Bitcoin sinks to a 6-month low as China accelerates crackdown

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Break’N Crypto: Global Reset, Crypto Derivatives Regulations, new Bitcoin crackdown

Break’N Crypto: Global Reset, Crypto Derivatives Regulations, new Bitcoin crackdown submitted by bagirka to BTCMEX_Global [link] [comments]

China Makes Way for its Own Digital Currency After Bitcoin Crackdown

China Makes Way for its Own Digital Currency After Bitcoin Crackdown submitted by breakingasia to BreakingAsia [link] [comments]

China Makes Way for its Own Digital Currency After Bitcoin Crackdown

China Makes Way for its Own Digital Currency After Bitcoin Crackdown submitted by breakingasia to BreakingAsia [link] [comments]

New Bitcoin Crackdown: China Witch-Hunting Any Provider of Crypto Transactions to Locals - U.Today

New Bitcoin Crackdown: China Witch-Hunting Any Provider of Crypto Transactions to Locals - U.Today submitted by prnewswireadmin to cryptonewswire [link] [comments]

China Bitcoin Crackdown, Binance Blocked, Bitcoin Privacy & Crypto Property

China Bitcoin Crackdown, Binance Blocked, Bitcoin Privacy & Crypto Property submitted by uixnetwork to u/uixnetwork [link] [comments]

10-15 16:53 - 'China wants centralised digital currency after bitcoin crackdown' (straitstimes.com) by /u/Gr80x removed from /r/Bitcoin within 352-362min

China wants centralised digital currency after bitcoin crackdown
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China wants centralised digital currency after bitcoin crackdown

China wants centralised digital currency after bitcoin crackdown submitted by leftok to atbitcoin [link] [comments]

China Wants Digital Currency After Bitcoin Crackdown

China Wants Digital Currency After Bitcoin Crackdown submitted by leftok to atbitcoin [link] [comments]

Lloyds Bank in Bitcoin crackdown: credit card owners banned from buying cryptocurrency

Lloyds Bank in Bitcoin crackdown: credit card owners banned from buying cryptocurrency submitted by pascal28 to Bitcoin [link] [comments]

10-15 16:42 - 'China wants centralised digital currency after bitcoin crackdown' (self.Bitcoin) by /u/RotiKirai removed from /r/Bitcoin within 132-142min

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As Facebook readies to launch its answer to bitcoin, China is set to introduce its own digital currency -- one that could allow the government and the central bank to see what people spend their money on, according to analysts.
Far from the libertarian ideals of cryptocurrencies, whose anonymity allows users to buy and sell without leaving a digital trail, China's mooted e-cash system will be tightly regulated, experts say, and run by the People's Bank of China, the central bank.
It "would give the PBoC greater insight into transactions throughout the country," analysts at Beijing-based research firm Trivium China said in a note.
"We will not predetermine the technical path," he said.
"We may consider blockchain technology or another technology that evolves from existing electronic payments."
It is likely to be more akin to electronic money, stored on a physical medium, than a cryptocurrency such as bitcoin which is based on a computer network.
One thing is certain: "We will adhere to centralised management," Yi said, the polar opposite of the philosophy behind cryptocurrencies like bitcoin.
China was once a stronghold of bitcoin.
Just two years ago, the three major Chinese bitcoin trading platforms -- BTC China, OKCoin and Huobi -- accounted for more than 98 percent of world trade, according to the benchmark site bitcoinity.org.
But the sector was unregulated and transactions were invisible to the authorities -- anathema to Beijing, which shut down the trading platforms in 2017.
"You can be interested in the technology behind bitcoin and not like the way it is implemented, and want to create your own bitcoin with your desired characteristic," said Stanislas Pogorzelski, editor-in-chief of the specialist site Cryptonaute.fr.
In a country where social credit systems and facial recognition cameras are becoming widespread, a new Chinese cryptocurrency could allow the government to "more closely monitor the actions of its population," he said.
Its purpose is to "replace cash," he explained, "the last bastion of privacy."
"The digital currency will allow the PBoC to collect new information that is impossible to collect when a transaction is through paper currency," said Song Houze, a research fellow at think tank MacroPolo, which specialises in the Chinese economy.
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China wants centralised digital currency after bitcoin crackdown
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China Widens Bitcoin Crackdown Beyond Commercial Trading

China Widens Bitcoin Crackdown Beyond Commercial Trading submitted by tomoms to Bitcoin [link] [comments]

Bitcoin CRACKDOWN: Cryptocurrency regulation boss suddenly DIES at home in South Korea | City & Business | Finance | Express.co.uk

Bitcoin CRACKDOWN: Cryptocurrency regulation boss suddenly DIES at home in South Korea | City & Business | Finance | Express.co.uk submitted by ReginaldWukongEUW to conspiracy [link] [comments]

Someone hacked China’s central bank mailbox to email a bogus notice about bitcoin crackdown

Someone hacked China’s central bank mailbox to email a bogus notice about bitcoin crackdown submitted by domelane to CryptoCurrency [link] [comments]

'Fight fire with fire': IMF's Lagarde calls for bitcoin crackdown | Technology

'Fight fire with fire': IMF's Lagarde calls for bitcoin crackdown | Technology submitted by MBSWCrypto to Bitcoin [link] [comments]

The Crypto Lark - China Bitcoin Crackdown Explained - Will It Affect The Crypto Markets & Prices?

