Tag: china

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China Is Slowly Being Left Behind in the Bitcoin Price Race

The bitcoin price is involving in an interesting direction right now. Whereas China used to dictate the global bitcoin price for quite some time,...

Is The PBOC Using Bitcoin Exchanges To Catch People Who Violate Capital Flight Restrictions?

The recent actions by the People's Bank of China raise a lot of questions among bitcoin community members. Some people even feel the PBOC...

China’s Fintech Industry Attracted Over Half of 2016 VC Investments

The fintech industry in China continues to attract significant amounts of foreign investment. Particularly the year 2016 has been quite positive for fintech in...

Chinese Media Outlet Claims BTCC Operates In “Risky” Manner

It appears the PBOC investigation of the Chinese Bitcoin exchange BTCC is coming up with some unexpected results.After cracking down on margin trading, it...

Chinese Investors Grow Concerned Over Potential New Bitcoin Regulation

Anyone looking to get involved in Bitcoin is anxiously awaiting what the Chinese markets will do in the coming days. Several billion yuan worth...

BTCC Sets New All-Time High For Bitcoin Amid Bullish Trend

It appears the bullish Bitcoin price trend is far from over. BTCC, the oldest and largest Chinese Bitcoin exchanges, set a new all-time high...

Think Tank Proposes Another One-Off Devaluation of The Chinese Yuan

China's economy is of great concern to financial experts all over the world right now. With the economic growth expected to slow in 2017,...

China’s Appetite For Bitcoin Seems Insatiable

China continues to show an increasing demand for bitcoin and cryptocurrency right now. Since the market opened today, the price per BTC has continued...

Demand For US Dollars Causes Chinese Black Market FX Trades To Surge In Popularity

The Chinese black market is thriving in recent days, most notably in the foreign currency exchange sector. Changing currencies is a quick way to...

PBOC Looks to Hire Blockchain Engineers To Develop National Digital Currency

It is not the first time rumors circulate regarding China planning to issue their own digital currency in the future. A recent statement by...

China Sacks Finance Minister Amid Bitcoin Regulation Rumors

Big changes are coming the China’s financial ecosystem. A top official has been removed from his seat of power effective immediately. Interestingly enough, the...

Bitcoin Breaks US$700 in Asian Markets; $800 Imminent

The price of bitcoin has continued to surge since early morning, opening at around US$674 and surpassing the US$685 mark on most major bitcoin...