Category Archives: China

Thailand SEC Requires Crypto Exchanges to Comply Revised Rules

Thailand SEC

Offers in Asia-Pacific were blended in Monday exchange, with different significant business sectors in the locale shut for occasions. Thailand has become the most recent country in Asia, after China, to limit exchanging the profoundly speculative digital currencies and the non-fungible tokens (NFTs). The Thai Securities and Exchange Commission (SEC) gave new guidelines that boycott particular kinds of advanced coins, […]

» Read more

China Cracks Down on Money Laundering, Arrests 1,100 People

China Money Laundering

China has captured more than 1,000 individuals for utilizing the benefits from wrongdoing to purchase cryptographic forms of money, security authorities said, as a feature of a developing crackdown on the business. The country’s Bitcoin mines power almost 80% of the worldwide exchange digital currencies, in spite of the fact that exchanging in China is restricted China’s crackdown on digital […]

» Read more

China Blocks Crypto-Related Social Media Accounts as Part of Crackdown

China Social Media

A large number of crypto-related records in China’s Twitter-like Weibo stage were obstructed over the course of the end of the week, as Beijing ventured up a crackdown on bitcoin exchanging and mining. More activities are normal, including connecting unlawful crypto exercises in China all the more straightforwardly with the country’s criminal law, as indicated by examiners and a monetary […]

» Read more

China Tightens Crypto Regulation, Cracks Down on Bitcoin Mining

China Bitcoin Mining

China’s most recent move to fix cryptographic money guidelines is definitely not another turn of events as per Paul Mackel, worldwide head of FX research at HSBC. “There’s been some messaging there for some time. This is not a new development, as far as I’m concerned, they’ve been more cautious on cryptocurrencies,” he said. He added that Beijing’s new endeavor […]

» Read more

Asian Markets Mixed after Crypto Prices Decline Further

Asian Markets Mixed

Offers were mixed in Asia after benchmarks shut comprehensively lower on Wall Street in a third day of retreat. The cost of bitcoin and other cryptographic forms of money declined further. Stocks rose in Tokyo and Sydney however fell in Hong Kong and Shanghai. Japan’s administration revealed that fares rose 38% in April from a year sooner while imports climbed […]

» Read more

Bitcoin Rebounds to $50,000 in Asian Trading after Elon Musk Tweet

Elon Musk Tweet

Bitcoin descended back to about $50,000 in Asian exchanging on Thursday subsequent to plunging as much as 17% after Elon Musk tweeted Tesla Inc. had quit tolerating bitcoin to buy its vehicles because of environmental concerns. The cost of the world’s biggest digital money dropped from around $54,819 to $45,700, its lowest since March 1, in just shy of two […]

» Read more

South Korean Gaming Giant Nexon Buys $100m in Crypto

Nexon

Organizations in Asia are starting to wager on cryptographic forms of money, with South Korean gaming giant Nexon following the lead of organizations, for example, Tesla and advanced installments expert Square, with a $100 million allotment into bitcoin. On April 28, Nexon said that it has moved a piece of its money into the digital currency, buying 1,717 bitcoins at […]

» Read more
1 2 3 32