Vietnamese, Filipino, Indian, and Chinese Chainalysis Global Index Identifies Top Countries for Crypto Adoption
Chainalysis, a company that analyzes blockchain data, has released its 2022 cryptocurrency adoption index. The nations with the highest adoption of cryptocurrencies include Vietnam, the Philippines, India, and China. Even though global adop
September 16, 2022
The Shanghai High Court has declared Bitcoin to be a virtual asset with economic value that is protected by Chinese law.
Bitcoin has been declared a virtual asset protected by Chinese law by the Shanghai High People's Court. The cryptocurrency has economic value, according to the court. The Shanghai High People’s Court has declared that bitcoin qualifies as a
May 12, 2022
Blockchain and Smart Cities: On the Way to the Second Capital of China
On Oct. 14, Peng Yijie , a powerful Chinese businessman, visited Chen Gang , the Communist Party Secretary of Xiong'an New Area and Vice Governor of Hebei Province. Peng reported the potential of Blockchain technology to Secretary Chen, try
October 16, 2017
Signs Appear Suggesting Chinese Government May Have Entered Cryptocurrency Market
After Chinese government’s ban of ICOs last month, there are continuous rumors saying that Chinese government is preparing to enter the cryptocurrency market. However, no official announcement has been made to verify the rumor. Before Oct.
October 10, 2017
Mastercard CEO Attacks Bitcoin, Finds Solace in Government-Backed Cryptos
Ajay Banga, CEO of Mastercard, has leveled a scathing attack on any and all cryptocurrencies that are not government mandated, calling them “junk”. Digital currencies are almost direct competition for a company like Mastercard, and when ask
October 09, 2017
China Hints at Licensed Bitcoin Exchanges with ‘Zero Tolerance’ on Cryptocurrency Crime
China’s official press agency issued a statement condemning virtual currency as a tool used by the criminal underworld to evade government prosecution. The agency stated that regulators must take a hardline stance against cryptocurrency usa
October 04, 2017
First Ever Bitcoin Documentary in China Released at Shape the Future Summit
China is a Bitcoin powerhouse. An Article by Willie Tan in Cointelegraph recently concluded that 70 percent of Bitcoin mining is located in China. The Chinese have taken to Bitcoin like fish to water and there is no reason why they shouldn’
October 03, 2017
What’s Really Behind China’s Crypto Ban?
China’s cryptocurrency ban could be a temporary move to appease international agencies and certain communist party members ahead of the upcoming Communist Party convention, according to Panos Mourdoukoutas, an economics author and professor
October 02, 2017
Bitcoin Exchange BTCC Stops Deposits Ahead of Trading Shutdown in China
BTCC has stopped accepting yuan and cryptocurrency deposits today as it prepares to shutter its operations in China this month. Chinese cryptocurrency giant BTCC, the operator of the oldest cryptocurrency exchange in what was previously the
September 27, 2017
While China Bans Bitcoin Exchanges, Japanese Government Embraces Them
Beginning October, Japanese Bitcoin and cryptocurrency exchanges will be fully surveilled and investigated by local authorities as a part of a larger initiative to create a more regulated and robust Japanese Bitcoin exchange market. Earlier
September 27, 2017
NEO Price Surges After Founder Says Government Collaboration ‘Possible’
The NEO price surged on Monday after Dutch financial news outlet Het Financieele Dagblad published an interview with NEO founder Da Hongfei. In the interview, which was partially translated into English by Yicai Global, Da makes several sig
September 26, 2017
Government Debt Getting Downgraded, Thankfully Bitcoin Backed Only By Math
The biggest argument against cryptocurrencies is that unlike fiat currencies, they do not have the backing of any government. As multiple rating downgrades show, government support isn’t what it used to be. Thumbs down to Britain Moody’s do
September 26, 2017