china

Chinese Mining Companies Drawn to Ethiopia’s Affordable Electricity, Reports Bloomberg

Theon BarrettFeb 11, 20242 min read

Chinese Crypto Mining Companies Turn to Africa for Operations Chinese crypto mining companies are increasingly looking to Africa, specifically Ethiopia, for their mining operations. While cryptocurrency…

Chinese Bitcoin Miners Embrace Ethiopia’s Affordable Energy and Favorable Weather Conditions for Mining

Owen PatterFeb 11, 20242 min read

Chinese Bitcoin Miners Turn to Ethiopia for Cheap Energy Chinese Bitcoin miners have shifted their focus to Ethiopia as they seek affordable energy and favorable climates.…

Bloomberg Report: Chinese Investors Spark Worldwide Real Estate Crisis Amid Escalating Domestic Property Issues

Ethan GloberFeb 9, 20242 min read

Distressed Chinese Asset Sales Increase Amid Real Estate Crisis There is a growing requirement for liquidity among Chinese investors, resulting in the increased sale of real…

Navigating Turmoil: China’s Lunar New Year Gold Rush and Embracing Traditional Practices

Ethan GloberFeb 8, 20242 min read

Gold Demand in China Anticipated to Soar for Chinese New Year With the Chinese New Year approaching, gold traders and investors await the consumer purchases in…

China’s Recent 10-Ton Gold Acquisition Demonstrates Continued Demand for Trusted Reserve Asset

Ethan GloberFeb 8, 20242 min read

China’s Central Bank is a Major Player in the Global Gold Market China’s Central Bank Purchases 10 Tonnes of Gold in January According to market analyst…

China Implements Energy Revamp, Bans Cryptocurrency Mining

Bitro ConwellFeb 5, 20244 min read

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…

Opinion: Why China Should Consider Reversing the Bitcoin Ban for These 3 Vital Reasons

Owen PatterFeb 4, 20242 min read

China’s economy grew by 5.2% in 2023, but its stock market experienced a 10% decline. Despite the government’s ban on Bitcoin, some Chinese investors turned to…

Cross-Border Digital Dirham Transfer to China Launched by UAE’s Central Bank

Owen PatterFeb 3, 20242 min read

UAE’s Historic Cross-Border Transfer On January 29, Sheikh Mansour Bin Zayed Al Nahyan, Chairman of the Board of the Central Bank of the UAE, conducted the…

Successful First $13.6M Cross-Border CBDC Transaction Between UAE and China

Wyatt NewsonFeb 2, 20243 min read

The United Arab Emirates and China Complete First Cross-Border CBDC Transaction The United Arab Emirates and China have successfully conducted their first cross-border central bank digital…

china crypto news & updates | LolaCoin.org china