China
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.
Week in Review: El Salvador's Currency Law and International Ramifications, U.S. Lawmakers Put Bitcoin on Trial, China's BTC Mining Crackdowns and More
Taking a look at this past week's stories making waves in the cryptocurrency space: El Salvador adopting bitcoin as legal tender, the IMF's cautious warning, and various U.S. lawmakers questioning bitcoin's volatility. Plus, an update on China's bitcoin mining crackdowns.
Chinese Province Cracks Down on Unauthorized (Not All) Bitcoin Mining
The Yunnan Energy Bureau stopped short of an all-out crypto mining ban.
