Regulators in China have banned all initial public coin offerings (ICOs) pending a review and the possible introduction of regulations to control the booming market.
China is one of the world’s greatest driving forces when it comes to cryptocurrencies. There are more developers and evangelists in the West, but China is the domain of most miners and traders. While in the West most bitcoin users are associated with cryptoanarchism, China’s most widespread view of bitcoin.
China’s biggest ETH exchange CHBTC has announced it launches Ethereum Classic trades, Twitter account cnLedger reported.
Cryptocurrency mining has become not only a multi-billion business, but also an area for artistic self-expression. Considering the fierce competition on the market, miners have to come up with unusual solutions. In this feature, ForkLog covers some of the most breathtaking projects in bitcoin mining industry.
Bitcoin scalability debate gained steam as 8btc.com published details of the Bitcoin Classic implementation proposal discussed by miners of China.
Chinese economy’s perspectives and potential are among the most favorite subjects of discussions for economists and political experts. China’s evident domination in some economy sectors sometimes even worries the international community. China’s influence is also present in bitcoin industry, and therein, it’s way higher than in traditional economy. Chinese investors’.
Cryptoeconomy becomes more and more entwined with the traditional one. Beginning as a crypto-anarchist utopia, the ecosystem keeps on evolving, and currently it starts influencing what happens in the big financial world. In this brief overview, we’ll attempt to show how it happens in Asia.
The head of the People’s Bank of China conceded the central bank may use blockchain technology for its future digital currency presently under development. Speaking to Caixin Weekly, Zhou Xiaochuan stated that the PBOC may utilize blockchain technology alongside with cloud computation, secure chips, and mobile networks in its electronic.