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China Will change its stance against crypto coins?

China Will change its stance against crypto coins?

Chinese legislative bodies continue to be repressive in the Blockchain and crypto money regulations. In the past, China had displayed a firm stance against the crypto coins. Crypto money exchanges were banned, crypto money was difficult to buy and sell, ICOs were blocked. In China, a new Blockchain arrangement has…
Latest index of 2018 released: Best crypto coins according to the index

Latest index of 2018 released: Best crypto coins according to the index

The Chinese Information Industry Development Center (CCID) has published the eighth of the Blockchain technology assessment index it has prepared every month since May. The China Information Industry Development Center (CCID), an affiliate of China's Ministry of Industry and Information Technology, released the eighth of the Global Publicly Open Blockchain…
Crypto money miners leave China

Crypto money miners leave China

Crypto money miners are among the first to be influenced by the recent wave of sales in the crypto money market. Many crypto money miners shut down their devices because of falling prices. This resulted in a significant reduction of the bitcoin's hash rate. According to CoinShares' latest report, crypto money miners in China…
Some Bitcoin mining farms in China stopped operations

Some Bitcoin mining farms in China stopped operations

The activities of some crypto money mining farms in China have been suspended due to tax and other various legal reviews. An anonymous miner told reporters that the relevant government agencies had asked for the stop of their operations from November 5, when some mining farms in Guizhou province in…
China’s latest Blockchain index released

China’s latest Blockchain index released

The China Information Industry Development Center (CCID), an affiliate of China's Ministry of Industry and Information Technology, published the sixth edition of the Global Publicly Free Blockchain Technology Assessment Index, which has been published every month since May 2018. According to the technological criteria in the last index, Bitcoin declined to the…
Bitcoin and other crypto coins in China are legally acceptable

Bitcoin and other crypto coins in China are legally acceptable

With a court decision in China, Bitcoin was recognized as a property and this allowed Chinese vendors to accept legally crypto coins. According to CnLedger, a reliable source of crypto money developments in China , sellers in the country can accept crypto coins as a legal means of payment. Shenzhen International Court…
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