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CHINA CRYPTOCURRENCY REGULATION
China debates how to handle criminal crypto cacheMoney involved in crypto-related crimes surged 10-fold to 430.7 billion yuan ($59 billion) in 2023, according to blockchain security firm S...
IMF asks El Salvador to drop bitcoin, more countries clamp downThe International Monetary Fund (IMF) has urged El Salvador to drop bitcoin as a legal tender, citing risks to the nation's financial stabi...
Russia proposes ban on use and mining of cryptocurrenciesRussia has argued for years against cryptocurrencies, saying they could be used in money laundering or to finance terrorism.
Russia's central bank calls for crypto crackdownThe move is the latest in a global cryptocurrency crackdown as governments from Asia to the United States worry that privately operated and...
View: Whatever bitcoin’s failings, the blockchain technology underpinning it is a marvelRegulators have legitimate concerns, but should also recognise the benefits that could accrue from such technological innovations catalysed...
Crypto-linked stocks plunge in Hong Kong, bitcoin steadiesShares of crypto asset manager and trading firm Huobi Tech, an affiliate of Huobi Global, one of the world's largest exchanges, fell more t...
What's new in China's crackdown on crypto?While China has been putting in place increasingly stricter rules on virtual currencies, it has now made all activities related to them ill...
China turns the screws in crypto crackdownTen Chinese government agencies, including the central bank as well as banking, securities and foreign exchange regulators, said in a joint...
Beijing doubles down on rooting out crypto in ChinaThe People's Bank of China's statement sent bitcoin tumbling to a two-week low and ether to a more than five-week low. On Tuesday, prices o...
Chinese banks promise to step up cryptocurrency banChina's biggest banks have promised to refuse to help customers trade Bitcoin and other cryptocurrencies after the central bank said execut...
China blocks several cryptocurrency-related social media accounts amid crackdownMore actions are expected, including linking illegal crypto activities in China more directly with the country's criminal law, according to...
Bitcoin ends day on the ropes after China clamps down on mining, tradingBitcoin markets operate 24/7, setting the stage for price swings at unpredictable hours, with retail and day traders driving those moves.
Bitcoin tumbles 10% after China cracks down on mining, trading activitiesChina's Financial Stability and Development Committee, chaired by Vice Premier Liu He, singled out bitcoin as the asset it needs to regulat...
What Beijing's new crackdown means for cryptocurrency in ChinaMany of the new rules expand on previous restrictions aimed at cryptocurrencies and close loopholes that had allowed some finance and payme...
What Beijing's new crackdown means for cryptocurrency in ChinaMany of the new rules expand on previous restrictions aimed at cryptocurrencies and close loopholes that had allowed some finance and payme...
Bitcoin roars back, jumps 20% from Friday's low to hit $4,000China banned fundraising by selling digital coins, known as initial coin offerings.
Bitcoins lose lustre in the face of flakThe RBI has been cautioning people against bitcoin trading though, unlike China, it hasn’t asked trading platforms to close operations.