Category Archives: China

Bitcoin Breaches 8000, Asian Countries Recognize Advantages

Bitcoin Asia

Bitcoin saw an inversion of its low esteem and not just achieved its past highs. It has since seen its value bounce over the $8,000 mark with highs of $8,100, with various new records. The Bitcoin value has since retreated down to exchanging at 7,900-8,000 yet this seems to be impermanent. Of course, inquiries have emerged from this, and interest […]

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South Korea Embraces Cryptocurrency Like No Other with Physical Centers

Bitcoin Korea

One of the biggest cryptographic money trades on the planet lies on the fifth floor of a generally dull working place in Gangnam, one of Seoul’s principle financial areas, lies a 200 plus staff call center working round the clock in four dialects. In the room adjacent anticipate four experts prepared to serve the normal 200 clients that get through […]

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Bitcoin Exchanges’ Business Models Make a Change in China

Huobi Okex

Some of China’s best bitcoin trades are currently moving to the over-the-counter (OTC) showcase in the wake of a crackdown by controllers in the nation. In declarations made last month, both OKEX and Huobi Pro said they will acquaint peer-to-peer exchanging stages that help fiat money exchanges, including the Chinese yuan, as an option for the nation’s household digital currency […]

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China’s Crypto Market Endures as Traders Sidestep Bitcoin Exchanges

China Bitcoin

Weeks subsequent to Beijing prohibiting fundraisers via initial coin offerings (ICOs) and a few trades reporting they would close on orders from experts, brokers say the crypto market is perfectly healthy. Referring to industry insiders, brokers have moved to purchase and offer the cryptographic money straightforwardly on distributed commercial centers and emissary applications. Abroad-based ICOs are likewise purportedly being showcased. […]

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Bitcoin Crashes after Chinese Exchanges Intend to Stop Trading

China Stops Bitcoin Exchanges

Bitcoin fell for a fifth day, the longest losing streak in over a year, after one of China’s biggest online trades said it would quit dealing with exchanges before the month’s over in the midst of an administration crackdown on digital forms of money. China’s national bank still can’t seem to react to inquiries concerning bitcoin’s future in the nation […]

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Chinese ICO Ban Means Great Things for CryptoPay

Cryptopay

Asia has been a central hub for cryptocurrency growth and ICO creation. A substantial portion of Bitcoin mining occurs in Asia. In fact, over 70% of all Bitcoin mining occurs in China alone with other Asian countries contributing small but additional percentages. ICOs have also been a huge industry in Asia. South Korea, China, and Japan have produced a large […]

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Asia is Flying Away with Implementation of the Blockchain Technology

Blockchain Asia

Blockchain technology is developing at a very fast rate and its adoption is becoming significant as governments across the globe are showing reasonable concern towards the technology. Governments are showing interest in blockchain Government cooperation towards blockchain is notable especially across Asia where countries like Japan, Russia, China, South Korea, India have already shown major signs of recognition of the […]

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China’s Fosun Puts Resources into Local Bitcoin Tech Blockchain

Fosun

Fosun is China’s biggest private aggregate and one of its most dynamic financial specialists. It affirmed the most recent venture shut a month ago and said the sum was countless yuan. It has made an entry into the blockchain with an interest in the Shanghai startup behind Onchain. It declined to expound. The blockchain includes making perpetual, open records of […]

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Chinese Investors See Big Opportunities with Bitcoin

China Bitcoin

Many Chinese investors have not been phased by the government’s opposition to the cryptocurrency market. Guardian reporter Amy Hawkins interviewed three successful bitcoin traders that are making good money from bitcoin, in spite of the state’s efforts to shut them down. One bitcoin traders states that the government’s efforts to ban bitcoin have been largely unsuccessful. “I’m not sure it’s […]

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