China’s Hebei Province Begins Crackdown On Crypto Mining And Trading, Reports Reveal
Authorities in the Chinese province of Hebei have reportedly launched a campaign against cryptocurrency mining and trading. According to a quoted announcement by the region’s cyberspace administration, a number of…
People’s Bank Of China Targets Crypto Companies In Shenzhen Crackdown
The Shenzhen office of the People’s Bank of China (PBOC) has reportedly set out to correct the business activities of about a dozen companies allegedly engaged in cryptocurrency transactions. According…
China Offers Medics Digital Yuan Insurance Policy For Covid-19
China’s first insurance policy using the digital yuan for settlement has been issued in Shenzhen, local media reported. The new product, targeting medical personnel exposed to coronavirus risks, is offered…
UK Advertising Watchdog To Crack Down On ‘Misleading’ Crypto Ads
The Advertising Standards Authority (ASA), the U.K. advertising watchdog, declared it would crack down on misleading ads promoting cryptocurrency investments. The organization will include cryptocurrency campaigns as a “red alert”…
China Has Dispersed Over $40 Million Of Digital Yuan In Red Envelopes, Report Reveals
China, which has arguably the most advanced digital currency project among leading nations, has so far handed out more than $40 million in red envelopes with digital yuan. The promotional…
‘Blogger By Day, Trader By Night,’ Binance Runs Advertising Campaign In Major Ukrainian Cities
An advertising campaign across some of Ukraine’s most populous cities is now aiming to attract new traders to the world’s largest digital asset exchange, Binance. The Eastern European nation is…