Chinese provincial official expelled for violating crypto mining ban

A former CCP official from Jiangxi province allegedly abused his administrative powers to undermine the political principle of “two maintenance,” which relates to the notion of firmly maintaining the authority of the party.

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KuCoin Terminates Accounts of China’s Users, Following Other Cryptocurrency Exchanges

Crypto exchange KuCoin has revealed that it is closing accounts associated with Chinese users. The development is another blow to investors in Bitcoin and other crypto-assets in Mainland China amid the latest crackdown on the sector. (Read More)

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Bitpay Ceases Prepaid Mastercard Program, Promises Enhanced Card Service in the Future

Cryptocurrency proponents in the United States are facing increasing challenges when it comes to utilizing digital assets for expenditures. Several crypto companies have encountered difficulties in securing banking partners. This week, Bitpay, a prominent player in the crypto payments sector, made an announcement regarding the termination of its current Bitpay prepaid Mastercard program. This decision [...]

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