Not exact matches
In addition to causing turmoil in the
cryptocurrency market, the PBoC's determination may spell trouble for token - based
companies with
Chinese ties as regulators increasingly scrutinize their activities.
From an official point of view, China is very against
cryptocurrencies and the
Chinese government has prohibited its citizens from investing in crypto
companies.
In a testament to the ability of
cryptocurrency companies to withstand government attempts to shut them down,
Chinese cryptocurrency exchanges are not just surviving — they are thriving.
«We are vehement to enhance our
cryptocurrency preparation height with the launch of Bitcoin Trading Academy, a cutting - edge
cryptocurrency trade preparation core which follows the
Company's successful November 2017 launch of newcoins168.com, a
Chinese denunciation
cryptocurrency and blockchain record news and information site.
Sponsors and supporters of the event include prominent figures and firms in the blockchain and fintech space, including Digital Currency Group, a venture capital
company focusing on the digital currency market, ether.camp, CHBTC, Dianrong, Gingkoo, as well as
Chinese cryptocurrency exchange platforms BTC38 and 33.
Yet, the comment is notable given recently reported measures taken by
Chinese authorities to clamp down on domestic
cryptocurrency companies.
BitKan, a
Chinese data service provider for
cryptocurrencies, announced on Friday that its second funding round — the Series B funding — had successfully raised another $ 10 million for the
company.
Thirteen
Cryptocurrency Exchanges in Japan have now joined
Chinese heavyweight OKCoin a
company based in China which emerged as the largest Bitcoin exchange worldwide in the year 2016 while reporting they will end or stop the exchanging from July 31 to shield clients from the conceivable aftermath.
Samsung Electronics recently entered into a contract to manufacture specific - use
cryptocurrency mining hardware in order to supply an unnamed
Chinese company, growing competition in a monopolized market.
Earlier this year, Samsung Electronics entered into a contract to manufacture specific - use
cryptocurrency mining hardware in order to supply a
Chinese company, growing competition in a monopolized market.
Samsung has revealed that it's working on creating specially designed processors for a
Chinese cryptocurrency mining
company, which the South Korean tech giant expects will boost its 2018 earnings significantly.
Companies like IBM and Visa are clamoring for employees with blockchain skills, while the
Chinese and Russian governments hire
cryptocurrency experts to help create their own tech - savvy national currencies and economic policies.
China's Bitmain Technologies is eyeing bitcoin mining sites in Quebec, a
company spokesman told Reuters, as expectations of a potential
Chinese crackdown on
cryptocurrency mining make the energy - rich Canadian province an attractive alternative.
The post
Chinese Cryptocurrency Mining
Company Plans to File IPO Outside of China appeared first on Bitcoinist.com.
OKCoin, the popular
Chinese cryptocurrency exchange, and blockchain security
company BitGo today announced a new partnership bringing BitGo's industry leading enterprise wallet and treasury management tools to the OKCoin consumer wallet with testing for future use on the OKCoin Exchange.
Binance is a recently founded
Chinese based
company, created by professionals with plethora of experience in the
cryptocurrency space.
Tech giant Samsung has reportedly entered into a contract to manufacture specific - use
cryptocurrency mining hardware in order to supply an unnamed
Chinese company, growing competition in a monopolized market.
As recent events have attested, China hasn't been particularly friendly towards
cryptocurrencies, and this has created large obstacles for blockchain
companies trying to penetrate the
Chinese market.
Three US - based lenders decided not to accept credit card payments for
cryptocurrency purchases, while news from China said the country will enforce its exchange ban on international
companies that still support
Chinese traders.
The
company has faced an uphill battle to grow since being effectively ousted from their homeland base in Shanghai, China in September due to
Chinese government banning
cryptocurrency trading in the country.
Cheetah Mobile (CMCM), a
Chinese mobile Internet
company headquartered in Beijing today announced the release of its new secure mobile
cryptocurrency wallet, called SafeWallet.
The
company reacted to the
Chinese ban by shifting focus to international markets, including Korea — where it recently opened OKCoin Korea and expects to enable over 60
cryptocurrencies to be traded against the Korean won.
According to Manitoba Hydro, the
company has received over 100 inquiries from
cryptocurrency miners in the past three months about specific sites, including from North American brokers representing
Chinese investors.
Researchers from
Chinese Cybersecurity
company 360Netlab has discovered a new Android - based
cryptocurrency mining malware that infects vulnerable Android devices to mine
cryptocurrency, as reported in a blog post from the firm on Feb. 6.
China previously banned bitcoin by barring
Chinese financial institutions from associating with bitcoin
companies in 2013, and then shutting down
cryptocurrency exchanges in 2014.
While China is a top critic of
cryptocurrency and its trade, NEO continues to enjoy support from a
Chinese - based
company, conducting its business fully without interference from the government as long as it complies with China's regulations.
Chinese business magnate Jack Ma is confused by bitcoin and is not interested in learning more about the emerging
cryptocurrency asset class, even though his
company is pouring significant resources into...