been in the news quite a lot over the year for their strict crypto-regulating policies, althought not only for that. If you’re new to crypto, the thing you probably heard the most about in China is its Social Credit System. Ran by numerous companies as well as governmental regulating bodies, this rather concrete framework […]

Avatar by Aug 23, 2018

Blockchain Ratings from China: Bitcoin is Not Doing So Well

Blockchain ratings from China are always a pleasure to see. Sure, they put a little too much hype on EOS, but no one can really blame them