China Crypto Roundup (Sept 21- Sept 28): China’s Central Bank Blacklists Local Bitcoin OTC Traders, Chinese State Media Outlets Engage in Coordinated Effort to Promote Cryptoassets, KuCoin Crypto Exchange Hacked for $150 Million

Sep 28, 2020

The top stories from the Chinese cryptocurrency sphere this past week include: some crypto OTC traders in China are blacklisted by China’s Central Bank, multiple state-run media outlets in China began their daily reports with a heavy focus on cryptocurrencies, KuCoin exchange hacked for...

Korea’s KFIU Will Regulate Crypto Exchanges Like Banks

Jun 12, 2018

Bitcoin tumbled more than 10 percent over the weekend to its lowest in two months after South Korean cryptocurrency exchange Coinrail was hacked. In the meantime, the Korea Financial Intelligence Unit (KFIU) and other financial sectors announced that they will regulate crypto exchanges ...

PBoC’s New Governor: the Central Bank has Treated Digital Currency with More Caution

Apr 12, 2018

April 11, China central bank governor Yi Gang attended a SubForum on monetary policy at the Boao Forum for Asia Annual Conference 2018 in Hainan. The new governor of People’s Bank of China (PBoC) has sent a clear signal that, the government monetary authorities would launch a ser...