Government Law Enforcement Lawsuit

China Ranks Cryptocurrencies – Ethereum Tops the List, Bitcoin Flops

People’s Republic of China (PRC) belongs to the first governments to regulate Bitcoin and other cryptocurrencies. China is the first country to come out with an official government crypto ranking so far. Three filters were used by China Center for Information Industry Development (CCID) on how coins would be classified, namely used innovation, technology, application. […]

Crypto Exchange Crypto Trading

China Regulations: China Restricts Access to Foreign Cryptocurrency Trading

China is taking its last crackdown on digital currency markets as it moves to block all websites, both domestic and foreign associated with crypto trading and Initial Coin Offering (ICOs). Financial News, a newspaper run by the China’s central bank reported that additional regulations are being considered by the authorities. The state funded news website, […]

Cryptocurrency Uncategorized

Unconfirmed Reports From Local Sources: Alibaba Launches Crypto Mining Platform amid China’s Crackdown

Author – Sam Reads, United Kingdom. Local sources of unconfirmed reports state that a Chinese tech giant and e-commerce conglomerate has launched a surprising cryptocurrency mining platform. A local Crypto News Service provider Alibaba registered the P2P Nodes in mid-October 2017. The terms of service highlighted for the platform registration was that the main operating […]