Category: China Bitcoin


Sichuan Energy Officials Plan to Meet in June to Discuss Bitcoin Mining Implications


Sichuan Energy Officials Plan to Meet in June to Discuss Bitcoin Mining ImplicationsEver since government officials in China started talking about cracking down on bitcoin mining and reiterating crypto guidelines from 2017, digital currency proponents and the media have been focused on this region. Just recently, a Chinese state-backed online publication revealed that the Sichuan Energy Regulatory Office plans to hold a meeting on June 2, 2021, […]


Beijing Is Collecting Data From Local Datacenters Involved in Cryptocurrency Mining Activities


Beijing's Government Is Collecting Data From Local Datacenters Involved in Cryptocurrency Mining ActivitiesAuthorities in Beijing have been conducting checks on cryptocurrency mining datacenters to assess and understand its energy consumption and thus the impact on the electric infrastructure. Although it was reported as a rumor by international media outlets, Chinese state media confirmed it. Authorities Sent an ‘Emergency Note’ to Three Biggest Telecom Operators As first reported […]


Chinese State Media Surprises With Forecast of Bitcoin Outshining Gold


Chinese State Media Surprises With Forecast of Bitcoin Outshining GoldChinese state-operated media outlets keep adding cryptocurrencies — specifically bitcoin — on their reporting agenda. Lately, they have been replicating bitcoin predictions that are surprising in some way to the crypto community due to the number of mentions on the matter since several months. China’s CCTV: Bitcoin’s Bull Market Could Outshine Gold This time, CCTV, […]

The post Chinese State Media Surprises With Forecast of Bitcoin Outshining Gold appeared first on Bitcoin News.


Bitcoin Slips in Latest Crypto Ranking by Chinese Government-Backed Center


Bitcoin Slips in Latest Crypto Ranking by Chinese Government-Backed CenterChina’s Center for Information and Industry Development has revised its rankings of 37 crypto projects. Bitcoin has fallen from the previous ranking. As the Chinese government focuses on launching its central bank digital currency, the Center for Information and Industry Development (CCID), under China’s Ministry of Industry and Information Technology, continues to evaluate and rank […]

The post Bitcoin Slips in Latest Crypto Ranking by Chinese Government-Backed Center appeared first on Bitcoin News.


Chinese Court Rules Bitcoin Is Asset Protected by Law


Chinese Court Rules Bitcoin Is Asset Protected by LawA court in Shanghai, China, has reportedly ruled that bitcoin is an asset protected by Chinese law in a case that has dragged on for years. The case involves a theft of two types of cryptocurrencies, one being bitcoin, from an American. The defendants argued that bitcoin was not recognized under Chinese law; the court […]

The post Chinese Court Rules Bitcoin Is Asset Protected by Law appeared first on Bitcoin News.


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