China: Central Bank’s Digital Currency Lab Launches Research Center in Eastern Province

China’s central bank, the People’s Bank of China (PBoC), is extending the activities of its Digital Currency Research Lab beyond the country’s capital, local media outlet CNstock reports September 5. The news reveals that the lab has opened a new…

Chinese Crypto Bans on WeChat Accounts, Events, and Exchanges: What Happened and Why

This week, the government of China has cracked down on crypto-related WeChat accounts, blockchain events and digital asset exchanges, solidifying its negative stance on cryptocurrency trading and the Initial Coin Offering (ICO) market. WeChat ban and PBoC’s warning against ICOs On…

Uber's Largest Shareholder SoftBank Denies Deal With Bitmain, Other Investments Uncertain

An official from SoftBank has denied their involvement in the investment deal with Bitcoin (BTC) mining behemoth Bitmain that was reported last week by both crypto and mainstream media sources. As previously reported, Bitmain had allegedly sealed a pre-Initial Public…