Hong Kong Lawmaker to Explore Digital Asset Link With Mainland China
Johnny Ng floated the possibility of licensed Hong Kong exchanges being connected with Shanghai's exchanges. Original Source
Read MoreJohnny Ng floated the possibility of licensed Hong Kong exchanges being connected with Shanghai's exchanges. Original Source
Read MoreAmid rising global inflation and fear of a worldwide banking crisis, the demand for risky assets, including Bitcoin, has significantly spiked in the recent past. Crypto exchanges have been outlawed in mainland China since 2017, while digital assets like Bitcoin were banned in 2021. However, mainland China residents are eager
Read MoreSun thinks China is looking at Hong Kong as a kind of experiment, to see if crypto can be regulated on the mainland. If Hong Kong suceeds it could create a change of attitude in Beijing. "So that's why they want to see Hong Kong do it first," he said.
Read MoreChina’s anti-crypto regulations have reportedly forced the non-fungible token (NFT) game, Stepn, to exclude users from the mainland starting on July 15. Shortly after the announcement, Stepn’s in-game cryptocurrency is reported to have briefly dropped by 38%. Stepn Adheres to Local Regulations China mainland users of the NFT gaming app Stepn
Read MoreThe nonfungible token (NFT) game Stepn will ban users in mainland China in an attempt to follow Chinese regulatory requirements.The company's uncertainty has been fueled by rumors that it will be forced to leave mainland China. STEPN is a popular "move-to-earn" game based on Solana and BNB Chain, created by
Read MoreBusinessThe announcement comes shortly after Antpool, the largest bitcoin mining pool by hashrate, said it will block internet access from mainland China. By Jamie CrawleyOct 15, 2021 at 11:34 a.m. UTCUpdated Oct 15, 2021 at 11:34 a.m. UTCChina flag (Shutterstock) Original Source
Read MoreBusinessKeeping pace with China’s efforts to ban crypto-linked activities, Antpool is blocking users with mainland China IP addresses.By Aoyon AshrafOct 14, 2021 at 2:43 p.m. UTCUpdated Oct 14, 2021 at 2:43 p.m. UTCBitcoin mining machines. (Mark Agnor/Shutterstock) Original Source
Read MoreCoinEx cryptocurrency exchange is winding down operations in mainland China to comply with local anti-crypto regulations.The company officially announced on Sept. 30 that it will completely retire user accounts verified as mainland China citizens as well as those linked to a mobile phone number from mainland China.The exchange has asked mainland
Read MoreJust a day ago, the People’s Bank of China (PBoC) published a notice containing vastly stricter restrictions on crypto trading, so strict that they would effectively ban it, if enforced rigorously. According to the notice, which was co-signed by ten agencies, anyone facilitating trades is subject to legal prosecution, including
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