Coinbase and cryptocurrencies viewed cynically on Chinese social media, and news of a large mining GPU smuggling bust in Hong Kong.
Macau’s government is taking steps towards introducing a digital currency to combat tax evasion and money laundering in the gambling hub.
However energy consumption has not matched the 170X price increase over the same period.
Here’s what crypto and blockchain industry experts from China think about the digital yuan and how it has affected the blockchain space.
The Chief Marketing Officer a blockchain security company has been charged with embezzlement; Peter Thiel calls Bitcoin a ‘weapon’ of China (but no one cares), and CZ’s net worth rises to $1.9 billion.
Carter argues that mining is concentrated in areas where there is an excess of energy.
The People’s Bank of China intends to enable anonymous digital yuan transactions of small amounts in order to protect “reasonable” anonymity needs.
NFT mania is reaching Asia as one of the region’s most popular social media influencers is set to tokenize a series of videos.
Chinese tech company Meitu has dropped another $50 million on ETh and BTC, taking its total holdings up to $90 million.
Some Republican members of the House Financial Services Committee want to look into Reddit’s ties to Chinese tech conglomerate Tencent and Robinhood rival Moomoo.