Daily Crunch: China considers Bitcoin mining ban –

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Canaan, China’s second-biggest maker of hardware used by miners, is considering an initial public offering after it cancelled plans for a listing in Hong Kong, Bloomberg reported.

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 · Disclaimer: This article was posted as part of CoinDesk’s april fools’ day coverage. Following rumours of China’s plans to ban bank transfers to bitcoin exchanges, the CEO of Bitcoin.

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 · Bitcoin slid 2% after China’s state planner added bitcoin mining to a draft list of activities it wants to ban, according to Reuters. The decision comes as.

Bank of China’s law research association declared that the ownership of Bitcoins is not considered illegal, although the ban for trading still remains in effect. Sa Xiao, a Council Member at the Bank of China’s Law Research Association, unveiled that Bitcoin and a number of operations with it stay within the law frames of China.

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"Most Draconian Measures Ever": China Expands Bitcoin Crackdown Beyond Exchange Trading. A lack of clarity from regulators has fueled worries about how far the government will go. One uncertainty, for example, is whether the ban will affect bitcoin deals made over social-messaging apps such as WeChat . People in the industry say a wave of bitcoin users in recent days migrated from WeChat to.

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Digital currencies are very popular across Asia, with many retail investors giving up their daily jobs to trade them full time. were up 4 percent and 7 percent, respectively. Bitcoin mining-related.

We will never see Bitcoin (BTC) at $5,000 – Mike Novogratz – Forex Crunch Cryptocurrency in China: Over the Counter, Under the Table – CoinDesk litecoin halving today: What is going to happen and when? – Coinnounce Bitcoin surges past $11,000 as cryptos rally amid market turmoil – The Hindu BusinessLine. Bitcoin Mining; Bitcoin.

Since at least 2011, it appears that China has also considered banning Bitcoin and altcoin mining. The country confirmed this again in early April with a warning that a ban may be forthcoming. People’s Bitcoin of China

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