Bitcoin Dives to a Six-Month Low on China Crackdown

Reuters | Saturday November 23, 2019

Bitcoin slumped to a six-month low on Friday after China's central bank launched a fresh crackdown on cryptocurrencies, warning of the risks entailed in issuing or trading them.

China Set To Introduce Its Own Digital Currency, Say Analysts

World News | Agence France-Presse | Tuesday October 15, 2019

As Facebook readies to launch its answer to bitcoin, China is set to introduce its own digital currency -- one that could allow the government and the central bank to see what people spend their money on, according to analysts.

China Targets Cryptocurrencies In Online Pyramid Scheme Crackdown

Business | Thomson Reuters | Friday January 19, 2018

Chinese regulators have moved to rein in financial risks associated with virtual currency trades and pyramid schemes

China's Largest Bank Bars Services for Bitcoin

World News | Agence France-Presse | Thursday May 8, 2014

China's biggest bank ICBC has banned activities related to trading in Bitcoin, it said on Thursday, joining at least 10 other Chinese banks participating in a government crackdown on virtual currencies.

China's biggest Bitcoin exchange bans yuan deposits

Agence France-Presse | Thursday December 19, 2013

In a new blow to the virtual currency, by no longer accepting yuan deposits, BTC China says it's trying to offer another way to recharge.

China Bitcoin exchange bans yuan deposits

World News | Associated Press | Thursday December 19, 2013

The biggest Bitcoin exchange in China said on Wednesday that it's no longer accepting yuan deposits, dealing another setback to the virtual currency.

Bitcoin value slumps after China bank measures

Business | Wednesday December 18, 2013

Prices on BTCChina, the country's biggest Bitcoin trading platform, stood at $504 each, down almost 60 per cent from their high of 7,588 yuan in November.

In murky world of Bitcoin, fraud is quicker than the law

Business | Friday December 6, 2013

Chinese authorities drew attention to the issue Thursday when they announced that they were barring Chinese banks from making Bitcoin transactions. The same day, the Bank of France issued its own warning about the potential risks. The news sent the price of Bitcoin tumbling, but it quickly bounced back to near its all-time high of around $1,200.

Bitcoin suffers new setback as China says no

Business | Friday December 6, 2013

Bitcoins suffered a new setback after China's central bank said on Thursday that its banks and payment systems are barred from handling the virtual currency.

China bans its banks and payment systems from handling Bitcoin currency

Associated Press | Thursday December 5, 2013

In a major setback to the widespread adoption of Bitcoin, China's central bank has set out new policy regarding the virtual currency.