Home Tag Archives: beijing

Tag Archives: beijing

Beijing to Enforce New Blockchain Laws to Monitor Internet Content

Beijing to Enforce New Blockchain Laws to Monitor Internet Content

Cyberspace Administration of China (CAC), the state body for internet censorship, has announced new guidelines for controlling the blockchain space in the country. The plan for tighter control over blockchain service providers was introduced in October of last year. Beijing’s Blockchain Information Service Management Regulations will take effect from 15 February, showing how urgently the government wants to curb content …


Blockchain Gains IP Credence Among Chinese Legal Institutions

Blockchain Gains Credence Among Chinese Legal Institutions

Blockchain has found its way to an internet courtroom in Eastern China to get justice for writers, reports China.org.cn. The painstaking effort exercised in getting justice for authors whose intellectual properties are misappropriated just got easier, as explained by a judge of an internet court in China,Wang Jiangqiao. He said: “Writers used to resort to screenshots and downloaded content as …


Hong Kong Stock Exchange Looks to Blockchain and Fintech Acquisitions

Hong Kong Stock Exchange Looks to Blockchain and Fintech Acquisitions

Hong Kong Stock Exchange (HKEX) has announced that it is considering investments in blockchain and other fintech companies through acquisitions next year. If this materializes, it will represent a change in direction for the exchange moving forward, linked to close relationships with China. Hong Kong, being an autonomous territory of China, has a political system independent from the rest of the country, …


China Cracks Down on Crypto News Sites as ICOs Feel the Heat

China Cracks Down on Crypto News Sites as ICOs Feel the Heat

Chinese authorities have recently turned their attention to news sites and those reporting information on current news about cryptocurrencies. Claiming a disruptive influence, the government has also prohibited some advertising through the staging of some crypto-related activities. This now includes locations such as hotels, shopping malls and office buildings, according to the Beijing News. Apparently, such measures have been introduced in …


Unresolved Crypto Legal Cases Mount in China Due to Unclear Regulations

Unresolved Crypto Legal Cases Mount in China Due to Unclear Regulations

Courts in China are struggling to clear cases relating to cryptocurrency due to a lack of clear regulation despite the current ban. Reportedly, many of the cases which relate to crypto, which now stand at 270 at the last count, have arisen due to Bitcoin’s falling price. Coupled with contrasting interpretations of the law at the local level, this has …


10-Year Token Payment Delay Show Rare Developer Commitment

Nebulas ICO Team Prove Determination with 10-Year Token Payment Delay

Beijing-based startup Nebulas has made the decision to postpone the initial coin offering (ICO) team’s token payments. They added an additional seven years to prove their determination for the company’s success, in a rare case of altruism for the lambasted industry. The ICO team were initially planned to be paid through reserves of the startup’s native NAS token over three …


Chinese Hodlers Now Estimated to Have Reached 3 Million Despite Ban

china, bitcoin

Speaking at “New Financial Trends and 2018 Financial Technology Summit” in Beijing, researcher Li Honghan estimated that are now over 3 million investors in China holding on to cryptocurrency assets, reports Bitcoin.com. Li Honghan, a researcher with the International Monetary Institute of Renmin University of China was discussing the current state of cryptocurrency in the country. It appears if Li’s figures …


Kiev Wants His Statue, the CIA Is Tight-Lipped. So Who Is Satoshi Nakamoto?

satoshi, lenin

In Ukraine’s Capital, Kiev plans are underway to install a statue of the pseudonymous creator of Bitcoin, Satoshi Nakamoto in the same location where a statue of Russian communist revolutionary Lenin, used to stand, writes CNN. Father of the Russian nation, Lenin, had stood on the spot until it was torn down by Ukrainians during the 2014 Revolution of Dignity …


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