China Quietly Makes It Illegal to Run a Node Without Gov’t Approval

China has introduced new regulations intended to promote the ‘healthy development’ of blockchain technology. However, the new law also entitles the Cyberspace Administration of China to supervise node operators, as well as to request private information.  New Blockchain Regulations China’s Office of Central Cyberspace Affairs Commission (CAC) issued new regulations dubbed “Regulations on the Management […]

Continue Reading

New Survey Finds 40% of Chinese Want To Invest In Bitcoin

A new survey asked nearly 5000 Chinese people about their familiarity and interest in cryptocurrency. The results of the survey show that two in five or 40 percent wanting to invest in bitcoin, despite the current bear market. Subject Knowledge The survey found that 98 percent of the respondents had heard of at least one concept related to cryptocurrency […]

Continue Reading

Study: Asia Has More Impact on Bitcoin Price Than America and Europe

With events like SEC approval for Bitcoin ETFs and the introduction of cryptocurrency derivatives, it is easy to imagine the market being driven by news out of the United States. However, new research suggests that Asia, and not the West, is the dominant driver of Bitcoin price and cryptocurrency markets. Western Focus Might be Misleading […]

Continue Reading

Bitcoin Hashrate Drop Sparks Rumors of $3.8K Miner ‘Turn-Off Price’

The drop in Bitcoin hashrate has sparked rumors China has turned off huge numbers of mining rigs as the process is no longer profitable. ‘More Economic To Turn Them Off’ Video and photo content which allegedly came from F2Pool owner BitFish hit western social media November 20, being uploaded by local news feed cnLedger and […]

Continue Reading

Woman Accepts 21-Day Bitcoin Survival Challenge in Post-Ban China

Do you think you could travel and survive for 21 days on just 0.21 Bitcoin? How about in a country where the authorities have banned it? A Chinese documentary is following a young woman attempting to do just this in some of China’s major cities. Cost of Living Your idea of a reasonable cost of […]

Continue Reading

From Farm to Plate, Blockchain Is Revolutionizing Agriculture

Blockchain technology is increasingly being heralded as a solution to many of the problems plaguing today’s agricultural supply chain.    Many of today’s farmers are keen on embracing cutting-edge technology to help solve a variety of issues in the industry. A 2017 mid-year review from Ag Funder said start-ups related to farm management software, sensing, […]

Continue Reading

Chinese Cryptocurrency Traders Use Tether and VPNs to Bypass Ban

Cryptocurrency traders in China appear to have found numerous ways to circumvent the nationwide ban on trading with digital currencies. According to industry experts, as long as the transactions remain peer-to-peer and decentralized, regulators won’t be able to block them out completely.   Tether and VPNs to the Rescue Quoting sources familiar to the matter, […]

Continue Reading

China Escalates Cryptocurrency Ban Blocking 124 Offshore Exchanges

China will shortly block access to over one hundred international cryptocurrency exchanges and other platforms as the government’s crackdown escalates, local news media report August 23. Beijing On Crypto: We’ll Continue To Ban Everything According to the South China Morning Post quoting Chinese language resource Shanghai Securities News, lawmakers will shut down availability of 124 […]

Continue Reading

China Officially Bans All Crypto-Related Commercial Activities

China’s most popular messaging app, WeChat, has been asked to shut down the accounts of several blockchain and crypto-related news outlets as new regulations are enforced.  China Makes Ban Official According to the latest tweet by Dovey Wan — the Managing Director of Dhanua Capital, a California-based venture capital fund — the Chinese government authorities have […]

Continue Reading

China Government Begins Blockchain Standards Creation, Eyes 2019 Deadline

Wilma Woo · May 11, 2018 · 1:00 am China wants to release hard-and-fast standards rules for blockchain by the end of 2019, a government source told local media May 10th. Staying Competitive Speaking to Sina.com, Li Ming, director of the Blockchain Research Office at the Electronic Industry Standards Research Institute of the Ministry of […]

Continue Reading