China Blockchain Research

Jan

China’s e-CNY wallet hits the app stores, but does it matter?

Earlier this week the People’s Bank of China e-CNY digital wallet showed up on Android and Apple App stores in China in what appears to be the government’s next push to get people to use the somewhat underused digital currency. Previously, the PBOC’s e-CNY digital wallet app was only available…

Jun

China Blockchain Research

The walls close in on China’s bitcoin miners

Bitcoin mining was one of the last vestiges of China’s experimentation with decentralized virtual currency. Until recently, China was the world’s bitcoin mining center. For the crypto faithful (and the agnostics who profited from mining), it was great while it lasted. But now regulators have decided mining in China should…

May

China Blockchain Research

What are the implications of China’s bitcoin mining crackdown?

It was only a matter of time before bitcoin mining landed in China’s crosshairs. Beijing identified decentralized digital currency as a systemic financial risk in 2017 – for its use in skirting capital controls and links to money laundering – and promptly hobbled key parts of the crypto ecosystem, shutting…

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China Blockchain Research