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Chinese Govt. Executive Points Out Illegal Overseas Transfer of Assets in Crypto

Xuan Changneng, the dep. director of the state administration for Foreign Exchange recently raised concerns over the illegal transfer of assets overseas via bitcoin as the price of the top cryptocurrency soared to a new all-time high a couple of weeks ago. Important information：Xuan Changneng, deputy director of State Administration of Foreign Exchange, pointing out

Prashant Jha January 20, 2021

Xuan Changneng, the dep. director of the state administration for Foreign Exchange recently raised concerns over the illegal transfer of assets overseas via bitcoin as the price of the top cryptocurrency soared to a new all-time high a couple of weeks ago. Important information：Xuan Changneng, deputy director of State Administration of Foreign Exchange, pointing out

bitcoin china
Bitcoin News
bitcoin china
Bitcoin News

China Puts Its Money Under Quarantine; This Is Why We Need Bitcoin

China has announced that they will be cleaning banknotes. The government announced over the weekend that it will be cutting off fiat transfer across Chinese provinces. It will also be sanitizing the banknotes from high-risk areas. This is a new measure to control the spread of the Coronavirus. With this, Bitcoin’s decentralization, permissionless and digital

John Kiguru February 18, 2020

China has announced that they will be cleaning banknotes. The government announced over the weekend that it will be cutting off fiat transfer across Chinese provinces. It will also be sanitizing the banknotes from high-risk areas. This is a new measure to control the spread of the Coronavirus. With this, Bitcoin’s decentralization, permissionless and digital

Bitcoin
Bitcoin News
Bitcoin
Bitcoin News

Why Bitcoin’s Energy Consumption Is Actually Good For Long-term Global Economic Stability?

According to a recent blog post by Unchained Capital, a financial company which offers cash loans to long-term cryptocurrency holders, the long-term necessity and importance of bitcoin’s energy consumption outweighs its controversial climatic influences and environmental disruption. According to the insightful conclusions, bitcoin’s “wasteful” energy consumption is a more rational alternative in building a better

Dare Shonubi December 10, 2019

According to a recent blog post by Unchained Capital, a financial company which offers cash loans to long-term cryptocurrency holders, the long-term necessity and importance of bitcoin’s energy consumption outweighs its controversial climatic influences and environmental disruption. According to the insightful conclusions, bitcoin’s “wasteful” energy consumption is a more rational alternative in building a better

China and Japan Cooperate South Korea on Bitcoin Regulation
Bitcoin News
China and Japan Cooperate South Korea on Bitcoin Regulation
Bitcoin News

Bitcoin Taxation: Will China and Japan co-operate with South Korea on Bitcoin?

In the light of the strained relationship between China and South Korea, it’s hard to come to a conclusion regarding this question. Since 1950, when China sent its army to fight against South Korea in Korean War, the relation between both the countries soured. Though, through trade treaties and for mutual gains, China and South

Casper Brown March 15, 2018

In the light of the strained relationship between China and South Korea, it’s hard to come to a conclusion regarding this question. Since 1950, when China sent its army to fight against South Korea in Korean War, the relation between both the countries soured. Though, through trade treaties and for mutual gains, China and South