China Financial News

10.01 / 16:41

Law Adoption bills Bitcoin lawmaker Spanish lawmaker sees opportunity amid Kazakhstan’s Bitcoin mining collapse

Deputy for the Spanish Ciudadanos political party María Muñoz has proposed a bill to make Spain a Bitcoin mining hotspot following the internet shutdown that caused a mining outage in Kazakhstan.

10.01 / 16:41

Stablecoin Adoption App Store CBDC wallet tops mobile app store charts in China

The official digital yuan wallet app that was released as a pilot version to be used in select cities has still managed to top app store charts in its first week.

07.01 / 19:01

Ethereum regulation Bitcoin Withdrawals Customers Hong Kong-based Coinsuper allegedly blocks customers' withdrawals

A cryptocurrency exchange in Hong Kong has reportedly stopped all withdrawal requests, according to reports. Coinsuper is the sole crypto firm in China that is licensed by the government, and was founded by a former senior UBS Group AG executive in November 2017.

07.01 / 18:01

cryptocurrency Bitcoin Crypto miners Bitcoin price slumps as Kazakhstan Internet black-out hits crypto miners

The price of Bitcoin slumped on Friday to lows not seen since September as Kazakhstan, the second-biggest country for Bitcoin mining, lost Internet access amid the political upheaval over energy prices.

07.01 / 15:31

business Bitcoin Chinese crypto miner BIT Mining ‘unlikely’ to flee Kazakhstan: Report

Despite major internet blackouts amid anti-government protests in Kazakhstan, some Bitcoin (BTC) miners operating in the country are not planning to leave the country just yet.

07.01 / 12:41

business cryptocurrency Bitcoin Cryptocurrency update: Bitcoin plunges to its lowest since September 2021

Most popular cryptocurrency Bitcoin on January 7, 2022, plunged below $42,000, which is its lowest since September, 2021. Bitcoin touched $40,938, its lowest recorded since September 29.

07.01 / 12:13

markets Crypto Ed Bitcoin Bitcoin Price Bitcoin may pass $30K September lows, trader warns

Bitcoin (BTC) scooped liquidity at new lows on Jan. 7 as 2022 continued to deliver uninspiring price action.

06.01 / 18:41

Adoption Central Bank WeChat Winter Olympics WeChat Pay Interoperability is Another Key Breakthrough for Digital Yuan Pilot

Payment platform WeChat Pay began its own digital yuan journey, at the time when millions of Chinese citizens are getting their first taste of what life is like with a central bank digital currency (CBDC) – as citizens in some of the country's biggest cities began using a pilot version of a CBDC app.

06.01 / 17:31

business Blockchain Adoption Digital Currency Support Major payments app WeChat to add support for China's digital yuan

WeChat, China's largest messaging app and one of the country's most popular payment services, will start supporting the Chinese government's digital currency.

06.01 / 13:25

Government Taxes Bitcoin Crypto trades in Thailand now reportedly subject to 15% capital gains tax

The government of Thailand is progressing in regulating the local cryptocurrency ecosystem by reportedly enacting new tax rules for the industry.

05.01 / 22:29

UPS China’s Unpredictable, Heavy-Handed Governance Threatens Growth

China enters 2022 with a bit less swagger than a year earlier. A roaring economic comeback then has since been tripped up by Covid-19 lockdowns, energy shortages and a cooling property market. Declining births and worsening international relations cloud the longer-term outlook.

05.01 / 19:23

Digital Apple Tencent China's digital yuan wallet arrives in Android and Apple app stores

The wallet app has so far been available on an invitiation-only basis, but its arrival on the app stores signals the central bank's determination to seed the technology across the population ahead of the showcase Winter Olympic games in Shanghai next month when it will compete for traction against the dominant commercial payment apps from Ant Group and Tencent.

05.01 / 18:55

cryptocurrency Crypto Trading Crypto Exchange Countdown18 days||Asian-Pacific Meta Universe New Era Summit

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

05.01 / 16:33

Europe’s Trade Czar Walks Line Between U.S. and China

BRUSSELS—For Europe’s top trade and economic official, the past year was largely about undoing damage. Now the agenda shifts to building anew, which promises to be more difficult.

05.01 / 13:53

Digital Apple Tencent China's digital yuan wallet arrives on the Android and Apple app stores

04.01 / 19:55

business Bitcoin mining manufacturer Canaan expands footprint in Kazakhstan

Bitcoin (BTC) mining hardware manufacturer Canaan Inc is expanding its footprint in Kazakhstan after signing new strategic partnerships with multiple crypto mining firms in the country.

04.01 / 19:21

Mining regulation Bitcoin Power Kosovar government halts crypto mining amid power crisis

The government of Kosovo has ceased crypto mining in the country owing to power constraints during the winter season.

04.01 / 14:39

Draghi and Berlusconi among those touted as Italy's next president

Italian lawmakers will elect the country's next president on January 24 with current prime minister Mario Draghi among the contenders.

04.01 / 14:37

Blockchain CBDC Bitcoin China’s central bank releases pilot version of digital yuan wallet

As China's central bank steps up its effort to create a digital currency, the country has released a pilot edition of its digital yuan wallet application on mobile phone app stores.

04.01 / 12:57

'Shattered spirits': Young and able leave Western Balkans in droves, Macedonian census shows

The Western Balkans is facing an emigration crisis.

04.01 / 12:57

debate MPs French MPs snub government by refusing overnight vaccine pass debate

French MPs refused to examine a bill transforming the country's COVID health pass into a vaccine pass overnight on Monday.