China appears to be embracing the digital asset revolution, signaling a major shift in its stance on cryptocurrencies. Despite a strict crypto trading ban in 2021 that led to a market shack, the country is now expressing a newfound commitment to the development of the crypto industry. The Ministry of
On January 2nd, the internet in Kazakhstan was shut down. Recent crackdown barred all crypto transactions and mining inside China. It’s been a year of record highs and profits for cryptocurrencies, but the market is in a state of intense panic now. Several significant events have occurred recently that needs
This global Chinese smartphone manufacturer needs no formal introduction as it is popular all over the world. Being the largest Chinese smartphone manufacturer, Xiaomi has recently struck upon big speculation. This is in regards to Xiaomi accepting Bitcoin (BTC) as payments along with a handful of other cryptocurrencies. The Speculation
Among the crypto-regulated countries around the world, the one which all crypto exchanges fear in particular is China. The Chinese crypto regulatory bodies and their reforms are the most effectual of all. Amidst all this, few well-established crypto exchanges like the Huobi Exchange which are quite prominent in the country
The whole month has been full of tide waves smashing the cryptocurrency industry of China entirely to the shore rocks. The nationwide ban of certain cryptocurrencies, regulations imposed upon crypto trading and crypto exchanges have traumatized the chinese cryptocurrency industry explicitly. Furthermore, the waves now spread to Sichuan too. Breakdown
Hong Kong online brokerage Futu halts their crypto services for futures contract-based trading. It is due to some regulatory concerns which were raised recently. Futu Halts Futures Trading Futu securities is recognized as Asia’s top-ranked online broker, providing one-stop online investing services & experience. The customer support of Futu securities
China’s recent action upon imposing and regulating all crypto based firms has now led to new milestones for the government. The Ministry of Public Security testifies the arrest of 1000 along with the bashing down of 170 gangs so far , all linked to crypto based money laundering. The Scams
China’s new impositions and regulations have now gone into action for the past week. Numerous speculations and mixed comments are throughout the Chinese crypto community. The Chinese government’s acts have impacted Bitcoin(BTC) severely in China. Social Media Restrictions Bitcoin(BTC) now changes its focus entirely to the West, Miami to Latin
