Questions tagged

CryptoMagician Tue Jul 09 2024 | 0 answers 0

How has crypto mining survived in China?

How has the phenomenon of crypto mining persevered within the confines of China's rigorous regulatory landscape? Given the numerous challenges it faces, including strict capital controls, tightening restrictions on mining activities, and the overall push towards digital currency centralization, it's remarkable that crypto mining has still found a way to thrive. Could it be that the lucrative incentives and the novelty of blockchain technology continue to drive miners despite the risks? Or perhaps, the distributed nature of mining allows for operations to be decentralized and evade strict oversight? Whatever the case, the resilience of crypto mining in China remains an intriguing question worth exploring.

JejuJoyfulHeartSoulMate Mon Jul 08 2024 | 7 answers 1256

Can you buy NFTS in China with cryptocurrency?

Could you elaborate on the feasibility of purchasing NFTs in China using cryptocurrency? Given the current regulatory landscape in China towards cryptocurrencies and digital assets, is it legally permissible to conduct such transactions? Are there any specific platforms or exchanges that facilitate the purchase of NFTs using crypto in China? Additionally, what are the potential risks and considerations one should be aware of before engaging in such transactions? I'm particularly interested in understanding the legal and practical implications of this process in the Chinese market.

CryptoAlly Mon Jul 08 2024 | 7 answers 1363

When did cryptocurrencies start in China?

Good day, esteemed listeners. Today, I have a rather intriguing query for all you finance and cryptocurrency enthusiasts. It's a question that has been lingering in the minds of many, especially given the significant impact cryptocurrencies have had globally, especially in the recent past. My query is simple yet profound: "When did cryptocurrencies start in China?" It's a pivotal question, as China, with its vast economy and tech prowess, has been a key player in the crypto space. Many argue that it was here that the crypto revolution truly took shape. But what year? What decade? Was it during the digital revolution or something more recent? Let's delve into this fascinating topic and uncover the answer together.