Bitcoin

Gov’t Indecision on Cryptocurrencies Helps China, Says Former Congressman

Reporting in The Hill, Washington’s top political news source, former Republican George Nethercutt says it’s time for policymakers to allow cryptocurrencies and innovation to flourish. Fighting for U.S. Intellectual Property As trading negotiations concluded in Beijing, U.S. intellectual property was top of the list. For far too long Chinese companies have infringed on U.S. IP, […]

Crypto News

Poised for a Comeback? Dow Jones Pares Losses after President Trump Predicts New Trade Deal with China

U.S. stocks pared losses Monday morning after President Donald Trump predicted the United States would soon reach a comprehensive trade deal with China. Stocks Bounce Off Lows The Dow Jones Industrial Average embarked on an intraday recovery after President Donald Trump expressed optimism over the state of US-China trade discussions. The Dow Jones Industrial Average […]

Blockchain

China Quietly Makes It Illegal to Run a Node Without Gov’t Approval

China has introduced new regulations intended to promote the ‘healthy development’ of blockchain technology. However, the new law also entitles the Cyberspace Administration of China to supervise node operators, as well as to request private information.  New Blockchain Regulations China’s Office of Central Cyberspace Affairs Commission (CAC) issued new regulations dubbed “Regulations on the Management […]

Crypto News

China to Enforce Regulation for Blockchain Companies in February

China’s internet regulator, the Cyberspace Administration of China(CAC) in a detailed document outlined a final draft of regulations concerning cryptocurrency and blockchain companies. The rules will come into effect starting February 19, and provide a set of guidelines that blockchain companies are required to follow. According to the CAC’s director: The Regulations on the Management […]