China

Bitcoin Hot in Singapore; China Widens Crypto Mining Bans
Bitcoin as legal tender a hot topic in Singapore. China bans crypto mining in Changji city and Qinghai province, and over 1,000 arrested in China on crypto-related money laundering charges. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

Americans Earned Over $4B in Bitcoin in 2020, More Than Triple the Investors in Other Countries
A new study that shows which countries have realized the most bitcoin gains reveals American investors earned over $4 billion in bitcoin in 2020, more than triple that in any other country. CoinDesk’s Director of Data and Indexes Galen Moore digs into the data.

Bitcoin Hashrate Declining Amid China Crackdown
The bitcoin hashrate tumbles amid more crypto mining operations in China shutting down. The country’s Qinghai province is the latest to announce a new crypto ban, following Xinjiang and inner Mongolia. Darin Feinstein of Blockcap, one of North America’s largest miners, weighs in.

Bitcoin Hashrate Plunging Amid China Crackdown
The bitcoin hashrate, which stands for the global computing power used to process transactions on the Bitcoin proof-of-work blockchain, is plunging to its lowest level since last November as several provinces in China are shutting down crypto miners. Christine Lee breaks down the data in today’s Chart of the Day.

El Salvador Becomes First Country to Officially Adopt Bitcoin as Legal Tender
CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De explains the significance and potential ripple effect of El Salvador officially adopting bitcoin as legal tender. Plus, a look at the U.S. Senate approving a $250 billion bipartisan technology and manufacturing bill to counter China on technological advancement.

India Crypto Feud Continues; Korea Mining Thief Busted
India’s crypto industry takes matters into its own hands. Canaan offers service in Kazakhstan as miners flee China, and a crypto thief in Seoul is busted. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

Chinese Social Media Bans Crypto Accounts; Seoul Tightens Rules on Crypto Trading
Dozens of Weibo crypto accounts were banned over flouting platform guidelines and laws. Executives and employees of SK crypto exchanges were barred from trading on their platforms. A Chinese chipmaker launches chip that supports ETC and ETH mining. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

Hong Kong’s Bitcoin Meetup Ahead of Bitcoin 2021; Banksy Work Offered for Crypto
Hong Kong holds a Bitcoin gathering ahead of Bitcoin Conference 2021 in Miami. State-backed Copyright Society of China launches new blockchain service. Auction house accepts ETH and BTC for physical Banksy art piece. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of The Daily Forkast, June 4.

Biden Bans American Investment in 59 Chinese Firms
U.S. President Joe Biden signed an executive order today banning Americans from investing in 59 Chinese firms with ties to the military. Bitcoin mining engineer Brandon Arvanaghi shares his view on how the rising economic tensions between the two countries could impact bitcoin innovation.

