China

Bitcoin Mining’s New Bidding War
The cost of secondhand cryptocurrency mining equipment in China has nearly doubled in the last few weeks in response to bitcoin’s price jump.

China's Foreign Exchange Regulator Piloting Blockchain in Trade Finance
The agency that regulates and manages China's foreign exchange reserves will trial a blockchain system addressing inefficiencies in cross-border trade.

Bitmain Set to Deploy $80 Million Worth of Bitcoin Miners, Sources Say
Bitmain, the largest manufacturer of crypto mining equipment, is scaling up its capacity to mine bitcoin itself.

Bitcoin Miners Are Investing Again, Expecting a Cheap Power Boom Soon
Bitcoin miners in China are betting that abundant water this summer will make their business profitable again.

A Crypto Project That Raised $20 Million Is Caught Faking Its Founding Team
BHB in China raised $20 million in 2018 touting a three-person team. The only problem? At least two were fake.

Ripple Partners With Chinese University for Blockchain Research Program
Ripple has teamed up with a top Chinese university for a research program focused on blockchain regulation and development.

China's Internet Censor to Start Regulating Blockchain Firms Next Month
China’s internet censorship agency is bringing in regulations for blockchain service providers in the country.

Chinese Bank Giants Tap Blockchain in Trade Finance Efficiency Boost
The China Banking Association, the country’s self-regulatory organization for the banking sector, has launched a new blockchain-based platform for trade finance.

Chinese Crypto Billionaire to Help Lead Hong-Kong-Listed Blockchain Firm
Veteran Chinese crypto investor Li Xiaolai has joined a blockchain firm listed on the Hong Kong Stock Exchange as an executive director and co-CEO.


