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Why 74% of Chinese Crypto Miners Are Having Difficulty Paying Their Electricity Bills
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Why 74% of Chinese Crypto Miners Are Having Difficulty Paying Their Electricity Bills

Crackdown on money laundering and fraud in the Chinese crypto space has seen cryptocurrency miners pay the price, as cards linked to crypto have been frozen.

Chinese Police Put MicroBT CEO Under Microscope Over Alleged Dispute With Bitmain
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Chinese Police Put MicroBT CEO Under Microscope Over Alleged Dispute With Bitmain

Chinese Police have just resumed its investigation of intellectual property infringement involving Yang Zuoxing, CEO of Shenzhen Bit Microelectronics Technology and Bitmain.

Chinese Central Bank Approves the City of Chengdu for its FinTech Innovation Pilot
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Chinese Central Bank Approves the City of Chengdu for its FinTech Innovation Pilot

The Chinese central bank, People’s Bank of China has recently approved the city of Chengdu to carry out fintech innovation supervision pilots.

Buy Us Out: Majority of Chinese Blockchain Companies Don't Develop or Even Use Blockchain Technology
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Buy Us Out: Majority of Chinese Blockchain Companies Don't Develop or Even Use Blockchain Technology

Blockchain companies have become a hot property in China over the last few years, and the rise in company registrations really surged following Chinese Leader Xi Jinping announcment last October that the country must strive to become the global blockchain leader.

Chinese Telecommunications Giant ZTE Collaborates with China Mobile to Publish Blockchain and Edge Computing White Paper
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Chinese Telecommunications Giant ZTE Collaborates with China Mobile to Publish Blockchain and Edge Computing White Paper

Chinese multinational telecommunications giant ZTE has partnered with China Mobile, along with the Chinese Ministry of Industry and Information Technology Laboratory, and Peking University to publish a “blockchain and edge computing whitepaper.”

Cryptos Confiscated from $4.2 Billion PlusToken Scam Likely Sold by Chinese Police, says Journalist Colin Wu
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Cryptos Confiscated from $4.2 Billion PlusToken Scam Likely Sold by Chinese Police, says Journalist Colin Wu

China’s crypto journalist Colin Wu believes that Chinese police have sold cryptocurrencies seized from the $4.2 billion PlusToken Ponzi crackdown.

United States Moves Forward With Crypto Regulation
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United States Moves Forward With Crypto Regulation

Two new crypto-related bills were discussed among the House Agriculture Committee this week as the United States moves forward with crypto regulation.

China's Central Bank and Watchdogs Meet with Jack Ma and Ant Group Execs following Regulation Criticism
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China's Central Bank and Watchdogs Meet with Jack Ma and Ant Group Execs following Regulation Criticism

Ant Group founder Jack Ma and the firm’s top executives met with PBoC and three financial regulators as China published new draft rules for online micro-lending.

Chinese Police Discover Illegal Bitcoin Mining Activity in Mysterious Graves
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Chinese Police Discover Illegal Bitcoin Mining Activity in Mysterious Graves

Police in China recently discovered illegal Bitcoin mining, which was buried underneath a local cemetery. Power losses within the area caused the initial suspicion. A Chinese oil field company submitted a tip to the local police requesting them to investigate suspicious power losses in the northern city of Daqing, Heilongjiang province. The police officers arrived at the scene and spotted mysterious two grave mounds lying in the field.

China Tightens Regulation on Tech Industry, Sinking Alibaba and Tencent Stocks on Single’s Day
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China Tightens Regulation on Tech Industry, Sinking Alibaba and Tencent Stocks on Single’s Day

China's regulatory clampdown on the technology industry has resulted in Chinese tech shares' underperforming on the stock market.

President Biden Freezes Mnuchin's Controversial Proposed Regulation on Unhosted Crypto Wallets
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President Biden Freezes Mnuchin's Controversial Proposed Regulation on Unhosted Crypto Wallets

FinCEN’s controversial regulation proposal on “unhosted” crypto wallet has been effectively frozen by President Joe Biden as his administration takes office today.

Chinese Yuan Poised to Become the World’s Third Largest Reserve Currency by 2030—Is DCEP Part of the Plan?
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Chinese Yuan Poised to Become the World’s Third Largest Reserve Currency by 2030—Is DCEP Part of the Plan?

Morgan Stanley analysts are predicting that the Chinese yuan will become the third-largest reserve currency in the world, is the DCEP part of the plan?

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