You Searched For "china crypto ban" and got 18 results
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2 mins read
An Airbnb host had to ban crypto mining after guests racked up a $1,500 electric bill
Airbnb host Ashley Class got a shockingly high utility bill, then looked back at footage that captu…
Dan Latu
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
5 mins read
China's worsening relationship with US businesses could put AI's chip supply on shaky ground
China burning bridges with US giants and a potential invasion of Taiwan leaves the AI industry vuln…
Dan DeFrancesco
3 mins read
Sanctions-hit Russia is rushing to set up payment systems, including crypto, to make trading easier
Russia is facing so many issues with its international trade payments that it's shifting its previo…
Huileng Tan
1 min read
China's stock rout has spurred a mad dash into banned bitcoin
China's crypto volumes have outpaced those in Hong Kong as investors shy away from domestic stocks.
Filip De Mott
8 mins read
Bitcoin miners got kicked out of China. Now they're sucking America dry.
Chinese-owned bitcoin mines are popping up in rural towns across the US. And they require massive a…
Taylor Dorrell
5 mins read
Countries from Russia to China are building payments systems that could threaten the dollar's global dominance
Cryptocurrencies, SWIFT alternatives, and even the barter system could reshape global payments amid…
Huileng Tan
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
China may not like cryptocurrencies but is pushing blockchain across 164 cities, companies and other entities
China’s government has announced an internal push to speed up blockchain development and innovation…
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…
2 mins read
Campaigners call for bitcoin miners to drop 'proof of work' to reduce their excessive use of energy
Greenpeace and other climate groups hope to tackle the excessive energy use in bitcoin mining by en…
Adam Morgan McCarthy
2 mins read
Western sanctions are so tight that Russia and China could soon use an ancient trading system. It's worked before.
Due to US secondary sanctions, Chinese banks are now extremely cautious about processing payments f…
Huileng Tan
1 min read
Russia is mulling energy tariffs for crypto mining amid a wave of migration following China's ban, report says
"We can't let miners capitalize on the situation at the expense of low residential electricity tari…
Isabelle Lee
2 mins read
China banned all crypto transactions on Friday, but experts say the move was mostly priced in for bitcoin
"The reaction is significantly smaller than previous bans as the market has already priced in the r…
Isabelle Lee
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
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
1 min read
Alibaba will block sales of crypto mining equipment beginning October 8 to comply with China's clampdown
Alibaba will also prohibit the sale of cryptocurrencies themselves and ban any tutorials, strategie…
Isabelle Lee
2 mins read
A New York power plant that mines bitcoin faces big test in governor's office
Greenidge Generation in the third quarter of 2020 said it mined 729 bitcoins and had approximately …