The Crypto Lark - China Bitcoin Crackdown Explained - Will It Affect The Crypto Markets & Prices? submitted by Yanlii to cryptovideos [link] [comments]

It’s a hoax: email about Hong Kong-China bitcoin crackdown is bogus

It’s a hoax: email about Hong Kong-China bitcoin crackdown is bogus submitted by Turil to Bitcoin [link] [comments]

China Widens Bitcoin Crackdown Beyond Commercial Trading

China Widens Bitcoin Crackdown Beyond Commercial Trading submitted by Wishmaster90 to ethtrader [link] [comments]

China Launches Bitcoin Crackdown: PBOC Will Probe Abnormal Investor Behavior "And Rectify Misbheavior"

China Launches Bitcoin Crackdown: PBOC Will Probe Abnormal Investor Behavior submitted by Mr_Yukon_C to ethtrader [link] [comments]

Kingpin of global central banks calls for Bitcoin crackdown; claiming blockchain/DLT systems "are very expensive to run and slower and much less efficient to operate than conventional payment and settlement systems.” Are they concerned for the average Joe or is it for corporate financial leverage?

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South Korea Joins in Crypto Regulation with Bitcoin Crackdowns

South Korea Joins in Crypto Regulation with Bitcoin Crackdowns submitted by bitnewsbot to bitnewsbot [link] [comments]

Cryptocurrency ban: Emmanuel Macron and Angela Merkel to launch severe bitcoin crackdown

Cryptocurrency ban: Emmanuel Macron and Angela Merkel to launch severe bitcoin crackdown submitted by FreeSpeechWarrior to Dcrtrader [link] [comments]

'Fight fire with fire': IMF's Lagarde calls for bitcoin crackdown

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Bitcoin Crackdown in China: What´s the Bigger Picture? China Bitcoin Crackdown Explained - Will It Affect The ... BITCOIN CRACKDOWN TODAY! Bitcoin crackdown begins  by BTC News Bitcoin crackdown: france plots to regulate cryptocurrency

Blockchain Bites: China’s Tether Crackdown, CME’s Bustling Bitcoin Markets, Kin’s ‘Active Development’ Oct 23, 2020 at 16:16 UTC CME headquarters, Chicago (Daniel J. Macy/Shutterstock) The bitcoin and cryptocurrency regulatory landscape in the U.S. has long been found stifling by the nascent crypto industry—with some choosing to more favourable regions such as Switzerland. Bitcoin slumped to a six-month low on Friday after China's central bank launched a fresh crackdown on cryptocurrencies, warning of the risks entailed in issuing or trading them. Consequences for Bitcoin after CFTC’s crackdown on BitMEX. By Reynaldo October 4, 2020 No Comments. BitMEX experienced a high volume of Bitcoin withdrawals after the CFTC crackdown. Experts predict bullish implications following a new strategy of the U.S. federal entities. The charges filed by the Commodity Futures Trading Commission (CFTC) and the U.S. Department of Justice against BitMEX ... The correlation between any further oppression of the bitcoin and crypto industry in China and market movements appears to be crumbling. Mainstream media is still firmly behind the premise that the latest rout was a direct response to further crackdowns on the mainland, but BTC and digital assets are making gains today to suggest otherwise. China Crackdown Claims First Casualties. Following a ...

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Bitcoin Crackdown in China: What´s the Bigger Picture?

Donate: 18EQEiQBK1X2DyDL5Y18j78iw4NuNHoLej Featuring… Tone Vays (https://twitter.com/Tone_LLT) Theo Goodman (https://twitter.com/theog__) and Thomas Hunt (ht... At the Property and Freedom Society Conference in Bodrum we talked about the recent Chinese government crackdown on Bitcoin and how the bigger picture looks like. The conference: ... Bitcoin crackdown begins by BTC News Bitcoin prices were reeling on Thursday, following reports that South Korea’s government plans to ba... SUBSCRIBE 4 More ..... : https://goo.gl/7BeyGH ... Nikole Hannah-Jones - Reframing the Legacy of Slavery with “The 1619 Project” The Daily Show - Duration: 9:53. The Daily Show with Trevor Noah Recommended for you. New Bitcoin crackdown: france plots to regulate cryptocurrency GETTYThe French finance minister is calling for tough new regulations on cryptocurrencies Bruno Le Maire, French finance minister has ...

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