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Beijing
Governments Meet Crypto Industry; Hope for Bitcoin Miners in Sichuan
Governments throughout Asia are meeting with the crypto industry to discuss how to regulate the booming industry. Chinese local media reports the authorities in Sichuan may take a more lenient approach to bitcoin mining despite Beijing’s mining clampdown. Also, BC Group’s OSL announces tie-up with SC Ventures. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
China's Warning to Miners Sends a Chill Across the Crypto Markets
Beijing's warning to miners is being blamed for bitcoin's tumble back down to $32K. The Asian crypto markets are spooked. The crypto exchange and mining operation Huobi says it will suspend new accounts in China and scale back its mining operations. Angie Lau of Forkast News joins "First Mover" to update the state of crypto in Asia.
Beijing to Track Crypto Mining Impact on Energy Consumption: Report
A Beijing municipal bureau sent an emergency notice to local data centers, asking about crypto mining operations.
BTC Markets in Beijing
Sino Global Capital Research Analyst Hans Xiang on crypto business development and bitcoin mining in China.
Beijing Municipal Government Conference Notes Plans to Pilot CBDC in China's Capital
The discussion of China's digital yuan at a regional-level conference indicates the pilot is being included in state-level planning.
Finance Firms Back New Blockchain Research Lab in Beijing
A Beijing-based equity exchange is partnering with a group of crowdfunding and VC firms on a new blockchain research lab.
In China, Two Cities Mirror Blockchain-Bitcoin Divide
A central divide in the blockchain industry is being mirrored in the startup cultures of two major cities.
First bar to accept bitcoin arrives in China
Beijing bar 2nd Place has become the first in China to accept bitcoin.
