India is on the verge of surpassing China as the leader in the Asian peer-to-peer (P2P) cryptocurrency trading volume, according to the latest finding from Arcane Research. Generally, frontier markets have seen strong growth in the cryptocurrency P2P space as evidenced in both lower com...
China has maintained a leadership role in the Bitcoin and cryptocurrency industry. Almost every major startup in this industry and other related technologies look forward to some kind of affiliation with China. Considering one of the fundamental aspects of the cryptocurrency industry, which is ...
After crackdowns on crypto exchanges, China is now freezing bank accounts. Why is the world's largest bitcoin producer tightening the vise over its miners? Crypto miners in China have a big problem on their hands: they can’t pay their electricity bills. Even though their mining farms might...
The clampdown on cryptocurrency related businesses in China has continued for a couple of years already. The recent reports of cryptocurrency miners having their cards frozen, and the OKEx crackdown are just two of similar incidents that have become common within the borders of China. As ...
The top stories from the Chinese cryptocurrency sphere this past week include: OKEx to resume withdrawals after the temporary suspension, Several Chinese miners bank accounts frozen allegedly for fraud and money laundering, Huobi prime bidder to purchase top South Korean Bitcoin exchange ...
From a top government official discussing cryptocurrency regulation during a US House of Representative Committee on Financial Services hearing on Nov. 12 to Ripple CEO, the narrative that China controls the world's top cryptocurrency, Bitcoin, is back in the news. Brian Brooks, ...
Data from CyptoQFuant and Glassnode shows great quantities of Bitcoin from Huobi is flowing into the Binance. The bitcoin outflow of Huobi and the inflow of Binance have both hit records since this year. Bitcoin also showed the same trend of fleeing from Binance to Huobi when Binance ...
The idea of Central Bank Digital Currencies (CBDCs) has split the blockchain and digital assets industry into two distinct sections. While one group believes that this idea might encourage adoption of the novel technology into the mainstream, the other suspects that it is simply a method o...
Despite the massive state-wide effort to promote the development of blockchain technology, not every aspect of the crypto and blockchain industry in China is seeing the same rate of progress. While cryptocurrency ownership has been somewhat contested in China, the country managed to become the w...
Cryptocurrency exchanges flying flags of convenience is sure to annoy China’s regulators and may no longer be a viable business strategy. It has been almost a month since OKEx, one of the biggest cryptocurrency exchanges in the world, suspended its token withdrawal services to its customer...
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