In brief: Outlawing bitcoin is a matter of control
On Wednesday, Russia’s ministry of finance continued with its pursuit to outlaw the world’s top cryptocurrency, Bitcoin (BTC). The new draft, banning the production and circulation of BTC, comes attached with punitive damages that could range from million ruble fines, up to seven years in jail, and the closure of business operations.
China considers digital currency
China's central bank, the People's Bank of China (PBC), held a digital currency conference in Beijing on January 20, attended by Governor Zhou Xiaochuan and Deputy Governor Fan Yifei.
Uphold partners with UnionPay to tap into China’s $7 trillion bank card market
The Chinese state-run credit and debit card network UnionPay, with one of the largest markets on the planet is teaming up with bitcoin startup UpHold.
WeSecretary Prefers Bitcoin For Large Purchases
Need to get something done, or buy a product online in China, well you’re in luck because two expats have launched a new service that will do just that. And wouldn’t you know it, this Chinese ‘pay-per-task China-based secretary service’ accepts Bitcoin.
Zhang Weiwu At Bitcoin South: Bitcoin Adoption in Asia: A General Introduction
Entrepreneur and esteemed Chinese Blogger, Zhang Weiwu delivers an informative Talk and Q&A outlining the Bitcoin Landscape in China and the differences in cultures and objectives between the West & East.
