Last Updated on April 25, 2024 by Paganoto
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 country's financial stability. Over the years, the government has become even more wary.Jul 6, 2021
Why China Is So Afraid Of Cryptocurrencies – Forbes
Why China Is So Afraid Of Cryptocurrencies – Forbes
It only makes sense when you realize that the Chinese state is afraid of cryptocurrencies because it is afraid of delegating control and power.
Why China finally decided to ban bitcoin
Why China finally decided to ban bitcoin
The biggest news, and most wounding setback, was China’s announcement of new regulations banning all cryptocurrency mining and transactions.
Crypto is fully banned in China and 8 other countries – Fortune
Crypto is fully banned in China and 8 other countries – Fortune
The country is now pushing their own digital yuan currency, and trying to make it more widely available to consumers.
China Hates Crypto: Message Received – The Diplomat
China Hates Crypto: Message Received – The Diplomat
However, the message is clear: Chinese authorities hate crypto. Soon, the sovereign digital currency will be rolled out, but as it is a …
What's behind China's cryptocurrency ban?
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 cryptocurrencies …
Why does China dislike Bitcoin? – Quora
Why does China dislike Bitcoin? – Quora
Because it is a waste of electricity for what the government believes is private speculation, and that private crypto-currencies ultimately undermine the …
It's Political: Why China Hates Bitcoin and Loves the Blockchain
It's Political: Why China Hates Bitcoin and Loves the Blockchain
The main reason to bet against such an outcome is that China’s current, closed economic system limits its capacity to innovate. Chinese …
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 Has a Love-Hate Relationship with Cryptocurrency
Why China Has a Love-Hate Relationship with Cryptocurrency
China has a love-hate relationship with crypto. It loves the technology but hates the illicit activity. While blockchain will play a vital …
Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.