China’s Central Bank Slams Blockchain Investment ‘Bubble’

Twitter Facebook LinkedIn China’s central bank has called on the government to strengthen supervision into ‘speculative’ financing and investments in the blockchain sector. The Research Bureau of the People’s Bank of China, the country’s central bank, published a working paper titled ‘What can a blockchain do and cannot do?’ on Tuesday. An early analysis of …

China May Limit Bitcoin Mining, Reducing the Industry’s Geo Centralization

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. China’s central bank has reportedly told a prominent government internet finance group that while it does not have the authority to regulate bitcoin mining directly, it can instruct local governments to implement regulations that cause bitcoin mining to become less profitable. China’s …