Chinese State Media Accuses ICOs and Exchanges of Defying Crackdown

Chinese state media outlet, Voice of China, has published reports criticizing the efforts of Chinese cryptocurrency exchanges and initial coin offerings (ICOs) to continue operations in spite of the central government’s 2017 crackdown. Also Read: Markets Update: BTC Resistance at $10,000 Holds, Gains Dwarfed by Alternative Markets State Media Criticizes Cryptocurrency Exchanges’ Defiance of Crackdown Voice … Read more

‘Coindaddy’ Another Crypto-Rapper Rhymes About Bitcoin Life

Just last month news.Bitcoin.com chatted with the hip-hop artist ‘Lil’ Windex’ the Canadian rapper who made headlines last month for his rhymes about bitcoin cash. Now there is another rapper, from San Francisco, called ‘Coindaddy,’ an artist who has been coined a “Weird Al Yankovic” of cryptocurrency rap. Also read: An In-Depth Interview With Rob Hustle … Read more

China’s Position on Crypto Likely to Harden Under New PBOC Governor

China’s cryptocurrency markets have witnessed a number of significant events in recent weeks, including affirmation from the People Bank of China (PBOC)’s new governor, which will likely intensify the country’s crackdown on cryptocurrency. Also Read: Chinese Merchants in Moscow Convert Most of Their Cash to Crypto  New PBOC Governor Reaffirms Stern Position Regarding Cryptocurrencies Whilst attending … Read more

PBoC Continues Its Crackdown on Cryptocurrencies in Aggressive Fashion

China remains a very interesting place when it comes to cryptocurrencies. Although the People’s Bank of China has made CNY-based trading impossible, the Bitcoin price hasn’t suffered too much as a result. In fact, the Bitcoin price showed some signs of life this week, even though the PBoC plans a further crackdown. PBoC Isn’t Letting Cryptocurrencies Breathe The … Read more

PBOC Plans to Continue “Rectifying Cryptocurrency Activity” in China

Last year the Chinese government cracked down on initial coin offerings (ICO) and stopped all domestic cryptocurrency exchanges from dealing with the renminbi. According to local reports and the central bank’s recent ‘2018 agenda,’ the People’s Bank of China aims to finish what it started in 2017 by “rectifying” all virtual currency operations, introducing new … Read more