Last Updated on October 11, 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 the …
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
China’s government, it turns out, disagrees. In late May, China’s State Council signaled a crackdown on cryptocurrency mining, causing bitcoin’s …
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 …
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.
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 Governments Are Wary of Bitcoin – Investopedia
Why Governments Are Wary of Bitcoin – Investopedia
Among other things, Bitcoin enables the citizens of a country to undermine government authority by circumventing capital controls imposed by it. It also …
How China Is Closing In on Its Own Digital Currency: QuickTake
How China Is Closing In on Its Own Digital Currency: QuickTake
Unlike cryptocurrencies such as Bitcoin, the digital yuan won’t have any presumption of anonymity and its value will be as stable as the …
China's makes all cryptocurrency transactions illegal in blow …
China's makes all cryptocurrency transactions illegal in blow …
Cryptos, including Bitcoin, are not fiat currency and cannot be circulated on the market, the People’s Bank of China said on its website, …
Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.