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Bitcoin Rises Minutes After China Announces Additional Tariffs on US

Bitcoin began an impressive price surge minutes after China announced that it would slap additional tariffs on US goods. Beijing said late Friday that it would increase taxes on $70 billion worth of US imports of between 5 and 10 percent. That…
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Chinese Cryptocurrency Wallet Data Shines Light Into the Mysterious Market

An interview with a representative from imToken, a Chinese digital currency wallet provider, has given rare insight into the cryptocurrency habits of the nation’s population. It appears that Chinese crypto asset enthusiasts have a tendency…
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Huawei CEO on Crypto: China Should Issue Its Own Libra

The past few weeks have been an absolute flurry for the crypto space. Facebook’s launch of Libra awoke something in the public, forcing anyone and everyone to take note of this budding industry. Related Reading: Fresh Bitcoin Uptrend May Start…
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Analyst Says China’s Central Bank Will Implement Crypto in 20 Years

Blockchain Research Institute Chairman, Don Tapscott predicts China’s central bank will digitize their national currency within twenty years. In an interview with Bloomberg Technology, Tapscott said the Chinese acknowledge crypto as an…
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China Scare, Bitcoin (BTC) Mining Ban? Bulls to Overcome

Bitcoin prices stable above $5,000 NDRC of China propose Bitcoin and cryptocurrency mining China’s National Development and Reform Commission (NDRC) of the opinion cryptocurrency and Bitcoin (BTC) rigs don’t adhere to relevant laws and…
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Bank of China Joins New Blockchain Platform for Property Buyers

Property development firm New World Development and the Hong Kong Applied Science and Technology Research Institute (ASTRI) will jointly launch a blockchain platform for home buyers with the Bank of China reportedly being the first bank user.…
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Bitcoin VC: China Tax Reform Could Help Crypto Assets “Bloom”

Since Bitcoin (BTC) established a new all-time high in late-December 2017, the cryptocurrency market has faltered. Since that fateful month, the broader asset class has posted losses that would even make gamblers cringe, as the value proposition…
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Hong Kong Blockchain Startup Hires China’s Bitcoin Evangelist After He “Quits”

Although China has continued to relentlessly clamp down certain subsets of the crypto industry, the nation’s blockchain scene continues to swell at an unbridled pace, backed by hotshot entrepreneurs, billions in Renminbi (China’s…
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Binance Branching Out, Invests $3 Million in US OTC Crypto Trading Platform

The massive crypto rout this week has not tempered the expansion plans of the world’s largest exchange. Binance recently announced that they were planning to invest into an over the counter trading desk called Koi Trading. Building Freedom…
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Another Warning From China’s Central Bank on Cryptocurrency Risks

Very few positive stories come out of China with cryptocurrency in the headlines. This one is no different as the central bank has continued with its rhetoric over the risks of dealing with digital currencies. Same Old Story; Crypto Bad, Blockchain…