China

China's Banking Regulator Pushes Blockchain Adoption for Credit Market
China's banking regulator, the CBRC, thinks the country should double down on its adoption on blockchain technology to improve the credit market.

China Moves to Crack Down on Digital Currency Pyramid Schemes
China's public security ministry says it will take aim at pyramid schemes in the country, including those that purportedly involve cryptocurrencies.

PBoC Reportedly Orders Payment Services to Stop Serving Crypto Traders
The PBoC's Beijing division has reportedly issued a document requiring payment services to stop facilitating crypto trading activities.

PBoC Official Calls for Wider Ban on Chinese Crypto Trading: Report
The vice governor of China's central bank is reportedly seeking a wider ban on services related to cryptocurrency trading in the country.

Bitmain Reportedly Eyeing Canada for Bitcoin Mining Expansion
After announcing a Swiss branch, Chinese bitcoin mining giant Bitmain is reportedly looking at a second expansion into Quebec.

China's Internet Finance Association Warns on 'Initial Miner Offerings'
The National Internet Association of China warned against "initial miner offerings," referring to them as "disguised ICOs" on Friday.

Search Giant Baidu Launches Blockchain-as-a-Service Platform
Chinese web search giant Baidu has launched its own blockchain-as-a-service (BaaS) platform based on its own technology.

Bitmain Looks to Europe as China Cools to Bitcoin Miners
Bitmain, the China-based bitcoin mining giant, has set up a new subsidiary in Switzerland.

Report: South Korea Eyes Joint Crypto Regulations With China, Japan
Finance regulators in South Korea are reportedly looking to cooperate with authorities in China and Japan on new rules for cryptocurrency trading.

ViaBTC Announces Shutdown of Crypto Mining Contract Market
Chinese bitcoin mining pool ViaBTC has announced that it will close its marketplace for mining contracts this week.

