Home China

Tag: China

Post
Binance Believes in OTC’s like Koi Trading

Binance Believes in OTC’s like Koi Trading

Binance’s Changpeng Zhao is venturing into more Blockchain and Cryptocurrency establishments. The latest being an Over the Counter (OTC) trading desk. The OTC is an American based company headquartered in San Francisco, California. Binance has invested $3 million into Koi Trading portraying its support of Cryptocurrency adoption around the world. Koi Trading not only works...

Post
The India Cryptocurrency Ban Might End In Q1 2019

The India Cryptocurrency Ban Might End In Q1 2019

India, the second most populated country along with China which is the most populated country has shunned out Cryptocurrencies. The bans are mostly in fear of money laundering. However, the Indian government has finally made it clear that it’s working towards a policy for Cryptocurrencies. A committee which was set up in November 2017 could...

Post
Ripple Breaks into Chinese Payments Market

Ripple Breaks into Chinese Payments Market

Ripple’s cross-border technology will soon entice the Chinese public thanks to American Express being approved in the country. American Express will now be able to resolve payments in Yuan which is done through LianLian Group. The joint venture between AmEx and LianLian Group is called ‘Express [Hangzou] Technology Services Co.’ LianLian Group is a customer...

Post
Chinese Are Legally Allowed To Use and Transfer Bitcoin (BTC)

Chinese Are Legally Allowed To Use and Transfer Bitcoin (BTC)

If you thought Bitcoin (BTC) was banned entirely in China, you are wrong according to a cryptocurrency news source in China. Merchants in China are legally allowed to accept BTC as payment. Local reports indicate that the Shenzhen Court of International Arbitration recognizes Bitcoin as a property and so individuals and businesses are allowed to...