Binance Facilitates $90B in Chinese Crypto Trade Reports are challenging the notion that China has totally banned cryptocurrencies. Binance, the top crypto exchange, reportedly facilitated $90…
China Implements Stricter Measures Against Cryptocurrency Mining Beijing has recently intensified its efforts to regulate cryptocurrency mining due to concerns over excessive energy consumption and potential…
China’s Crypto Investors Defy Regulations and Turn to Digital Assets Despite the cryptocurrency trading and mining ban in China, local investors are still flocking to the…
China Clarifies Taxation on Digital Currency Transactions An article published by the Shanghai Municipal Tax Service has raised speculation about a potential easing of China’s crypto…
Chinese Authorities Bust $2.2 Billion Underground Banking Network Using Cryptocurrencies Chinese authorities have recently dismantled a massive underground banking network valued at $2.2 billion, which was…
The People’s Bank of China: Focused on Crypto The People’s Bank of China (PBC) is doubling down on its focus on crypto assets in its recent…
China’s Central Bank Calls for Global Regulation of Crypto and DeFi Markets China’s central bank has released a financial stability report calling for global financial authorities…
Proposed Ban on Token Conversion to Fiat Currency The General Administration of Press and Publication of China (GAPP) has recently released a draft outlining significant changes…
The Latest Financial Stability Report from the People’s Bank of China The People’s Bank of China has released its latest financial stability report, which includes a…