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China

China’s digital yuan to be in use by the 2022 Winter Olympics
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22 April, 2020

China’s digital yuan to be in use by the 2022 Winter Olympics

After years of speculation, China’s central bank has revealed that its long-awaited digital yuan will be in use during the...
Users of EOS-based wallet suddenly left penniless as company folds
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22 April, 2020

Users of EOS-based wallet suddenly left penniless as company folds

The EOS Ecosystem wallet app has suddenly gone dark, leaving around $52 million in held funds inaccessible by users.
The new PlusToken? Chinese scam pockets $12M in 3 weeks
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21 April, 2020

The new PlusToken? Chinese scam pockets $12M in 3 weeks

A Chinese scam has attracted thousands of investors, with promises of a utopian world and exponential returns. In just three...
Malaysian police arrest 14 Chinese men involved in digital currency scam
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21 April, 2020

Malaysian police arrest 14 Chinese men involved in digital currency scam

Police in Malaysia have arrested 14 Chinese men who have been targeting investors from China. They would pose as successful...
China’s latest blockchain project targets e-commerce industry
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20 April, 2020

China’s latest blockchain project targets e-commerce industry

A Chinese blockchain association has partnered with local tech company Chongqing Jinwowo Technologies to develop a blockchain-based e-commerce platform.
China plans to give CBDC to state employees in pilot scheme
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19 April, 2020

China plans to give CBDC to state employees in pilot scheme

The scheme will see government employees in Suzhou paid 50% of their travel subsidies for May in digital currency.
China gears for national blockchain network rollout
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18 April, 2020

China gears for national blockchain network rollout

China is set to finally launch its national blockchain platform in the coming week, seeking to become the undisputed global...
China blacklists blockchain company accused of offering poor quality products
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17 April, 2020

China blacklists blockchain company accused of offering poor quality products

The state-backed Tus Data Asset firm was distributing medical supplies to combat the coronavirus before the state intervened.
Third largest Chinese bank launches CBDC test app for select users
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16 April, 2020

Third largest Chinese bank launches CBDC test app for select users

Agricultural Bank of China has launched a test app for the PBoC’s digital currency, giving the first real insight into...
Tencent, Baidu join China’s national blockchain committee
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16 April, 2020

Tencent, Baidu join China’s national blockchain committee

The central government committee is to be made up of some 71 members, including senior executives from Tencent and Baidu.
Tesla completes blockchain pilot with Chinese shipping giant
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11 April, 2020

Tesla completes blockchain pilot with Chinese shipping giant

Tesla has completed a blockchain pilot with a Chinese shipping company, testing if the technology can make the shipping process...
Scammers in China using the Olympics and blockchain to lure investors
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10 April, 2020

Scammers in China using the Olympics and blockchain to lure investors

Blockchain scammers in China have been misleading investors to believe they are associated with the Olympics and they can help...