Crypto Coin Growth

3 Reasons Why China is Increasing Crypto Regulations

One of the most interesting developments this year for the future of crypto regulations has been China’s massive and sustained crackdown. In past years, China threatened tighter regulation of crypto, especially mining activity. But this year has shown a steady and prolonged push to remove crypto of all kinds from China’s sphere of influence. So…

Central Bank of China is Working on a Sovereign Digital Currency

The People’s Central Bank of China is reportedly putting the final touches on a cryptocurrency that seems to be very similar to Project Libra, the stalled effort by tech giant Facebook to facilitate digital payments across social networks. According to a wire report published by Reuters, China’s central bank officials have been watching e-commerce transactions…