ZyCrypto: Bitcoin Price Tanks As China Declares War On Crypto… Again

The Next Web: HSBC will reportedly use blockchain to move $20B in digital assets

Thursday, 28 November 2019 11:03

Global bank HSBC is planning to track $20 billion worth of digital assets on a blockchain-based custody platform by March next year. According to Reuters, the platform, known as Digital Vault, will allow investors to get real-time access to records of securities purchased in private markets. HSBC’s…

Published in News

CoinSpice: ECB Reviews Digital Payments, More Warnings About EOS Congestion, Telegram Fights Terrorism

Wednesday, 27 November 2019 14:34

TL;DR: Welcome to In Case You Missed It (ICYMI), a daily crypto news update. ECB eyes digital payment solutions. Popular dApp EarnBet warns about EOS congestion. Telegram recognized by Europol as helping to curb terrorism. Matrixport opens new office in Zurich. Bitcoin ATM vandalized in British Columbia, and…

Published in News

bitcoin.com: Another Bank Run Highlights China’s Brewing Financial Crisis

Thursday, 28 November 2019 09:30

A regional lender has become the latest victim of the growing liquidity crunch in the world’s most populous country. Yingkou Coastal Bank, operating in the northeastern Chinese province of Liaoning, is the second institution within less than a month to see its financial stability threatened by frightened…

Published in News

CoinSpice: BTC Store of Value Maximalists Blame China for Price Downturn, Clinging to HODL Narrative, in Spite of Evidence

Saturday, 23 November 2019 22:23

TL;DR: The consummate baddie, China and its avowedly communist government, is once again the principal focus of BTC maximalists keen to find an excuse as to why the world’s most valued cryptocurrency by market capitalization price tanks, presumably taking every other coin along with it. And while…

Published in News

The Block: After Shanghai, now Shenzhen government investigating crypto exchanges

Friday, 22 November 2019 09:40

After Shanghai, the government of another Chinese city – Shenzhen – is now investigating cryptocurrency exchanges. The finance bureau of Shenzhen municipality has identified 39 undisclosed cryptocurrency exchanges for inspection, the Shenzhen Special Zone Daily, affiliated with the Communist Party of China (CPC) Shenzhen Committee, reported Friday.…

Published in News

The Cryptonomist: Why is the price of Bitcoin falling?

Friday, 22 November 2019 14:54

Is the news from China having an impact on the hardships that the market is showing these days? The post Why is the price of Bitcoin falling? appeared first on The Cryptonomist.

Published in News

The Block: China central bank’s Shanghai unit officially announces to crack down on crypto exchanges

Friday, 22 November 2019 16:24

Shanghai headquarters of the People’s Bank of China (PBoC), the country’s central bank, has officially announced that it will crack down on cryptocurrency exchanges in the city. The post China central bank’s Shanghai unit officially announces to crack down on crypto exchanges appeared first on The Block.

Published in News

Trustnodes: PBOC v Gov, a Power Struggle OR Have Central Banks Usurped?

Friday, 22 November 2019 16:35

China’s central bank is making a lot of noise about cracking down on bitcoin just weeks after the president of China hailed the blockchain. This apparent difference between lawmakers and... The post PBOC v Gov, a Power Struggle OR Have Central Banks Usurped? appeared first on Trustnodes.

Published in News

bitcoin.com: HSBC Closes Account Used to Support Hong Kong Protesters

Friday, 22 November 2019 16:40

For months on end, Hong Kong has been the scene of intensive confrontation between pro-democracy activists and its Beijing-supported government. It now seems the financial establishment has taken a side in this conflict. Banking giant HSBC has decided to close an account used to support the protest…

Published in News