China | ForkLog

ForkLog 7 15.11.2021

Chinese official dismissed for collaborating with cryptocurrency miners

A senior official in Jiangxi province has been removed from his post and expelled from the Communist Party for collaborating with cryptocurrency miners.

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ForkLog 9 12.11.2021

Media: Chinese investors used cryptocurrency to buy real estate in Japan

Tokyo's tax office found that Chinese investors purchased real estate in Japan worth ¥27 billion ($237 million) using cryptocurrency to evade restrictions. The Asahi Shimbun reports, citing sources.

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ForkLog 5 11.11.2021

Bitcoin retreats from record as Evergrande default fears mount

On November 10, after reaching an all-time high near $69,000, Bitcoin fell almost 9%, slipping below $63,000. CoinDesk linked this to rumours of a potential default by one of China's biggest developers, Evergrande.

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ForkLog 16 08.11.2021

China unveils device to exchange currencies for the digital yuan

The Bank of China financial group demonstrated a device that converts foreign currencies into the digital yuan (e-CNY). CoinDesk reports, citing local media.

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ForkLog 7 06.11.2021

Media: 31 Filecoin miners arrested in China and $62.5 million seized

Chinese law enforcement officers in the Fuzhou district of Fujian province arrested 31 employees of IPFS Union, a company linked to Filecoin mining.

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ForkLog 7 03.11.2021

Digital yuan transaction volume tops $9.5 billion

As of October, about 140 million people opened wallets for the digital yuan and used it for transactions totaling about 62 billion CNY (~$9.7 billion), Reuters reports.

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ForkLog 9 01.11.2021

Ant Group, Tencent and JD.com sign NFT self-regulation pact

Chinese tech giants Ant Group, Tencent and JD.com have signed a self-regulation convention on non-fungible tokens (NFTs) with several government agencies, according to EqualOcean.

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ForkLog 20 29.10.2021

Huobi suspends crypto-derivative trading in mainland China

The bitcoin exchange Huobi has finally curtailed trading of futures and other crypto-derivatives in mainland China. The move forms part of a broader plan by the company to scale back its operations in the country.

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ForkLog 12 29.10.2021

EOS tops China’s public blockchain ranking

The CCID published another global ranking of public blockchains. Based on a technical evaluation, EOS was named the top network.

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ForkLog 9 25.10.2021

Media: Ant Group and Tencent distance themselves from the term ‘NFT’

Chinese tech giants Ant Group and Tencent have changed the term 'non-fungible tokens' (NFT) to 'digital collectibles' on their platforms and sites. Jiemian reports.

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ForkLog 11 15.10.2021

BTC.com’s mining pool stops serving users in China

NYSE-listed BIT Mining Limited announced that its BTC.com mining pool will exit China and stop serving local customers.

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ForkLog 15 15.10.2021

Opinion: Popularity of P2P exchanges in China rose after tighter regulation

Against Beijing's repressive measures against trading digital assets in mainland China, the popularity of P2P exchanges and paid verification services on overseas cryptocurrency exchanges has risen, according to Dovey Wan, managing partner at Primitive Ventures.

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