Contrary to the view shared in some quarters, a fintech expert and the author of ‘Cashless’, a book on China’s digital currency revolution, Richard Turrin, has ruled it out that Russia could use cryptocurrency and central bank digital currencies (CBDCs) to avoid sanctions following its...
Although the Chinese authorities claim to have rounded up their clampdown on cryptocurrency activities, the search for cryptocurrency miners continues. According to reports, this search is targeted at fishing out the individuals and corporations that may be carrying out crypto mining activities u...
The number of court cases involving cryptocurrency investment disputes reached a record high in 2020. Altogether, the year recorded 872 cryptocurrency-related cases, higher than about 700 of similar cases that were recorded in the previous year, 2019. Some of the most popular of the cases include...
Huobi, one of the major crypto exchanges in China disclosed the latest business data in a report jointly revealed by investment institutions IOSG and Huobi. The report revealed that Huobi currently has more than 15 million users (over 80% are from foreign countries), and the latest DAU...
Adoption comes first for some industry insiders on what would be the main outcome of the rumoured plan that digital payment giant, PayPal, is preparing to support crypto transactions on its platform. If it goes through, they see crypto exposure to PayPal's over 320 million users having an i...
Tension between the U.S. and China is rising again and there is an indication that it could lead to a full-blown financial tussle which could invariably have an impact on the cryptocurrency market. It's likely the U.S. Treasury Department could impose controls on transactions and freeze ...
In time for a Reuters analysis which puts Bitcoin as having outperformed stocks this year, new reports hint at what Bitcoin, as well as other major cryptocurrencies, are being used for. With one claiming they are used more for online purchases while the other cites their use for child porn has ...
Everyone knows the shift is upon us hence central bankers and politicians will throw all of their tools at this problem, sates the CEO of BitMEX exchange in his latest post on a looming reset in the global economy. In the wake of the coronavirus outbreak and its attendant impact on the g...
First discovered in the Chinese city of Wuhan, the Coronavirus is forcing global businesses of all categories to scale back. Given China’s status as a crypto investment hub – it has the most exchanges in the Asia-Pacific region, which in turn has 40 percent of the world’s top 50, crypto ...
The recent release of technology bluebooks has thrown a spanner in the works for those mixing Chinese government's interest in blockchain with cryptocurrencies and digital assets. The books' release, as reported by CCTV, points to how technology has brought more convenience to people in Chin...
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