China
Sichuan Becomes Latest Chinese Province to Order Bitcoin Miner Shutdown
In China's Sichuan province, the world's largest hydro-powered bitcoin mining area, Ya'an is set to shut down mining operations. "The Hash" panel discusses China's continued crackdowns on bitcoin mining operations and what this latest development means for the bitcoin community.
Sichuan Becomes Latest Chinese Province to Order Bitcoin Miner Shutdown
The Sichuan government has joined other Chinese provinces in ordering local bitcoin mining operations to shut down pending an inspection.
Crypto Clampdown Hits Sichuan; DTravel Launches Airbnb Rival
China crypto mining clampdown hits Sichuan as miners seek safe-havens. Shanghai promotes digital yuan with a red envelope lottery. DTravel launches decentralized rival to Airbnb. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Chinese Commercial Bank Enables Digital Yuan-Cash Conversion at ATMs
The Industrial and Commerce Bank of China has become the first bank in the country to launch a feature converting cash to the digital yuan.
Examine Blockchain for Ways to Stop Forced-Labor Goods, Australian Committee Says
Blockchain could "empower" companies and governments to more "effectively" trace their supply chains, the Senate committee said.
City in China's Sichuan Province Orders Crypto Miners to Shut Down for Inspection: Reports
The news follows forced closures of mining operations elsewhere in China.
Genesis Digital Assets Purchases Additional 10,000 Mining Machines From Canaan
The order is to be completed by the end of the month.
China Starts Testing Digital Yuan for Salary Payments
China’s Xiong’an New Area, a district located approximately 60 miles southwest of Beijing and a testing ground for new economic ideas, will start allowing digital yuan for wage payments. “The Hash” team unpacks China’s ongoing pilot programs around the digital yuan and their possible impact on the global central bank digital currencies (CBDCs) markets.
Yunnan Mining Ban Clarified; Korean Exchanges Start ‘Coin Thinning’
Authorities clarify details on Yunnan mining regulation. Bitcoin mining difficulty hits the lowest level this year. Korean exchanges warn investors of caution over some cryptocurrencies. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
China’s Xiong’an New Area Begins Using Digital Yuan for Salary Payments
The country is testing the currency in different pilots.
