Author Archives: Coin News Asia

How Does Hong Kong’s National Security Law Affect Crypto Firms?

Hong Kong National Security Law

Blockchain innovation has been around throughout recent years, and keeping in mind that once every now and again condemned for its promotion, it is at long last (assuming mindfully) being conveyed in supporting different ventures – including the developing fintech division in Hong Kong.  As innovation keeps on upsetting the account segment the world over, blockchain innovation has included another […]

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How Difficult Is It for Digital Yuan to Displace Tether?

Digital Yuan Tether

China’s national bank advanced money (CBDC) is normally distinguished as an approach to challenge the strength of the US dollar, not bitcoin (BTC). In any case, it might battle to discover reception in specialties where crypto variants of the dollar like Tether (USDT) flourish.  At the Unitize Decentralized Digital Conference, Charles Yang from Genesis Block clarified why the DCEP, ordinarily […]

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Crypto Lender BlockFi Monthly Revenue Doubled after Bitcoin Halving

BlockFi

BlockFi, a supplier of crypto-upheld loaning items, said it saw a doubling in month to month income since its most recent $30 million Series B subsidizing in February. Despite the fact that it didn’t uncover the specific figures, the New York-based crypto loan specialist said it is on target to create $50 million in income throughout the following year.  BlockFi […]

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China Wants to Track All Digital Yuan Transactions

Digital Yuan

China’s digital currency aspirations are unprecedented and unparalleled. The first because not many critics pinned their hopes that the Far East giant will be the beacon holder for blockchain technology. The second since no other nation is close to China’s progress in terms of digital currency development. However, the advancement of disruptive technology is not China’s reason to spearhead the […]

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Chinese Police Freezes Thousands of Crypto Trader’s Bank Accounts

Chinese Police

A few thousand accounts having a placement with digital money merchants have supposedly been frozen by Chinese police because of a broad crackdown on illegal exercises. A police test has discovered a significant number of the frozen records are connected to tax evasion and other illegal exercises, so have properly chosen to close them.  Guangdong, the region which holds innovation […]

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Iran Politicians Eye Bitcoin as Viable Economic System Driver

Iran Politician Bitcoin

This week Iranian administrator, delegate Mohammad Hossein Farhangi (Tabriz) added to another occasion of government officials seeking the business, as indicated by the Tasnim news office.  On Tuesday, Farhangi addressed the national parliament approaching the Governor of the Central Bank of Iran, Abdolnaser Hemmati, to investigate Bitcoin. This is on the grounds that Bitcoin is an “good opportunity for the […]

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What Does the China vs US War Mean for a Post-Coronavirus World?

US vs China

The relationship between the United States and China is getting worse every day. And a cold war cannot come at a worse time. The financial markets are singing victory, because they think that the worst is behind. Financial markets are an extremely imperfect benchmark. Markets collapsed in late March due to concerns about the coronavirus, but the real impact of […]

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Chinese Police Uncovers Illegal Bitcoin Mining Sites in Tombs

Bitcoin Mining Daqing

China’s administration has been taking a hard position against a few parts of the digital money industry for a considerable length of time, however as of late began a battle against mining. Nonetheless, another disclosure could solidify Beijing against the movement and power enduring enactment against it. The local trusted English-language news outlet’s May 31 report said officials found the […]

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