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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   


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2 mins read

The US crackdown on Russian trade is working as Putin struggles to fund his war

Trade volumes from partners such as Turkey and China have slagged in the first quarter, as foreign …

Filip De Mott   


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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…

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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 …

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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   


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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   


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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   


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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   


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2 mins read

Chinese crypto addresses have sent over $2 billion to scammers in the last 2 years, report says

Transactions, however, have since fallen due to the absence of large-scale Ponzi schemes like the P…

Isabelle Lee   


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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   


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3 mins read

China is facing an energy crunch and a debt crisis, and economists are sounding the alarm

The problems are beginning to mount for the world's second-biggest economy, worrying analysts.

Harry Robertson   


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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   


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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   


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3 mins read

China’s crypto crackdown grows, with 1100 people behind bars for money laundering

The arrests could convince some users who thought China’s crackdown on the industry won’t la…

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1 min read

China's crypto crackdown expands as a northern province announces new restrictions on mining and trading in cooperation with Beijing

"Cryptocurrency mining consumes an enormous amount of energy, which is against China's 'carbon neut…

Carla Mozée   


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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   


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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   


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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 …

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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…

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2 mins read

Bitcoin tumbles 11% after China steps up crackdown on crypto mining and financial operations

Sichuan authorities have ordered bitcoin miners to "clean up and terminate" their operations, accor…

Harry Robertson