ChinaFile Recommends
04.27.18What Happened to China’s Only Bitcoin ATM after Its Crackdown on Crypto
Quartz
Four years ago, China got its first bitcoin ATM.
ChinaFile Recommends
04.26.18China Is Tightening Its Grip On Cryptocurrency To Promote Rather Than Purge It
Forbes
China also sees advantages in allowing crypto to develop in a manageable way...
ChinaFile Recommends
04.25.18Police in Chinese City Seize 600 Computers Used to Mine Bitcoin
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.
ChinaFile Recommends
02.05.18China to Stamp out Cryptocurrency Trading Completely with Ban on Foreign Platforms
South China Morning Post
Offshore platforms targeted after recent efforts to shut down domestic exchanges failed to eradicate trading.
ChinaFile Recommends
01.26.18China'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.
ChinaFile Recommends
01.17.18China 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.
ChinaFile Recommends
01.16.18China’s Shutdown of Bitcoin Miners Isn’t Just about Electricity
Forbes
The most critical aspect about cryptocurrency for China to address is criminal activity.
ChinaFile Recommends
01.08.18Bitcoin 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.
ChinaFile Recommends
11.07.17Bitcoin Proves Hard to Kill in China
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![](https://www.chinafile.com/sites/default/files/styles/system/public/assets/images/article/system/bitcoin-sm.jpg?itok=4-qJmiJh)
Is China the Future of Bitcoin, or Its Past?
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...
ChinaFile Recommends
09.15.17China's WeChat Crackdown Drives Bitcoin Devotees to Telegram
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.
ChinaFile Recommends
09.11.17China to Shut Bitcoin Exchanges
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.
ChinaFile Recommends
09.11.17China Steps up Curbs on Virtual Currency Trading
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![](https://www.chinafile.com/sites/default/files/styles/system/public/assets/images/article/system/7years-sm.jpg?itok=HLN5DW69)
Love, Robots, and Fireworks
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...
ChinaFile Recommends
01.10.17China Probes Bitcoin Exchanges amid Capital Flight Fears
Financial Times
Investors in the cryptocurrency say they doubt it is being used to transfer large amounts of cash out of China.
ChinaFile Recommends
01.06.17How a China Crackdown Caused Bitcoin’s Price to Plunge
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.
ChinaFile Recommends
09.26.16China’s Risk-Loving Mom & Pop Investors Abandon Local Stock Markets for Bitcoin
Quartz
China’s two biggest exchanges account for more than 90% of global trading.
ChinaFile Recommends
06.06.16Bitcoin, Meet China. May You Have Many Happy Days Together.
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![](https://www.chinafile.com/sites/default/files/styles/system/public/assets/images/article/system/zhou_xiaochuan-23636.jpg?itok=kd58bauu)
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![](https://www.chinafile.com/sites/default/files/styles/system/public/assets/images/article/system/475483879.jpg?itok=VyydFhSv)
Chomping at the Bitcoin
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...
ChinaFile Recommends
04.16.14China Gets First Bitcoin ATM, Skirting Bank Crackdown
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.
ChinaFile Recommends
04.15.14Bitcoin’s Status in China Not So Black-and-White
Wall Street Journal
The Chinese government has disseminated what amounts to a “confidential” policy governing the digital currency, which has led to uneven enforcement.
ChinaFile Recommends
12.17.13Bitcoin in China
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.
ChinaFile Recommends
04.25.13Six Reasons Why Chinese People Will Drive The Next Bull Market In Bitcoin
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.