China News » Shanxi News China » Shanxi » Cryptocurrencies: China says cryptocurrencies and stablecoins have no legal status
China has drawn a bright red line under its long running campaign against private digital money, declaring that cryptocurrencies and stablecoins have no legal status and cannot function as money in ...
News China » Shanxi » Cryptocurrencies: China's tech giants lobby for offshore yuan stablecoin, sources say
Chinese tech giants have applied for stablecoin licences Sources say Chinese policymakers receptive to idea of yuan stablecoin Exporters using Tether, undermining yuan in trade settlement July 3 ...
News China » Shanxi » Cryptocurrencies: What’s new in China’s latest crackdown on cryptocurrencies?
China’s most powerful regulators have intensified the country’s crackdown on cryptocurrencies with a blanket ban on all crypto transactions and crypto mining. The move sent bitcoin and other major ...
News China » Shanxi » Cryptocurrencies: Shanxi province is struggling to diversify away from coal
ON A MUGGY July morning the museum of coal in Taiyuan, capital of Shanxi province, is bursting with visitors. An exhibit boasts of the province’s reserves of 650bn tonnes of coal. “Mining could last ...