Last Updated on September 13, 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 …
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 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, …
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.
Why China Is So Afraid Of Cryptocurrencies – Forbes
Why China Is So Afraid Of Cryptocurrencies – Forbes
This is just the theory. In practice, cryptocurrencies undermine specific, tangible Chinese state objectives. Chief among them is control of …
How China Is Closing In on Its Own Digital Currency: QuickTake
How China Is Closing In on Its Own Digital Currency: QuickTake
China banned cryptocurrency exchanges and so-called initial coin offerings in 2017 amid a broad effort to cleanse risk from its financial system …
China Is Undermining Cryptocurrencies. What's the Long …
China Is Undermining Cryptocurrencies. What's the Long …
The crackdown of mining operations happened in areas such as Sichuan that are industry-heavy and receive cheap power from the state. The mining …
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, adding …
Why China had to “Ban” Cryptocurrency but the U.S. did not
Why China had to “Ban” Cryptocurrency but the U.S. did not
by R Xie · Cited by 34 — regulatory framework has maintained its consistency, but left some areas lawless while others potentially over- regulated.
Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.