Jan 31, 2022 · The People's Bank of China argues that its ban on cryptocurrencies is to curtail financial crime and prevent economic instability. However, China's cryptocurrency ban comes amid fears that cryptocurrencies were facilitating capital flight from its markets, bypassing conventional restrictions.

Dec 21, 2023 · China is pushing ahead with its development of non-fungible tokens (NFTs) and blockchain-based decentralized applications, according to a document published by China's ministry of industry...

Jul 24, 2024 · Recently, there have been rumors that Bitcoin in China will be "unbanned" - from unsourced tweets to backdoor insights about the Chinese Communist Party's plans for Bitcoin. …

Aug 23, 2024 · China was once the Bitcoin trading and mining capital of the world. However, the country's leadership struggled for several years to find ways to control cryptocurrency's spreading popularity...

Sep 24, 2021 · China's central bank has announced that all transactions of crypto-currencies are illegal, effectively banning digital tokens such as Bitcoin.

Sep 24, 2021 · China's most powerful regulators on Friday intensified a crackdown on cryptocurrencies with a blanket ban on all crypto transactions and mining, hitting bitcoin and other major coins and...

Sep 29, 2021 · China’s hostile stance regarding crypto dates back to Dec. 5, 2013, when the People’s Bank of China (PBoC), the Ministry of Industry and Information and other financial …

Sep 1, 2023 · In a surprising move, courts in China have ruled that cryptocurrencies are protected as legal property under Chinese law. This is despite an official ban on crypto trading and mining imposed in 2021.

Sep 24, 2021 · China's most powerful regulators have intensified the country's crackdown on cryptocurrencies with a blanket ban on all crypto transactions and crypto mining.

Jan 25, 2024 · More and more Chinese investors are using creative ways to own bitcoin and other crypto assets that they believe are safer than investing in crumbling stock and property markets at home.