Jack Ma Talks About BTC: Be Careful, but It’s Powerful

Nov 13, 2017

How does Jack Ma see the development trend of bitcoin? He gave the following reply to a BTC fan in a recent public event: "For Bitcoin, I don't have much interest, what I want to know is, what can bitcoin bring to society?" But anyway, I think blockchain technology is very powerful, s...

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Things Change, People Change

Sep 30, 2017

Chapter One: When Caixin reported that ICOs are suspected of illegal fundraising on Sept 2 "WTF! Impossible! It must be these damn editors want a bargain hunt!" "Exactly! Who the hell is this close-to regulator guy? Care to give a name? I don't buy a word of it unless the PBO...

Shanghai Closes All Token Trading and Executives Are Asked to Stay in Place

Sep 25, 2017

Cryptocurrency exchanges in Shanghai this week are asked to close all token trading services, including BTC/CNY, ETH/CNY and other trading pairs. The latest move means that bitcoin trades on secondary markets are excluded from exchanges in Shanghai. Beijing regulatory authorities ha...

Domestic Exchanges Will Be Banned and the PBOC Monopolizes Currency Issuance

Sep 13, 2017

Reporters of Shanghai Securities News have confirmed with sources close to regulatory authorities that Chinese exchanges will be shut down and officials have questioned the legality of relevant exchanges. Caixin, China Securities News and Sina Finance have reposted the news. PBOC C...

“It Will Take Two or Three Years Before all Exchanges Are Shut Down in China”

Sep 11, 2017

Note: Xiao Lei, writer of this article, is a well-known financial commentator and a digital currency researcher. China Securities Journal and Caixin reported last weekend that regulatory agencies are likely to ban all digital currency exchanges, including leading bitcoin exchanges such as ...

Caixin Reports that ICOs Are Suspected of Illegal Fundraising and the PBOC Bans all ICO Tokens Services

Sep 4, 2017

Update: The PBOC announces on its official website this Monday that ICOs are a disguised form of illegal fundraising. And all of the ICO tokens shall stop trading immediately. Caixin last Saturday released an article with the title of “Caixin Exclusive: ICOs are defined as b...

Sun Hui: The PBOC Will Not Issue New Regulations on Bitcoin in June

Jun 19, 2017

Information Office of Shanghai Municipality held a news conference on June 16 regarding the Lujiazui Forum. During the conference, Sun Hui, vice president of the PBOC Shanghai Head Office, said that no bitcoin trading regulations will be released in June. On March 7, sever...