China

China has been an important player in the cryptocurrency ecosystem, sprouting a number of active cryptocurrency exchanges and hosting a significant volume of Bitcoin mining operations. The recent crackdown on trading and mining by the Chinese government, however, created tension in the global cryptocurrency market.

 

Yuri MolchanYuri Molchan

$30 Mln in Tether Sent From Russia to China Daily to Avoid Capital Controls

Chinese importers prefer to send funds from Russia back home in USDT (Tether) through OTC traders – up to $30 mln every day, to avoid capital controls
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$30 Mln in Tether Sent From Russia to China Daily to Avoid Capital Controls
Alex DovbnyaAlex Dovbnya

Tron CEO Justin Sun Shrugs Off Money Laundering Accusations While TRX Price Plummets 20 Percent

Justin Sun attempts to save his face after damning accusations, but the TRX price continues to bleed 
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Tron CEO Justin Sun Shrugs Off Money Laundering Accusations While TRX Price Plummets 20 Percent
Yuri MolchanYuri Molchan

Libra Coin’s Upcoming Launch Pushes China to Working on Its Own Central Bank Crypto

🇨🇳🏦A representative of China’s central bank warns that Libra could threaten cross-border payments in China, therefore the bank is looking into making its own crypto
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Libra Coin’s Upcoming Launch Pushes China to Working on Its Own Central Bank Crypto
Alex DovbnyaAlex Dovbnya

Another Bitcoin Price Pump Is Expected as Trump Escalates Economic Tensions with China

Donald Trump and his economic power moves are exactly what Bitcoin needs to continue its parabolic price growth
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Another Bitcoin Price Pump Is Expected as Trump Escalates Economic Tensions with China
Alex DovbnyaAlex Dovbnya

Bitcoin Miners Are Flocking in Droves to This Region Because of Cheap Hydro Power  

The summer rainy season is almost here in Sichuan, and that means that it will be soon occupied by Bitcoin miners who want to boost their profits
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Bitcoin Miners Are Flocking in Droves to This Region Because of Cheap Hydro Power  

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