A special economic zone in Guangzhou is following the lead of Beijing’s financial district in banning activities that promote cryptocurrencies.
Search Giant Baidu to Censor Crypto Discussions on Its Online Forum
Chinese search giant Baidu is joining Alibaba and Tencent in a move aimed to distance itself from cryptocurrency-related activities.
WeChat, Alipay to Block Crypto Transactions on Payment Platforms
WeChat Pay and Alipay are scrambling to keep up with regulators after recent announcements regarding initial coin offerings and cryptocurrencies.
Chinese Regulators Blast Crypto Fundraising in New Joint Warning
Six regulatory agencies in China have issued a warning against illegal fund raising and trading activities related to blockchain and cryptocurrency.
SEC Rejects 9 Bitcoin ETF Proposals
The Securities and Exchange Commission (SEC) has issued rejections to bitcoin exchange-traded fund (ETFs) proposals from ProShares, GraniteShares and Direxion.
Venues Banned from Hosting Crypto Events in Beijing’s Finance District
Commercial properties in downtown Beijing have been ordered not to provide venues for events that promote cryptocurrency.
Bitcoin Price Climbs $400 In 20 Minutes to Reach 2-Week High
Bitcoin, the world’s largest cryptocurrency by market capitalization has jumped 6.6 percent in quick succession pushing prices well above $6,600.
Energy Firm Discloses Major Crypto Losses Amid Blockchain Rebrand
A publicly owned firm chaired by a Chinese billionaire lost millions through crypto investments, yet it’s still seeking to rebrand around the tech.
XRP Cryptocurrency Now Down 90% From 2018 Price High
XRP, the world’s third-largest cryptocurrency by market capitalization, fell to its lowest price of 2018 on Tuesday.
Bulls Get Relief as Bitcoin Price Beats $6.5K Resistance
Bitcoin’s price rose above $6,500 today, offering some respite for the badly battered bulls.
XRP, Litecoin Fall to Lowest Prices Yet Seen in 2018
The price of XRP and Litecoin, two of the world’s largest cryptocurrencies, fell to new 2018 lows on Wednesday.
SEC Delays VanEck-SolidX Bitcoin ETF Decision to September
The U.S. SEC has delayed a decision on a proposed bitcoin ETF, pushing its final determination ahead by more than a month.
UBS: Bitcoin Is Too “Unstable and Limited” to Function as Money
UBS doesn’t believe bitcoin constitutes money or a viable asset class yet, but it could in the future.
Bitcoin Drifts Down as Price Breaks Below Key $7.8K Support
Bitcoin has broken the key support level at $7,800 as the bears take back full control of the market during an exhaustive sell-off.
What Volatility? How Facebook’s Historic Loss Became Crypto’s Gain
Facebook had a bad day in the market this week – and the crypto community quickly pounced.
US Lawmakers Want FinCEN Mandate to Explicitly Cover Crypto
A new bill facing the U.S. Congress would have FinCEN more closely examine the cryptocurrency space, according to public documents.
China’s Answer to Reddit Is Launching a Crypto Token
One of the oldest social networking platforms in China is launching its own crypto token in an apparent bid to boost declining user activity.
G20 Eyes October Deadline for Crypto Anti-Money Laundering Standard
G20 member countries are looking at an October deadline for reviewing and implementing a global AML standard on cryptocurrency assets.
Congressman’s Call for Crypto Ban Sparks Social Uproar
In the span of a few hours, it became Crypto Twitter vs U.S. Representative Brad Sherman.
Fed Chair: Cryptocurrencies Are ‘Great’ For Money Laundering
The Federal Reserve Chairman Jerome Powell criticized cryptocurrencies during a hearing on Capitol Hill.