China

China

PBoC Says It Will Keep High Pressure on Crypto Trading

China's central bank holds that crypto trading brings financial risk to the economy, and said it will continue a crackdown on the industry.

News  ·  2 August 2021
China

Yunnan Companies Complete $580M in International Transfers Using Blockchain: Report

As of June, 208 companies had used the platform for 638 transactions.

News  ·  30 July 2021
China

Mining Difficulty Expected to Increase for the First Time Since China Crackdown

The positive adjustment could be the beginning of a surge in hashrate in the coming year.

Policy & regulation  ·  27 July 2021
China

Justin Sun Joins Research Project at Communist Party School

Justin Sun flaunted his new partnership with the CCP on social media.

People  ·  27 July 2021
Exchanges

Huobi Shuts Down Beijing Entity Amid Crypto Crackdown

The company said it's an old entity that isn't in use anymore.

News  ·  27 July 2021
DeFi

Tron, Stuck in Polygon’s Shadow, Deserves Its Own Place in the Sun, Founder Says

Some DeFi projects on Tron apparently have quietly beaten their peers on Polygon and Ethereum.

Markets  ·  23 July 2021
China

Beijing City Blockchain Touts IPFS Interoperability

Enterprise blockchain in China is receiving government support, while crypto mining is facing a crackdown.

News  ·  23 July 2021
Bitcoin

Elon Is ‘In It for the Profit Motive’: An Interview With Google’s Neel Mehta

Crypto will become part of the establishment, says bestselling author Neel Mehta. But bubbles, revolutions and a billionaire's tweetstorms come first.

People  ·  22 July 2021
Acquisitions

FTX CEO Says US Is Next Big Target Market

"When you look at FTX US, there's an enormous amount of potential growth in the states," Sam Bankman-Fried said Thursday on CoinDesk TV's "First Mover" program.

Business  ·  22 July 2021
China

China Unveils Cryptography Research Center to Support Digital Yuan

The institute will be used to develop applications of the technology in an effort to boost security for China's central bank digital currency.

News  ·  22 July 2021
China

Insurer Pingan Issues Digital Yuan COVID-19 Policies for Medical Staff: Report

Purchasers who pay for their coronavirus coverage with e-CNY can receive discounts.

News  ·  21 July 2021
China

Canada CBDC ‘Probably Necessary’ for Competition, Central Bank Says in Paper

The authors argue a central bank digital currency will likely be positive for Canadians, breaking monopolies in big tech and traditional finance.

News  ·  21 July 2021
China

China’s Digital Inequality Dilemma: Open-Source Innovation vs. Control

China's fight against data-driven inequality could also hamper prosperity. Web 3.0 is one solution but will the Communist party embrace it?

Opinion  ·  20 July 2021
China

South China Morning Post to Mint Historical Records as NFTs

The SCMP introduced its ARTIFACT standard for recording historical accounts and assets on the blockchain as NFTs.

News  ·  19 July 2021
China

Alibaba’s E-Commerce Website Taobao to Include NFT Arts in Its Maker Festival

NEAR Protocol teams up with a Chinese artist to sell NFTs in the Taobao Maker Festival.

Business  ·  17 July 2021