How Will China Deal With Bitcoin

Last Updated on March 1, 2024 by Paganoto

What's behind China's cryptocurrency ban?

In late September 2021, the People’s Bank of China (PBOC) banned all cryptocurrency transactions. The PBOC cited the role of …

China is cracking down on crypto again – CNBC

China has targeted bitcoin since 2013, forbidding financial institutions from handling bitcoin transactions, and over the years, has renewed its …

China's top regulators ban crypto trading and mining … – Reuters

The People’s Bank of China (PBOC) said cryptocurrencies must not circulate and that overseas exchanges are barred from providing services to …

Crypto is fully banned in China and 8 other countries – Fortune

China made big headlines when it banned crypto last year, but it is only one of dozens of countries and jurisdictions that have either …

China banned cryptocurrencies, but it's going all in on NFTs

Last year, China’s government banned cryptocurrency trading and mining in one of the world’s most intense crackdowns. But China’s government …

China's History With Cryptocurrency – Investopedia

China was among the earliest countries to enthusiastically embrace cryptocurrencies. In 2011, its first cryptocurrency exchange, BTC China, …

Currency and control: why China wants to undermine bitcoin

Few would dispute that China’s recent crackdown on cryptocurrency trading and mining has contributed to the recent plunge in the value of …

China declares all crypto-currency transactions illegal – BBC

China’s central bank has announced that all transactions of crypto-currencies are illegal, effectively banning digital tokens such as …

China Has Good Reason to Fear Bitcoin – Barron's

It then took steps to limit Chinese financial institutions’ dealings with cryptocurrencies and crypto assets. The latest move is much broader.

How China's Ban on Cryptocurrency Will Ripple Overseas

China-based crypto exchanges and miners using high-speed computers may rebase in other countries, especially Singapore, experts believe.

Paganoto

Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.