#China

China Recognizes Blockchain Evidence as Legally Binding

Blockchain can now be legally used to authenticate evidence in legal disputes in China, the country’s Supreme Court ruled out on Friday.

Bobby Lee: Blockchain Only Suitable for Crypto, Not Real World Activities

Bobby Lee, co-founder and former CEO of the oldest Chinese bitcoin exchange BTCC, was one of the keynote speakers at BlockShow Europe 2018 in Berlin in the end of May. As he already did it on previous occasions in the past, Bobby Lee was expressing his exceptionally critical views on today’s financial system and the […]

China Bans Initial Coin Offerings as Illegal Fundraising

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.

The Reasons Behind China’s Crypto Optimism

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 is pragmatic, and it is […]

Another Major Chinese Exchange Supports Ethereum Classic

China’s biggest ETH exchange CHBTC has announced it launches Ethereum Classic trades, Twitter account cnLedger reported.

Old Bitcoiner Had a Farm: Ten Amazing Mining Facilities

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.

Chinese Ultimatum: Miners Discuss Switching to Bitcoin Classic

Bitcoin scalability debate gained steam as 8btc.com published details of the Bitcoin Classic implementation proposal discussed by miners of China.

70% of Transactions, or How China Raises Its Bitcoin Influence

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’ involvement in cryptocurrency is significant […]

Meanwhile in Asia: Cryptotechnologies and Economies

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.

People’s Bank of China Concedes Using Blockchain in its Own Digital Currency

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 currency’s operation. The statement could […]

Blockchain for Infrastructure: Two More Countries To Employ The Tech

This week, two different blockchain projects, Stellar and Factom, have announced their partnerships aiming at modernization of infrastructure in different countries with the opportunities inherent in the blockchain technology. While Factom works with technology consulting company iSoftStone on development of so-called ‘smart city’ strategy for several Chinese towns with the Chinese government as an end […]

The Great Vaults of China: What’s Inside For Bitcoin Ecosystem?

It’s not a secret that China is bitcoin world’s leader in many regards. Since the major cryptocurrency glut in 2013, Chinese companies started getting increasingly involved in virtual money, including mining and various financial services. Currently there are about 20 major companies involved in cryptocurrency operations, with about 800,000 customer base, not to mention smaller […]