Federico
Fri Jul 12 2024
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6 answers
1445
What happened to cryptocurrency in China?
I don't understand this question. Could you please assist me in answering it?
WindRider
Fri Jul 12 2024
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7 answers
1093
Are cryptocurrencies legal in China?
In the realm of finance and cryptocurrency, a question that often arises is: "Are cryptocurrencies legal in China?" This inquiry touches upon the complex regulatory landscape surrounding digital assets in the country. China, known for its strict capital controls and robust financial regulatory framework, has taken a cautious approach towards cryptocurrencies. While there have been no blanket bans on all crypto activities, the government has imposed restrictions and guidelines on various aspects of the industry. From banning initial coin offerings (ICOs) to limiting access to crypto exchanges, China's stance on cryptocurrencies has been a source of much debate and speculation. Understanding the legality of cryptocurrencies in China is crucial for investors, businesses, and enthusiasts alike.
Stefano
Fri Jul 12 2024
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7 answers
1321
Will China tighten its oversight of bitcoin exchanges in 2017?
I don't understand this question. Could you please assist me in answering it?
CherryBlossomKiss
Thu Jul 11 2024
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5 answers
1182
Does LocalBitcoins work in China?
Hello, I'm curious to know if LocalBitcoins, a popular peer-to-peer bitcoin trading platform, operates in China. Given the evolving regulatory landscape and potential restrictions on <a href="https://www.btcc.com/en-US" title="cryptocurrency">cryptocurrency</a> trading in the country, I'm wondering if users in China are able to access and utilize the platform's services. Additionally, I'd like to understand if there are any specific limitations or challenges that Chinese users may face while using LocalBitcoins, such as compliance issues or accessibility barriers. Could you provide a brief overview of the current situation regarding LocalBitcoins' operations in China?
Chiara
Thu Jul 11 2024
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6 answers
1596
How big is China's share of bitcoin mining in 2021?
As a keen observer of the <a href="https://www.btcc.com/en-US" title="cryptocurrency">cryptocurrency</a> landscape, I'm curious to know the extent of China's dominance in bitcoin mining in 2021. Given the country's vast resources and technological prowess, I suspect it holds a significant share of the global bitcoin mining hash rate. However, the recent regulatory clampdown on crypto activities in China may have had an impact. Could you elaborate on the current situation? Specifically, how much of the total bitcoin mining hash rate is attributed to China, and how has this figure changed over the past year? Are there any indications that this trend may continue, or could we see a shift in the balance of power in the near future?
