Top Investors Share Insights On Opportunities and Challenges Investing In Cryptocurrency

The Future Of Cryptocurrency Investment: Bulls vs. Bears, hosted by China Money Network, was successfully held on April 18th at naked Hub, Hong Kong, with three prominent speakers discussing investment opportunities and challenges investing in cryptocurrency. CLICK HERE TO ACCESS THE EVENT PAGE Top crypto experts from Octagon Strategy Ltd., Amber AI and CYBEX gathered with premium cyrptocurrency investors and finance industry executives for an informative panel discussion on the present and future of investing in cyptocurrencies. The investors said …

Macau Cryptocurrency Warning After Reported Gangster Connection

The Monetary Authority of Macau has issued a notice warning about cryptocurrency risks after U.S. media reported that Macau Dragon Group, a cryptocurrency company associated with a reputed gangster, has a business relationship with Cambridge Analytica, the British data firm that leaked personal information of more than 87 million Facebook users.

Chinese Crypto Crowd Scrambles For Token Issuances As ICO Ice Age Approaches

The mood at a blockchain conference in Seoul, South Korea attended mostly by the Chinese crypto crowd this week was a mixture of euphoria, unease and desperation. The plummeting prices of major cryptocurrencies – Bitcoin was down roughly 35% this year – coupled with stricter government oversight and collapsed projects, is casting dark clouds over new token issuances. "The market condition has weakened significantly from the peak last fall," said the head of a new blockchain project that is in …

China Said Planning New Crackdown On Digital Currencies

The Chinese government is planning additional steps to crack down on cryptocurrency speculation in that country, according to domestic media reports. A series of new regulatory measures will be taken in the coming weeks against initial coin offerings (ICO) and virtual currency transactions conducted in China and abroad, including the possible banning and disposal of domestic and foreign virtual currency exchange websites and related businesses, according to the Financial Times of the People’s Bank of China (PBOC), and reported on …

Chinese Bitcoin Mining Industry Moves Overseas After Regulatory Crackdown

China Money AI is our news writing robot. These articles are edited by humans In recent years, Li Jiacheng, a young businessman in Fujian, has been doing business in Myanmar and Africa. As Bitcoin prices skyrocketed, a new project entered his horizons: Myanmar has a hydropower station near the border with Yunnan province in China that has cheap power to supply bitcoin mining.

China Renaissance’s Bao Fan Calls Cryptocurrency "Highly Speculative"

On January 30, at China Renaissance Group’s 2018 New Year Media Communication Conference, Bao Fan, founder and CEO of China Renaissance Group, shared his views on the 2017 capital markets, blockchain and market competition. Below is an edited summary of his speech that originally appeared on Touzirenshuo’s Wechat channel. China Money Network is authorized to republish the post. It felt like 2017 went especially fast, in the blink of an eye. Indeed, 2017 was a triumphant year for our industry. …