You Searched For "china crypto crackdown" and got 20 results
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4 mins read
China lost 36% of its billionaires to years of economic troubles and crackdowns
China has lost 432 billionaires since the high of 1,185 in 2021, according to a list compiled by t…
Hannah Abraham
2 mins read
Stock market today: Indexes slide as Biden plan to tighten China chip crackdown weighs on tech
The Biden administration is considering the strictest trade restrictions on foreign companies that …
Matthew Fox
2 mins read
China isn't the only nation nixing crypto. 50 other countries have placed bans on digital currencies to date.
Algeria, Bangladesh, China, Egypt, Iraq, Morocco, Nepal, Qatar, and Tunisia have outlawed crypto, a…
Natasha Dailey
2 mins read
Crypto exchanges Binance and Huobi scramble to cut ties with Chinese users after the government's ban. Here's how the crypto trading world is responding to Beijing's crackdown.
Huobi said it would stop new-user registrations by mainland customers, and retire existing ones by …
Shalini Nagarajan
2 mins read
Cryptocurrencies tumble as China continues its crackdown against mining
The Chinese government is ramping up its crackdown on cryptocurrency. Authorities have called cry…
1 min read
China's state-run news agency will issue NFTs as the government cracks down on crypto
The so-called "digital news collectibles" will be issued for free on Xinhua's app, Bloomberg report…
Carla Mozée
5 mins read
China's $114 billion stimulus package immediately boosted its stock market. But can it last?
China's $114 billion stimulus has some investors excited, but it's lacking support for the country'…
Dan DeFrancesco
1 min read
China catches hundreds of banned crypto miners stealing electricity amid energy crisis
Banned crypto miners reportedly siphoned electricity from public agencies and universities during a…
Carla Mozée
2 mins read
China declares all crypto-related transactions illegal and forbids overseas exchanges from serving its citizens
Cryptocurrencies "cannot be used as currency in the market," China's central bank said, in its toug…
Shalini Nagarajan
2 mins read
China's crypto crackdown is shaking markets, but it's been trying to rein in the sector for years. Here's a timeline of Beijing's regulatory sweep.
China's hostility towards crypto stretches back to 2013, when the country banned banks from handlin…
Matthew Fox
2 mins read
Top crypto exchange Binance cooked up a flawed plan to try to dodge a 'nuclear' crackdown by US watchdogs, report says
Any lawsuit from US regulators would be like "nuclear fall out" for Binance, an executive told coll…
Zahra Tayeb
1 min read
Marathon Digital and other crypto-linked stocks drop after China declares cryptocurrency transactions illegal
China says bitcoin and ether cannot be used as currency in the world's second-largest economy, send…
Carla Mozée
3 mins read
China’s crypto crackdown is not likely to stop with Bitcoin mining — stablecoins, software, influencers are also on its radar
The crackdown on cryptocurrencies by China is unlikely to stop with Bitcoin mining. Authorities in …
1 min read
Billionaire investor Paul Tudor Jones says China is on a 'slow boat to the South Pole' after its crypto crackdown as digital assets are here to stay
Jones, the founder and chief investment officer of Tudor Investment Corporation, told CNBC he has c…
Natasha Dailey
1 min read
Crypto trading volume on Binance is reportedly soaring despite a market crackdown and regulatory pressure
Spot cryptocurrency trading volumes at Binance were $789 billion in September, a 74% surge from $45…
Carla Mozée
3 mins read
After closing down exchanges and other related businesses, China is going after crypto community forums like Coin World
Also called Coin World, the site was most well known for providing news, social network services…
3 mins read
China has banned all crypto transactions in the country. Here is what it means and why experts say bitcoin will bounce back.
"A banning of crypto possession probably would have sent everything crypto 20% lower," an analyst s…
Carla Mozée
2 mins read
China is now the world's 2nd-biggest bitcoin miner after activity bounced back from the government's crackdown
A surge in covert mining operations post-ban means China is now the world's second-largest location…
Hamza Fareed Malik
3 mins read
Here’s how China’s 2021 crypto crackdown in 2021 differs from the 2017 ban
Despite the restrictions, the Asian dragon still rose to become the top cryptocurrency miner in …
2 mins read
Why China's crypto crackdown is creating 'tremendous' opportunities for miners in other countries, according to industry execs
The ban on mining operations in China has actually helped bitcoin move towards its goal of becoming…