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China

Trump’s intelligence chief warns against China’s digital currency dominance
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27 November, 2020

Trump’s intelligence chief warns against China’s digital currency dominance

The United States’ intelligence community has raised concerns over China’s continued dominance in the digital currency space.
China’s Xi Jinping urges G20 to lay groundwork for CBDC adoption
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25 November, 2020

China’s Xi Jinping urges G20 to lay groundwork for CBDC adoption

China’s President Xi Jinping has called on G20 leaders to lay the groundwork for central bank digital currencies adoption by...
China block reward miners finding it hard to pay electricity bills: report
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22 November, 2020

China block reward miners finding it hard to pay electricity bills: report

The clampdown has reportedly makes it harder for block reward miners to exchange the digital token they mine into the...
China to develop new CBDC test zone in Beijing
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14 November, 2020

China to develop new CBDC test zone in Beijing

The PBoC’s Digital Currency Research Institute announced that it was planning to build a ‘legal digital currency test zone’ in...
BSV app dev event in Shenzhen equips developers with building tools
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11 November, 2020

BSV app dev event in Shenzhen equips developers with building tools

Bitcoin Association teamed up with SatoPlay to host the event which sought to equip developers with the insight and tools...
Huobi beset by reports of law enforcement action
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6 November, 2020

Huobi beset by reports of law enforcement action

Huobi has reassured customers that their assets stored in the platform's wallets were safe, following speculation that Robin Zhu was...
Huawei new smartphone comes with digital yuan wallet
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5 November, 2020

Huawei new smartphone comes with digital yuan wallet

Huawei’s latest range of smartphones will allow its users to store, send and receive China’s central bank digital currency.
Xi Jinping urges China to lead in digital currency regulation
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4 November, 2020

Xi Jinping urges China to lead in digital currency regulation

Xi Jinping’s pro-blockchain stance has played a big part in China’s move to become a global blockchain hub.
Operators of $1B Ponzi scheme WoToken sentenced to 9 years in prison
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4 November, 2020

Operators of $1B Ponzi scheme WoToken sentenced to 9 years in prison

A Chinese court has also ordered law enforcement agencies to seize $63.6 million worth of ill-gotten gains from the WoToken...
PBoC Governor gives DC/EP update
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2 November, 2020

PBoC Governor gives DC/EP update

During Hong Kong Fintech Week, People’s Bank of China (PBoC) governor Yi Gang gave several updates on the digital yuan

Shenzhen pilot program highlights potential for digital yuan
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31 October, 2020

Shenzhen pilot program highlights potential for digital yuan

The digital yuan is not a digital currency like Bitcoin, but a virtual fiat currency issued and controlled by the...
China’s new draft law seeks to legalize digital yuan but ban competitors
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29 October, 2020

China’s new draft law seeks to legalize digital yuan but ban competitors

In a new draft law, the bank proposed banning any yuan-pegged digital tokens, effectively killing off any competitor to its...