china
Emotional Whirlwind: Chinas Real Estate Saga Casts a Tentative Mood Over Financial Markets
Emotional Whirlwind: China's Real Estate Saga Casts a Tentative Mood Over Financial Markets China's real estate market has become a focal point of global attention, generating uncertainty and raising concerns about the overall financial landscape. The economic situations of major property developers in China have been a cause for worry, leaving the world in suspense. […]
The Trailblazing Rise of the Chinese e-CNY and its Implication
The Trailblazing Rise of the Chinese e-CNY and its Implication Welcome to the world of digital currencies, where financial transactions unfold without the clink of coins or the rustle of banknotes. While cryptocurrencies are not a novelty, the spotlight is now on Central Bank Digital Currencies (CBDCs). These digital currencies, underpinned by central banks, are […]
How Chinese Bitcoin Buyers Are Getting Around Government Ban
How Chinese Bitcoin Buyers Are Getting Around Government Ban Chinese citizens are still investing in Bitcoin and the cryptocurrency market despite the government’s heavy crackdown. In September 2017, Chinese cryptocurrency exchanges BTCC China, Huobi and OKCoin were ordered by the government to shut down their businesses. At one point, executives of the three cryptocurrency exchanges […]
Vietnam Becomes the Latest to Ban Bitcoin, but in China, the Rules May Be Changing
Vietnam Becomes the Latest to Ban Bitcoin, but in China, the Rules May Be Changing Vietnam became the latest nation state to launch an attack on cryptocurrency, as regulators sided with the alarmists without providing much of a rationale. Vietnam Issues Ban The ban, which applies to all cryptocurrencies not deemed legal tender, was issued […]
Global Regulators Play Bitcoin Whack-a-Mole as Demand Explodes
Global Regulators Play Bitcoin Whack-a-Mole as Demand Explodes Evading government control a central feature of bitcoin Efforts to regulate digital currencies stymie authorities Banks Respond to Growing Interest in Cryptocurrencies Regulators worldwide are finding that it’s incredibly hard to control the explosive growth of money tied to no nation. Russian President Vladimir Putin is the […]
Chinese money dominates bitcoin, now its companies are gunning for blockchain tech
Chinese money dominates bitcoin, now its companies are gunning for blockchain tech Beijing, China It’s a sweltering summer night when I’m invited to join a bitcoin miner from Shenzhen at a “bitcoin club” somewhere in downtown Beijing. I’ve just returned from visiting one of the world’s largest bitcoin mines and find myself at a gathering […]