Beijing releases white paper for web3 innovation and development
[May 28, 2023 12:54 AM] Hong Kong's crypto regulations coinciding with the white paper released in Beijing pique interest.
14 / 20 Relevant items tagged with #china
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China’s Credit Agency Downgrades US Credit Rating Over Debt-Ceiling Standoff and Looming Default
Argentina to Expand De-Dollarization Efforts; Seeks Extension of Yuan Based Swap Line With China
[May 27, 2023 4:30 AM] The government of Argentina is reportedly seeking to expand its de-dollarization agreement with China due to the lack of dollars that the country is facing. According to reports, Economy Minister Sergio Massa would be in talks to expand the current…
Why have Bitcoin and crypto lost 60% of their market cap since their all-time highs?
[May 26, 2023 1:30 PM] Cointelegraph analyst and writer Marcel Pechman explains why the cryptocurrency market has lost 60% of its market cap, with the S&P 500 only about 15% from its all-time high.
Chinese city releases policy draft for metaverse industry development
[May 26, 2023 2:58 AM] The policies include a series of cash benefits to attract metaverse-related companies to set up shop in the city.
Chinese state media removes video on crypto after Binance CEO calls it ‘big deal’
[May 25, 2023 5:21 AM] Although China has maintained a hostile stance against crypto, the recent developments in Hong Kong have many speculating about its impact on China.
Binance CEO Claims Chinese Communities Are ‘Buzzing’ After CCTV Airs Crypto Segment
Chinese President Xi Jinping Says China Ready to Strengthen Cooperation With Russia
Russia and China Carry Out Most Settlements in Yuan and Ruble, Russian PM Mikhail Mishustin Says
[May 24, 2023 2:00 PM] The larger portion of payments between Russia and China are now processed using the currencies of the two countries, Prime Minister Mikhail Mishustin revealed. Moscow and Beijing intend to increase mutual trade beyond the $200-billion target this…
China Central Television airs crypto segment in rare move
[May 24, 2023 12:41 PM] CCTV programming has an audience of over 1 billion within Mainland China.
Black Market for Worldcoin Credentials Pops Up in China
[May 24, 2023 9:23 AM] The startup looking to create a global blockchain-based identification system using iris scans is getting duped by Chinese users.
Layer 1 Blockchain Tenet Partners With Conflux and Qtum for More Exposure in China
[May 24, 2023 7:30 AM] The partnerships are aimed at increasing the liquid staking industry’s presence in Chinese markets.
Chinese city launches govt-backed metaverse platform
[May 24, 2023 1:54 AM] The platform aims to consolidate the resources of academic institutions and enterprises in China and bolster research efforts in areas related to the metaverse.
China, Russia Urged to Speed Up Creation of ‘Cutting Edge’ Payment Infrastructure for BRICS and SCO Currencies
[May 23, 2023 8:30 PM] The chairman of Russia’s national economic development institution VEB.RF has urged China and Russia to speed up the establishment of a new, “cutting-edge” payment system for currencies of Shanghai Cooperation Organization (SCO) and BRICS…
CBDCs on the horizon: The current state of CBDC initiatives around the world
[May 23, 2023 10:14 AM] Central bank digital currencies gain traction as countries worldwide engage in their development despite skepticism from the crypto community.
Russia ‘Actively’ Working on SWIFT Alternatives, Foreign Ministry Official Says
[May 22, 2023 3:30 AM] The Russian Federation is collaborating with partners to link payment systems alternative to the interbank messaging system SWIFT, a representative of the country’s Ministry of Foreign Affairs announced. The work is part of the de-dollarization of…
‘Apple and Google Are Systemic Risks to Crypto,’ Says Ex-Coinbase CTO
[May 20, 2023 11:30 PM] Authorities in the U.S. and elsewhere may try to compel tech firms like Apple and Google to exfiltrate private keys from devices and apps under their control, crypto entrepreneur Balaji Srinivasan warned on social media. The former executive of…
Chinese Autonomous Region of Guanxi to Adopt Digital Yuan in Push for ASEAN Trade Integration
[May 20, 2023 1:00 AM] The Chinese autonomous region of Guanxi, located in the south of China, will implement a wide adoption plan for the digital yuan, that includes a push for using it as a trade currency with countries part of the ASEAN bloc. This pilot plan looks to…
Stablecoin survival: Navigating the future amid global de-dollarization
[May 19, 2023 4:41 AM] The stablecoins with the largest market cap are pegged to the U.S. dollar, so what risk does de-dollarization pose to stablecoin users?
China state-owned Greenland to apply for Hong Kong virtual asset trading license
[May 17, 2023 10:37 AM] The real estate developer’s fintech unit already has a digital banking license in Singapore; “We are ready to step into Hong Kong,” CEO says.
China's Top Prosecution Agency Says Although Not Banned NFTs Have Crypto-Like Attributes
[May 17, 2023 3:21 AM] NFT collections, targeted in new published guidelines, have been gaining popularity in China since the country prohibited the trading of cryptocurrencies.
Chinese prosecutors to crack down on 'pseudo-innovation' in NFT market
[May 17, 2023 2:26 AM] According to public prosecutor, marketing models such as rewards and dynamic rights and interests can easily evolve into illegal pyramid schemes.
De-Risking or Decoupling? China- US Bilateral Trade Falls More Than 10% This Year
China, France to Deepen Ties Following Meeting of French President Macron and Chinese Leader Xi Jinping
G7 Nations Discuss Countering China’s ‘Economic Coercion’
Inflation in China Down to Lowest Number in More Than Two Years; Analyst Proposes Giving Cash Handouts to Avoid Deflation
[May 13, 2023 12:30 AM] Inflation in China registered an increase of 0.1% year-over-year in April, according to numbers from the National Bureau of Statistics of the country, falling below expectations. Some analysts are already warning about the dangers of deflation…
China launches national blockchain center to train half a million specialists
[May 11, 2023 4:40 AM] The institution will reportedly train more than 500,000 specialists in distributed ledger technology.
Hong Kong to Have Tight Crypto Regulations, Head of Monetary Authority Says
[May 10, 2023 2:30 AM] Companies attracted by the plan to turn Hong Kong into a hub for digital assets should expect strict regulations, the region has indicated. Authorities are preparing new licensing rules for service providers working with cryptocurrencies and…
Lawmaker Warns US Default Risks Dollar’s Reserve Currency Status, Exploitation by China and Russia
[May 9, 2023 8:30 PM] The top Democrat on the House Intelligence Committee has warned that China and Russia would seek to exploit the chaos resulting from a U.S. default. He further cautioned that the U.S. dollar’s reserve currency status could be eroded if the U.S…
State-sponsored Chinese AI firm launches bot service to ‘surpass’ ChatGPT
[May 8, 2023 1:59 PM] Chinese tech company iFlytek recently made waves with the launch of its “Spark Model,” an AI system it says will surpass ChatGPT by the end of the year.