China’s largest cryptocurrency exchange, Huobi, has finally given up on finding ways of retaining operations in the country. This decision was made known by the company’s co-founder, Du Jun who clarified that after several attempts, Huobi has given up on negotiations with regulators on the s...
The two leading cryptocurrency aggregator and market data websites, Coingecko and Coinmarketcap have been made inaccessible for users in mainland China. This is a result of the ongoing crackdown on cryptocurrency activities in the country. According to reports, tests carried out using Gr...
One of the biggest news in the cryptocurrency industry in 2021 was the clampdown by China on the novel technology and the innovations surrounding it. While the Asian giant continuously reiterated its support for blockchain technology, the other half of the innovation, cryptocurrency, was highly ...
The last 12 months have seen tremendous changes take place in the cryptocurrency sphere. And in this year, China seems to show some tolerance to the crypto industry with compliant bitcoin mining operations being supported by some local governments in the country. This year, the Chinese gover...
Bitcoin miners in China’s Yunnan province have decried yet another crackdown by government authorities targeted at their activities. This time, it is reported that electricity producers have been ordered to cut off power supply to crypto mines located in the province. Yunnan is the third la...
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...
China's emerging role in the digital currency regulation space as well as its need to work with others is gradually taking shape with series of recent events adding up to make Asia's top economy's participation in the development of a global framework more established. Aside from the Chinese ...
After the Supreme Court of India overturned a ban on cryptocurrency trading in the country, the eyes of the crypto world turned to India to see how the monumental decision will affect the market. The world’s second most-populated country has long been considered the new frontier for the ...
The Supreme Court of India has overturned a ban on cryptocurrency trading in India, effectively legalizing cryptocurrencies in the country. According to a report from Bloomberg, a commission of three judges, led by Justice Rohinton F. Nariman, ruled that the ban on cryptocurrency tr...
The Economic Crime Plan (2019–22) released by the U.K. government and the trade association UK Finance details regulatory action on cryptocurrencies to prevent their use in criminal activities. According to the document, the government is working closely with businesses to bring toge...
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