Tag: China

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SOS Stock Soars 100% After $50 Million Bitcoin Investment Approval

SOS Limited, a Chinese data mining and technology company, recently made headlines when its board approved a $50 million investment in Bitcoin. This decision was driven by the company's desire to diversify its assets...

Shanghai Man: China’s Yearly ban Clarified,’crypto crash’ trending… and Much More

A breakdown of important regulatory statements in China after newest warning, and also a significant event in the Shanghai Belagio for its blockchain sceneIs China banning crypto back again? This dates back to some 2017...
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Canaan Inc. Bitcoin Mining Updates & FY2025 Financial Forecast

Breaking News: Canaan Inc. Bitcoin Mining Updates & FY2025 Financial ForecastCanaan Inc., a leading crypto mining technology company, has recently unveiled crucial updates regarding its December 2024 bitcoin mining performance and provided financial guidance...
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VeChain (VET) Announces 2025 Roadmap for Renovation and Growth

VeChain (VET) Unveils Ambitious 2025 Roadmap for Blockchain TransformationVeChain, a prominent enterprise blockchain platform, has recently unveiled its ambitious Renaissance 2025 roadmap, signaling a significant overhaul of its protocol to drive growth and innovation....
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Promoting Electronic Lai-see for Chinese New Year 2025 in Hong Kong

The Hong Kong Monetary Authority (HKMA) is taking steps to promote sustainability for Chinese New Year 2025 by encouraging the use of electronic lai-see. With new note exchange services available, this initiative aims to...
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Bitcoin Miners Profit from Price Surpassing $100,000 Milestone

Bitcoin miners are basking in unprecedented profits as the price of Bitcoin soars past the $100,000 milestone, marking a historic moment in the world of cryptocurrency. In the past week alone, Bitcoin miners have...
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Changpeng Zhao Supports Donald Trump’s Crypto Vision for Presidential Pardon

Changpeng Zhao's Hope for a Presidential PardonIn a surprising twist of events, former Binance CEO Changpeng Zhao has expressed interest in receiving a pardon from President-elect Donald Trump. Despite stepping down from his role...
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Nano Labs Embraces Bitcoin Payments Amid China Policy Change

Nano Labs, a China-based company specializing in crypto mining chip design, has recently made the decision to accept Bitcoin as payment for its products. This move comes in response to the growing demand for...
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Access Stablecoins in Hong Kong: Chinese Nationals Trial

Flare and Red Date Technology are currently running trials in Hong Kong to enable mainland Chinese residents to purchase stablecoins issued by IDA through anonymous registration and compliance with Chinese real-name laws. This initiative...
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China’s Central Bank Sees Rapid Growth in CBDC Usage

China's Central Bank Sees Rapid Growth in CBDC UsageThe People's Bank of China (PBOC) recently shared some exciting news about the rapid growth in the adoption of its central bank digital currency (CBDC), known...