China’s Central Bank Governors Believe Cryptocurrencies Should be Used as Investment Assets

Apr 20, 2021

For the better part of the last year, China has been putting most of its efforts into developing and testing its upcoming digital yuan. After banning the use of cryptocurrencies as a means of payment years back, the country has spent very little time discussing cryptocurrencies aside from an occa...

China Cracks Down on ICOs With New Decree Against Illegal Fundraising

Feb 12, 2021

It’s been no secret that the Chinese government has slowly been cracking down on the development of the crypto industry in the country. And while the first several efforts to stifle the growth of cryptocurrencies, namely the banning of crypto trading, were said to be done to protect private inve...

Crypto Miners in China Get Their Cards Frozen by the Chinese Government

Nov 18, 2020

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...