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New regulations looming for bitcoin trading in China

Beijing is expected to issue new rules for bitcoin trading in China next month as the cryptocurrency’s price on the country’s trading platforms keeps hitting new highs. According to ... Read More

China’s new bitcoin rules call for identity check

China’s central bank is moving to regulate its domestic bitcoin industry, circulating new guidelines that, if enacted, would require exchanges to identify clients and adhere to banking regulations. Recent ... Read More
A sticker that reads "Bitcoin accepted here" is displayed at the entrance of the Stadthaus town hall in Zug

Bitcoin plunged suddenly by more than $100 in a matter of minutes

Bitcoin plunged by more than $100 in a matter of minutes on Tuesday morning. The cryptocurrency was down about 1.5% at $1,260 a coin just after 6 a.m. ET ... Read More
Bitcoin Price - China

How China Influences Bitcoin Price, Explained

1.Why has Bitcoin price become volatile again? The short answer to that question is China. On Feb. 9, 2017, Bitcoin price has plunged by more than 9%. The fall ... Read More

PBOC Unveils Plans To Create Blockchain-based RMBCoin

Even though China is not a big fan of Bitcoin, they see the merit of digital currencies. In fact, the PBOC has been working on RMBCoin, a national digital ... Read More

Bitcoin Extends Loss After China’s Central Bank Warns Investors

PBOC officials tell bitcoin platform to rectify issues Bitcoin surged 120% in 2016 as yuan depreciation quickened Bitcoin extended Friday’s tumble amid concern China will tighten rules on the ... Read More

Yuan Set for Biggest Weekly Drop Since January as Pressures Rise

Decline in exports supports case for further depreciation: ANZ Chinese currency retreats as dollar climbs on Fed rate bets China’s yuan headed for the biggest weekly decline since January ... Read More

PBOC Boosts Weekly Injections as Yuan Climbs Amid Stability Bets

Yuan interbank rates in Hong Kong surge before China holidays Monetary authority pumps in $57.7 billion, most since April China’s central bank boosted its cash injections to a five-month ... Read More

Moscow & Shanghai seek to dominate gold trade

The Bank of Russia and the People’s Bank of China want to create a joint platform that would unite gold trading by the world’s two biggest gold buying countries. ... Read More

This Is How They Fool Us, China Edition

      So it seems that China’s economy, caught in the grip of a credit crisis just a few months ago, is all better. And so, by extension, ... Read More
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