China

Former Bank of China adviser urges Beijing to reconsider cryptocurrency ban

The idea of ​​lifting the ban on cryptocurrencies has begun to float in China as a former central bank official called on the country to review its strict restrictions on cryptocurrencies. Huang Yiping, a former member of the Monetary Policy Committee of the People’s Bank of China (PBoC), believes that the Chinese government should reconsider …

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China Starts Taxing Crypto Investors and Bitcoin Miners 20%

China has long had a complicated relationship with the cryptocurrency industry, and its government has been hesitant on policies that have ranged from an outright ban to examining the utility of blockchain. Recently, some local governments have started imposing a hefty income tax on cryptocurrencies. In particular, a number of crypto whales, miners and other …

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Nikkei225 stands out in development on BOJ’s new guidance, oil recovers

The positive development of talks on the new leadership of the BoJ supports Japanese stocks. Chinese indices failed to gain strength despite upbeat data on GDP, industrial production and retail sales. Oil prices recovered ahead of OPEC’s monthly report. Markets in the Asian domain are showing mixed signals amid the respective developments. Market sentiment prompted …

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​China’s Major Science Fiction Awards Announce Winners, New Additions

Chinese author Liang Qingsan won the top prize for his novel “The New New Newspaper Press: Shadow of the Enchanted Metropolis” at the 13th Chinese Nebula Awards held in Chengdu, Sichuan Province on Saturday, while the Japanese edition of “The Three-Body Problem ” ” won the first Star Bridge award. Liang’s work is a cyberpunk …

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