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China

China’s CBDC recipients sell it quickly; Nigeria plots ways to boost eNaira use
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14 May, 2024

China’s CBDC recipients sell it quickly; Nigeria plots ways to boost eNaira use

Chinese authorities insist that monitoring is only a concern with large transactions, as the digital yuan can be used for...
Microsoft’s G42 deal shows US and China in AI cold war (that could get much hotter)
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22 April, 2024

Microsoft’s G42 deal shows US and China in AI cold war (that could get much hotter)

Microsoft made a $1.5 billion 'strategic' investment in G42, the UAE-based AI tech holding company, followed by behind-the-scenes negotiations with...
Conflux Network event in Shanghai examines blockchain use in international trade and exchange
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5 April, 2024

Conflux Network event in Shanghai examines blockchain use in international trade and exchange

Conflux Network representatives announced they had participated in a demonstration meeting for a "super-large-scale blockchain basic platform for the Belt...
Ensuring regulatory compliance in the decentralized economy
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3 April, 2024

Ensuring regulatory compliance in the decentralized economy

As technology evolves, so do global regulations, which the London Blockchain Conference aims to highlight as it returns later this...
China working on CBDC guide to make digital yuan more accessible to foreign users
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27 March, 2024

China working on CBDC guide to make digital yuan more accessible to foreign users

The People’s Bank of China—the country's central bank—and its Digital Currency Research Institute have published a guide for foreign tourists...
Chinese researchers uncover novel AI approach to pruning LLMs
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17 March, 2024

Chinese researchers uncover novel AI approach to pruning LLMs

Baichuan Inc. and the Chinese Information Processing Laboratory Institute of Software, Chinese Academy of Sciences researchers present a new LLMs...
Hong Kong lawmaker proposes Web3 financing platform for Greater Bay Area
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14 March, 2024

Hong Kong lawmaker proposes Web3 financing platform for Greater Bay Area

Johnny Ng pitched the platform to China’s central political advisory body—the CPPCC National Committee—for blockchain firms in Hong Kong, Macao,...
China urged to fast-track blockchain development to keep up with global trends
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12 March, 2024

China urged to fast-track blockchain development to keep up with global trends

NPC member Dong Jin believes that a national blockchain network that can be used in supply chain and government services,...
BRICS eye stifling US dollar influence with blockchain-based payment system
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9 March, 2024

BRICS eye stifling US dollar influence with blockchain-based payment system

Russia is reportedly banking on the planned blockchain-based payment system to reduce the U.S. dollar's global influence, seeking help from...
China ramps up quantum computing, AI efforts as race with US heats up: report
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9 March, 2024

China ramps up quantum computing, AI efforts as race with US heats up: report

A new report says China will draw up plans to step up efforts in emerging tech to meet strategic goals...
China builds AI platform ‘Supermind’ to track researchers worldwide
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8 March, 2024

China builds AI platform ‘Supermind’ to track researchers worldwide

The new platform, backed by Chinese city Shenzen, is expected to rely on AI to automatically collate large swathes of...
China warns against fake CBDC app
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6 March, 2024

China warns against fake CBDC app

Scammers are reportedly using fake apps to trick Chinese digital yuan users with promises of dividends before wiping the victims’...