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China

Tencent invests heavily in blockchain, other emerging tech
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31 May, 2020

Tencent invests heavily in blockchain, other emerging tech

WeChat owner Tencent is to invest $70 billion in emerging technologies such as blockchain and cloud computing as it seeks...
China’s new law allows digital currencies inheritance
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29 May, 2020

China’s new law allows digital currencies inheritance

China has passed a new law as part of its first civil code that will allow citizens to inherit digital...
PBoC governor confirms ‘no timetable’ for digital yuan
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29 May, 2020

PBoC governor confirms ‘no timetable’ for digital yuan

Yi Gang, head of the Chinese central bank, said there was no date for an official launch yet for the...
China’s Sichuan moves to ban digital currency transaction processors
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28 May, 2020

China’s Sichuan moves to ban digital currency transaction processors

The move comes as a surprise since many local governments have encouraged transaction processors to utilize the excess hydroelectric power...
Nasdaq crackdown spells trouble for Chinese blockchain firms
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28 May, 2020

Nasdaq crackdown spells trouble for Chinese blockchain firms

Nasdaq will be making it more difficult for foreign companies, including blockchain firms, to list on its exchange.
China blockchain firms may lose access to US capital markets
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26 May, 2020

China blockchain firms may lose access to US capital markets

The U.S. Senate took steps toward forcing Chinese companies to adhere to transparency rules or risk losing access to U.S....
Plus Token leader faces public prosecution in China
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26 May, 2020

Plus Token leader faces public prosecution in China

One of the key leaders of the Plus Token scam is set to face public prosecution in China for allegedly...
China’s Hainan clamps down on digital currency businesses
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23 May, 2020

China’s Hainan clamps down on digital currency businesses

The Chinese province requires businesses not to engage in activities deemed illegal, including issuing tokens and offering digital currency exchange.
Chinese police arrest 12 in digital currency money laundering scam
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21 May, 2020

Chinese police arrest 12 in digital currency money laundering scam

The group allegedly used Huobi’s platform to transfer the proceeds of fraud to an overseas bank account via digital currency...
China swoops in to centralize block reward mining
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20 May, 2020

China swoops in to centralize block reward mining

Municipalities and regulators are offering incentives to reinforce and boost the local block reward mining industry as part of the...
Will Beijing prop up block reward miners in China?
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18 May, 2020

Will Beijing prop up block reward miners in China?

Block reward miners in China have another competitive advantage over their industry peers.
Blockchain jobs now officially recognized in China
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18 May, 2020

Blockchain jobs now officially recognized in China

China has officially recognized blockchain-related jobs, including blockchain engineers and blockchain application operators.