Category Archives: China

IDEG Expands Its Bitcoin-based Services to Asia

IDEG Investments Asia

IDEG Investment Ltd, an expert computerized resource board organization, declared on Nov 27 in Hong Kong the dispatch of Asia Bitcoin Trust I and Atlas Mining Trust I, two trusts structured as a conventional and agreeable route for ‘old cash’ to put resources into advanced resources.  Asia Bitcoin Trust I is an effectively overseen vehicle that offers certification and institutional […]

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Thai Officials Arrest Chinese Nationals Over Bitcoin Call Center Scam

Thailand Chinese Bitcoin Scam

Thai immigration authorities have captured 24 Chinese nationals who were purportedly running a digital currency scam call center in Bangkok’s Rama III neighborhood.  As indicated by an official declaration on December 2, the Immigration Bureau of the Royal Thai Police captured 24 people and held onto 61 workstations, 424 cell phones and a few switches. The Immigration Bureau said the […]

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Bitcoin Miners Are Dauntless Amid Bitcoin Price Dips

Bitcoin Miner

Earlier this month, China, which is among the greatest producers of bitcoin mining gear, has ruled against wiping out the mining of cryptocurrencies. The National Development and Reform Commission (NDRC) in April looked for popular assessment on a reexamined rundown of ventures it needed to support, limit or dispose of. Bitcoin mining was among the exercises on the rundown at […]

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Is HSBC Actually Encourage Bitcoin Adoption?

HSBC Bitcoin

Perhaps the best component of a decentralized blockchain is censorship resistance. With the cash in your financial balance, an outsider has authority over where and when you can send it. With Bitcoin, you can send cash to whatever address you like unafraid of government impedance. In any case, opportunity isn’t the regular request of the world. The battle against abuse […]

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Alibaba Claims Miscommunication over BTC Rewards App Lolli Partnership

Alibaba Lolli

Following ongoing reports of bitcoin rewards application Lolli striking a partnership with Alibaba, the shopping behemoth has denied the partnership with the startup. “One of Alibaba.com’s contractors hired a subcontractor who brokered an affiliate marketing program with Lolli. This was done without the knowledge of Alibaba.com,” said an Alibaba representative. “Alibaba.com’s contractor is terminating the relationship with the subcontractor who […]

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Alibaba Rewards US Customers with Bitcoin in Partnership with Lolli

Alibaba US Lolli

Alibaba and New York-based member retail startup Lolli have joined forces to give customers rewards paid in bitcoin when buying things on Alibaba’s web based business stages. Additionally, Lolli clients will profit by this motivation when they shop at the retail outlet. This association was declared yesterday in the midst of cheers from Alibaba and Lolli clients.  The up and […]

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China Decides Not to Crack Down on Bitcoin Mining

China Bitcoin Mining

China won’t get serious about bitcoin mining, authorities have affirmed in new records. Bitcoin startup Blockstream CSO’s Samson Mow and others in the business expressed that mining is never again on Beijing’s rundown of enterprises it sees as unwanted. The adjustment in status for the main computerized cash came through another version of China’s Industrial Structure Adjustment Guidance Catalog, which […]

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China Challenges US Dominance in Blockchain Tech

China US Blockchain

China has propelled a yearning exertion to challenge the US strength in blockchain innovation, which it could use for everything from giving computerized cash, to streamlining a heap of taxpayer driven organizations and following Communist Party dedication. The innovation got a vital underwriting from President Xi Jinping a week ago, a sign that the administration sees blockchain as a fundamental […]

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