China News and Articles

Financial company Huatai Securities published a report on the details of the payment system and digital currency of the Central Bank of China under development called DCEP (Digital Currency Electronic Payment). “Unlike digital currencies within a decentralized system such as bitcoin, DCEP uses a...

The newest investigation shows blockchain spending in spheres of investment and funding ventures has lost the upper 40% in China during the last year. China had 245 funding and investment ventures in 2019 altogether, which is almost 60% less than in 2018. China's government held a study with...

The year 2019 has been quite the year for bitcoin. Although it has not seen its value rise like in 2017 it has caught the attention of many banks as well as authorities across the globe that are thinking to implement it into their systems. But now bitcoin is set to face an intense rivalry with...

China Securities Regulatory Commission (CSRC), that watches over the entire nation’s monetary activities, freshly receives a formal request to register an Exchange Traded Fund (ETF). This ETF will trace down funds linked with blockchain as primary possessions. This request lodged in by the...

Tangshan City District authorities seized 6,890 ASIC miners illegally connected to the electricity grid. It is reported by Trustnodes with reference to local media. Police raids took place in more than 70 thousand households, as well as in factories, retail outlets, and communities. In one of the...

Shenzhen District Court decided to freeze 4.7 million yuan (about $676 thousand) owned by Century Cloud Core one of the divisions of the Chinese mining giant Bitmain. The court upheld the request by the supplier of spare parts for various electronic devices Dongguan Yongjiang Electronics to freeze...

Since listing on Nasdaq last month, Canaan, a Chinese mining company, has dipped by nearly 40%. In November, Canaan Creative raised $90 million during an IPO, posting 10 million US depositary receipts for $9. Оn December 13, the securities of a mining company are trading at around $5.71. In a...

The Chinese social network Weibo, an analogue of Twitter, has blocked the account of TRON founder Justin Sun, whose branded marketing techniques have often been criticized both in China and the rest of the world. BREAKING and FINALLY ... @justinsuntron 's weibo (Chinese Twitter) account is now...

On Thursday, November 21, five commercial and technology specialists led by People’s Bank of China collectively issued the Bluebook of Blockchain, mentioning all criminal and deceitful systems in the sphere. Head of the nonprofit Beijing Blockchain Application Association Yedong Zhu said that...

Bitcoin reached the cheapest point in six months, sinking about 10% and continuing last week’s slide past the weekend on matters about repressions on crypto transactions by China. The leading coin dropped as much as 11% from Friday’s close and was selling below $6600 as of 1:50 p.m. in Hong...

An operator of the world’s largest crypto exchange Binance Holdings Ltd. said it doesn’t have any offices in Shanghai or China amid rumours that police raided the facilities in the city. A spokesperson of Malta-based Binance said that they don’t have an office in Shanghai and that any reports...

Alibaba, a Chinese e-commerce leader, sprang a partnership with Lolli, a BTC bonuses shopping application. Now Alibaba users can get BTC when buying online. News about the partnership was published on November 11, Singles Day, which is a Chinese shopping holiday and is supposed to be one of the...

Binance decided to start an office in Beijing after Xi Jinping said he wants the country to become the number one in the blockchain sphere. This new outpost is going to join the other one that's in Shanghai. Actually, the corporation didn’t announce what this office plans to do and when exactly...

The People’s Bank of China (Central bank) is going to certify eleven types of business technology hardware and software that are mostly used for blockchain and digital payment services with new Chinese accreditation system known as the Certification of Fintech Products. The bank published the...

The Chinese province of Sichuan, which produces 70% of all bitcoins in the world, has all the opportunities for an even wider attraction of miners. This was reported by CoinDesk with reference to a statement by the former vice president of the China Securities Regulatory Commission, Yang Jiang. In...

On October 24 Xi Jinping, president of China, spoke about the significance of using blockchain technology and encouraged everyone in China to make the country leading in this sphere. After this speech, a senior Chinese foreign-exchange governing official called for “special attention” to be...

President of China Xi Jinping said that the communist party of his country should consider blockchain as a centre technology for essential innovative inventions, also it should perpetrate to stimulating the improvement of this technology. This announcement was made during the meeting with the...

Facebook Inc. warns Washington that if the corporation’s plans for launching a cryptocurrency fail, it will be a huge win for China. David Marcus said in an interview that China is going ahead and trying to create a digital payment system with a worldwide reach and, at the same time, the US is...