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Search Result for “cryptocurrency”

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BUSINESS

Crypto regulation must be innovative

Asia focus, Suwatchai Songwanich, Published on 19/04/2021

» India's government made global headlines last month with news of its proposed ban on the possession, issuance, mining, trading and transferring of cryptocurrencies and crypto-assets. If passed, the law would make India the first country to make cryptocurrencies illegal.

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BUSINESS

China steps up as digital currency pioneer

Asia focus, Suwatchai Songwanich, Published on 14/09/2020

» The People's Bank of China is blazing a new virtual trail with pilot tests of its national digital currency around the country. Digital Currency Electronic Payment (DCEP), the digital version of the renminbi, will be tested in Shenzhen, Suzhou, Xiongan and Chengdu and at venues of the 2022 Winter Olympics scheduled for Beijing and vicinity.

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BUSINESS

China's cryptocurrency crackdown

Asia focus, Suwatchai Songwanich, Published on 16/12/2019

» Weibo, China's largest microblogging service, has banned the cryptocurrency exchange giants Binance and Tron from its platform amid what appears to be a fresh crackdown on digital currency trading in China. At the same time, watchdogs in Shanghai issued notices calling for a cleanup of companies involved in cryptocurrency trading, while Beijing's regulator warned against illegal exchange operations.