Last Updated on July 17, 2023 by Paganoto
Currency and control: why China wants to undermine bitcoin
Currency and control: why China wants to undermine bitcoin
In May, the PBOC banned banks from doing business or providing accounts for anyone trading in cryptocurrencies.
Why China Is Cracking Down on Bitcoin
Why China Is Cracking Down on Bitcoin
China first moved in 2013 to restrict its banks from using Bitcoin as currency, citing concerns its inherently speculative nature threatens …
China's top regulators ban crypto trading and mining … – Reuters
China's top regulators ban crypto trading and mining … – Reuters
China’s cabinet vowed in May to crack down on bitcoin mining and trading as it sought to mitigate financial risks, without going into details, …
What's behind China's cryptocurrency ban?
What's behind China's cryptocurrency ban?
The People’s Bank of China argues that its ban on cryptocurrencies is to curtail financial crime and prevent economic instability. However, …
Why China Is Cracking Down on Bitcoin Mining – TIME
Why China Is Cracking Down on Bitcoin Mining – TIME
While most crypto mining operations in China could be considered legal grey areas, some are outright illegal, says Tang. In China’s impoverished …
China's bitcoin crackdown: why is it happening and what's …
China's bitcoin crackdown: why is it happening and what's …
The researchers posit that Beijing might attack the bitcoin network for political reasons, such as undermining certain types of transactions, …
Why China Undermines Bitcoin – as It Tests Its Own Digital Currency …
Why China Undermines Bitcoin – as It Tests Its Own Digital Currency …
China might have had control of Bitcoin, if indirectly by being able to identify and exert pressure on the minors but they did not have control over the design.
Researchers warn China that its bitcoin mining could … – ZDNet
Researchers warn China that its bitcoin mining could … – ZDNet
Researchers warn China that its bitcoin mining could undermine global sustainability efforts … China is pinned to generate 130.5 million metric …
China's bitcoin mining is threatening its climate change targets
China's bitcoin mining is threatening its climate change targets
“The growing energy consumption and associated carbon emission of bitcoin mining could potentially undermine global sustainable efforts,” wrote …
Major China bitcoin mining hub lays out harsher crackdown …
Major China bitcoin mining hub lays out harsher crackdown …
But a study, published in peer-reviewed journal Nature Communications in April, said bitcoin mining could “undermine the emission reduction …
Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.