In significant news coming out of China, China’s central bank – the People’s Bank of China – has revealed that it carried out on-site checks on major Chinese bitcoin exchanges in Beijing and ... Read More
Further, the bitcoin executive also sees regulation to occur in a further 2-3 years in China, as opposed to any impending moves by authorities to do so.
In an emailed statement to CCN, Chinese exch... Read More
It is not clear what measures BTCC was asked to undertake, but China has recently instituted strict capital controls to prevent capital flight due to yuan’s continued decline. There were speculations ... Read More
On the other hand, market analysts are betting on a decline of yuan this year to 7.15 from the current 6.8125, according to Bloomberg, as the Chinese economy is expected to slow down with a state appr... Read More
Bitcoin Price Jumps by 11% to Reach One-Month High Above $6.9k
Bitcoin, the world's largest cryptocurrency by market capitalization, jumped by 11 percent on Monday, pushing prices above $6,900 for the first time in a month.
CoinDesk's Bitcoin Price Index shows
Price of 'Stable' Cryptocurrency Tether Tanks to 18-Month Low
UPDATE (10/15, 7:50 PM EST): Representatives from Tether have released a statement, attributed to chief compliance officer Leonardo Real. The statement comes hours after the USDT price fell below its
PBoC's Digital Currency Chief Departs to Lead Securities Clearing House
The former architect of China's central bank digital currency (CBDC) initiative has left the position to head the country's central securities clearing house.
Yao Qian, who founded the Digital Curr
Bitcoin Price Spikes But Bull Reversal Is Still $1K Away
Bitcoin (BTC) spiked 11 percent Monday, likely due to a sell-off in tether (USDT), but a bullish reversal is still not confirmed, technical charts indicate.
The leading cryptocurrency jumped to a 2