China | ForkLog

ForkLog 8 13.10.2021

US Takes the Lead in Bitcoin Hashrate Share

The United States has displaced China from the lead in Bitcoin network hashrate. Since May 2021, the US share of total hashrate rose from 17.8% to 35.4% in August, according to data from Cambridge University's Centre for Alternative Finance (CCAF).

AI translated

ForkLog 9 13.10.2021

Binance to close OTC trading access for mainland China users

From 31 December 2021, the cryptocurrency exchange Binance will remove the Chinese yuan from the OTC list and close OTC trading access for users in mainland China.

AI translated

ForkLog 11 11.10.2021

Media: China weighs avenues for prosecuting crypto trading and mining

Leading agencies in China have begun examining legal norms for consideration in courts and for handing down verdicts in cases related to cryptocurrency trading and mining, according to Caijing Magazine, citing its own sources.

AI translated

ForkLog 16 11.10.2021

Opinion: China has already won the AI race against the United States

China has won the battle for artificial intelligence against the United States and is moving toward global dominance thanks to its technological achievements. This was stated by Nicolas Chaillan, the former Pentagon Chief Software Officer.

AI translated

ForkLog 9 11.10.2021

BSN to Expand into Turkey and Uzbekistan

The company behind the state-backed Chinese Blockchain Service Network (BSN), Red Date Technology, will launch the network portal operators in Turkey and Uzbekistan at the end of December. According to Cointelegraph.

AI translated

ForkLog 19 11.10.2021

McDonald’s China launches NFT collection to mark 31st anniversary

The Chinese branch of McDonald’s has released a collection of non-fungible tokens (NFTs) to mark its 31st anniversary.

AI translated

ForkLog 12 08.10.2021

Media: More than 20 crypto firms exit China

After a new wave of Beijing-led crackdowns on the crypto industry began on 24 September 2021, more than 20 firms exited the Chinese market, according to the China Securities Journal.

AI translated

ForkLog 12 05.10.2021

Bloomberg: Huobi to exit China ahead of wave of crackdowns

Huobi has decided to leave China ahead of another tightening of cryptocurrency regulation. The company has also ruled out any possibility of continuing operations in the country, Bloomberg reports.

AI translated

ForkLog 30 04.10.2021

China unveils ethical principles for AI regulation

China’s Ministry of Science and Technology unveiled a set of ethical principles for AI regulation, emphasising user rights protection and risk mitigation. The authorities aim to make Beijing a global AI leader by 2030.

AI translated

ForkLog 7 04.10.2021

KuCoin bars registration for Chinese users

KuCoin barred Chinese citizens from registering on its platform. The company will stop serving existing customers from this country by December 31. KuCoin said the move was necessary to comply with regulatory requirements. "Since its inception in 2017 we have always complied with the laws of various countries. On September 24, 2021 KuCoin reacted to the latest statements by the Chinese government and began reviewing its business processes for regulatory compliance."

AI translated

ForkLog 22 29.09.2021

Elon Musk urges US authorities to refrain from regulating the crypto industry

The US government should stay out of regulating the cryptocurrency market. This view was expressed by Elon Musk at the Code Conference in California, writes CNBC.

AI translated

ForkLog 13 29.09.2021

Bitmain to halt sales of mining equipment in China

One of the world’s largest manufacturers of cryptocurrency mining equipment, Bitmain, plans to suspend sales to Chinese miners. CoinDesk reports this, citing its own sources.

AI translated

#China