China | ForkLog

ForkLog 8 25.05.2021

Bybit to restrict Chinese IP addresses

The cryptocurrency exchange Bybit warned of restrictions for Chinese IP addresses starting June 15, 2021.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 7 25.05.2021

Expert: China aims to tighten control of the cryptocurrency market

The authorities of the PRC will tighten regulation of the digital asset market, as the Communist Party of China (CPC) is interested in controlling cryptocurrency. An anonymous expert familiar with the matter told Matthew Graham, head of Beijing-based Sino Global Capital.

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ForkLog 6 24.05.2021

Experts link Bitcoin’s correction to an overheated market, not to criticism of China

Recent statements by Chinese authorities and state media regarding possible mining restrictions and cryptocurrency trading restrictions sparked market chatter, but globally they are unlikely to affect Bitcoin’s price. This was the view of experts polled by ForkLog.

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ForkLog 16 24.05.2021

Huobi and OKEx curtail services for Chinese residents

The cryptocurrency exchange Huobi has suspended a portion of its services and products in several countries, and has also stopped hosting miners in mainland China.

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ForkLog 7 24.05.2021

China criticises Bitcoin and mining; market falls

The Xinhua News Agency of the PRC published a piece criticising Bitcoin and cryptocurrency mining. The publication complements the authorities' earlier stance, urging action against mining and trading of digital assets.

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ForkLog 11 21.05.2021

Bitcoin falls below $37,000 on news of China’s mining ban

Chinese authorities intend to take action against cryptocurrency mining and Bitcoin trading. Liu He, Vice Premier of the State Council, said during remarks to the Financial Stability and Development Committee.

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ForkLog 20 19.05.2021

Inner Mongolia authorities launch crackdown on illegal cryptocurrency mining

The Inner Mongolia Reform and Development Commission (DRC) has created a platform on which residents can report activity related to cryptocurrency mining in the autonomous region.

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ForkLog 10 19.05.2021

China Merchants Bank and Nervos Foundation launch blockchain fund with $50 million in assets

CMB International and the Nervos Foundation launched the InNervation blockchain fund with $50 million in assets.

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ForkLog 6 18.05.2021

Media: China bans support for cryptocurrency-related business

Three associations under the Peoples Bank of China issued a joint notice prohibiting companies from engaging in cryptocurrency-related business.

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ForkLog 8 18.05.2021

Power outages in China knock Bitcoin’s hashrate by 20%

On May 17, the total hash rate of the Bitcoin network fell by 20%. The disruption was caused by power-supply outages in Sichuan province, China, due to low rainfall and a shortage of coal.

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ForkLog 9 13.05.2021

Hong Kong and China to expand testing of the digital yuan in cross-border payments

Hong Kong authorities are in talks with China to expand testing of the digital yuan (e-CNY) in cross-border transactions.

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ForkLog 17 12.05.2021

Trial begins in China against prominent Bitfinex and Binance investor

The Xihu District Court in the Chinese city of Hangzhou began hearing the case against Zhao Dong, a prominent OTC cryptocurrency trader and investor in Bitfinex, Tether and Binance. He faces up to three years in prison, according to The Block.

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#China