China Bitcoin and ICO Deals Continue After Government Crackdown – Report

Blockchain, ICO News, Investing, News, Regulation | November 8, 2017 By:

The Financial Times newspaper is reporting that Chinese investors are still trading bitcoin and buying initial coin offerings, despite new laws that prohibit those activities.

While public exchanges are shut down, private over-the-counter markets are apparently flourishing, according to the FT report. Reminbi shares of bitcoin trading on the OTC market has gone from five percent at the beginning of September,

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People’s Bank of China Official Touts State-Issued Cryptocurrency

Blockchain, Investing, News, Regulation | October 16, 2017 By:

An official for a division of the People’s Bank of China (PBoC) has touted the need for a state-issued cryptocurrency that would be controlled by the government.

Yao Qian, the Director of the Digital Currency Research Institute, a division of the PBoC, made his pitch at a meeting hosted by the International Telecommunications Union.

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China to Create Blockchain Research Institute

Blockchain, FinTech, Group, Innovation, Regulation, Uncategorized | September 6, 2017 By:

China’s Ministry of Industry and Information Technology will be creating a blockchain research institute in Qingdao.

The Ministry of Industry and Information Technology, which is directly under the China Electronic Information Industry Development Research Institute, collaborated with Beijing Tiande Technology to accelerate the pace of technological research by establishing a research institute.

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