What Happened to China’s Only Bitcoin ATM after Its Crackdown on Crypto

Zheping Huang
Quartz
Four years ago, China got its first bitcoin ATM.

China Is Tightening Its Grip On Cryptocurrency To Promote Rather Than Purge It

Ralph Jennings
Forbes
China also sees advantages in allowing crypto to develop in a manageable way...

Police in Chinese City Seize 600 Computers Used to Mine Bitcoin

Reuters Staff
Reuters
Police in the north China city of Tianjin confiscated 600 computers used to mine bitcoin cryptocurrency after the local power grid operator reported abnormal electricity usage, Xinhua reported Wednesday.

China to Stamp out Cryptocurrency Trading Completely with Ban on Foreign Platforms

Xie Yu
South China Morning Post
Offshore platforms targeted after recent efforts to shut down domestic exchanges failed to eradicate trading.

China's Bitcoin Crackdown Has Simply Driven Trade Underground

Business Insider
China's crackdown on bitcoin has simply led to the trading going underground, according to a key player.

China Escalates Crackdown on Cryptocurrency Trading

Bloomberg
China is escalating its clampdown on cryptocurrency trading, targeting online platforms and mobile apps that offer exchange-like services, according to people familiar with the matter.

China’s Shutdown of Bitcoin Miners Isn’t Just about Electricity

Sara Hsu
Forbes
The most critical aspect about cryptocurrency for China to address is criminal activity.

Bitcoin Miners Are Shifting outside China amid State Clampdown

Bloomberg
As China’s crackdown on cryptocurrencies broadens to bitcoin miners, some of the industry’s biggest players are shifting operations overseas.

Bitcoin Proves Hard to Kill in China

Gabriel Wildau
Financial Times
Chinese investors are still trading bitcoin and buying initial coin offerings, suggesting authorities in Beijing are struggling to clamp down on cryptocurrencies just weeks after announcing that public exchanges would be shut down.

Conversation

10.06.17

Is China the Future of Bitcoin, or Its Past?

Andrew Collier, Isaac Mao & more
China often dominates the market for Bitcoin, a virtual currency managed by a decentralized network of computers: at points over the last few years, China may have accounted for more than 75 percent of Bitcoin trading. Energy subsidies there make it...

China's WeChat Crackdown Drives Bitcoin Devotees to Telegram

Lulu Yilun Chen
Bloomberg
With administrators personally liable for what is said on groups they run, users of bitcoin exchanges OKCoin, Huobi and BTCChina are migrating to services beyond the Chinese government’s reach.

China to Shut Bitcoin Exchanges

Chao Deng
Wall Street Journal
Chinese authorities are ordering domestic bitcoin exchanges to shut down, delivering a heavy blow to once-thriving trading hubs that helped popularize the virtual currency pushing it to recent record highs.

China Steps up Curbs on Virtual Currency Trading

Peng Qinqin, Wu Yujian and Han Wei
Chinese regulators ordered a halt to all virtual currency trading platforms in the country, acting to further rein in risks related to cryptocurrencies, Caixin learned from a source close to regulators.

Depth of Field

06.29.17

Love, Robots, and Fireworks

Ye Ming, Yan Cong & more from Yuanjin Photo
Included in this Depth of Field column are stories of love, community, remembrance, and the future, told through the discerning eyes of some of China’s best photojournalists. Among them, the lives of African migrants in Guangzhou, seven years inside...

China Probes Bitcoin Exchanges amid Capital Flight Fears

Gabriel Wildau
Financial Times
Investors in the cryptocurrency say they doubt it is being used to transfer large amounts of cash out of China.

How a China Crackdown Caused Bitcoin’s Price to Plunge

Geoffrey Smith
Fortune
The value of the cryptocurrency bitcoin is melting down Thursday, having dropped 20% against the dollar by midday Eastern Time in only two hours of frantic trading.

China’s Risk-Loving Mom & Pop Investors Abandon Local Stock Markets for Bitcoin

Zheping Huang and Joon Ian Wong
Quartz
China’s two biggest exchanges account for more than 90% of global trading.

Bitcoin, Meet China. May You Have Many Happy Days Together.

Kevin Drum
Mother Jones
Most trading in bitcoin takes place in China: Huobi and OKCoin, two Chinese exchanges, are thought to account for more than 90% of transactions.

Caixin Media

02.19.16

Central Bank Governor on Reforming the Exchange Rate, Adopting a Digital Currency

Recently Zhou Xiaochuan, Governor of the People’s Bank of China (PBOC), China’s central bank, had an interview with Caixin and talked about the yuan exchange rate regime reform, macro-prudential policy framework, digital currency, and other topics...

Sinica Podcast

10.24.14

Chomping at the Bitcoin

Kaiser Kuo & Jeremy Goldkorn from Sinica Podcast
After a shocking expose of Jeremy Goldkorn’s criminal past, Sinica this week moves on to examine the Bitcoin phenomenon in China. Joined by Zennon Kapron, owner of the Shanghai consultancy Kapronasia and recent author of the book Chomping at the...

China Gets First Bitcoin ATM, Skirting Bank Crackdown

Pete Sweeney
Reuters
Strong interest from Chinese speculators drove up global bitcoin prices last year to above $1,000, sparking a crackdown by the People's Bank of China.

Bitcoin’s Status in China Not So Black-and-White

Paul Vigna and Michael J. Casey
Wall Street Journal
The Chinese government has disseminated what amounts to a “confidential” policy governing the digital currency, which has led to uneven enforcement.

Bitcoin in China

Suwatchai Songwanich
Nation (Thailand)
Bitcoin, a virtual stored-value system not regulated by any country or banking authority, has been a huge phenomenon this year and much of the action has been driven out of China.

Six Reasons Why Chinese People Will Drive The Next Bull Market In Bitcoin

Gwynn Guilford
Quartz
The virtual currency’s decentralized and speculative nature, combined with the country’s experience with online currencies and “gold-mining” in the past are all cited as possible factors contributing to Bitcoin’s future take off in China.