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Category Archives: News

China’s Inner Mongolia Region Might Ban Crypto Mining

Mar 3, 2021

For years, China has been a hotspot for cryptocurrency mining. Lage mining operations have been set up in the country’s northern and central parts, looking to utilize the regions’ cheap electricity and good infrastructure. Some reports estimate that more than half of all Bitcoin’s hash power...

m-CBDC Project May Eventually Land on China’s BSN

Feb 26, 2021

Olusegun Ogundeji

The Multiple Central Bank Digital Currency Bridge (m-CBDC) project which runs on a distributed ledger technology (DLT) network could eventually run on China’s new Blockchain Service Network (BSN).  This is according to Fintech and China expert Richard Turrin, author of...

Bitcoin Miner Manufacturers in China See Huge Surge in Demand

Feb 25, 2021

The massive price rally the entire crypto market has seen since the beginning of the year has affected much more than just profits. According to reports from the Global Times, manufacturers of Bitcoin mining hardware have benefited hugely from increased prices. As Bitcoin’s price passed its ...