Satoshi Nakamoto Blog

Category : Chinese

Amun Amun Research Bitcoin btc capital controls China Chinese Chinese government Cryptocurrencies Digital Assets Eliézer Ndinga Fleeing Capital Controls mainland money NEWS Protests QCP Capital Singapore Stablecoin Economy Stablecoin Use Stablecoins unrest

China’s Government Fuels Stablecoin Economy: Hong Kong Protesters, Singapore and Mainland Residents Flee Capital Controls

A recent study published by Amun researcher, Eliézer Ndinga, shows that USD-pegged stablecoins are being leveraged in Hong Kong as “vehicles for capital control flight.”...
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Bitcoin Mining Rig Manufacturer Canaan Sued – Accused of Misleading IPO Investors

Bitcoin mining rig manufacturer Canaan Inc. is being sued for allegedly breaking U.S. securities laws before its initial public offering (IPO). Phillippe Lemieux, a Canaan...
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China Adopts Security Standards for Blockchain Applications in the Financial Sector

Keeping the focus on blockchain development, banking authorities in China have issued a set of rules pertaining to the secure application of crypto-related technologies in...
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Central Bank of China Pumps 300 Billion Yuan Into Financial System, Cuts Loan Rates

The Chinese government has taken multiple steps so far to contain the economic fallout from the coronavirus epidemic, including interest rate cuts and financial injections...