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China

People’s Bank of China will ‘undoubtedly’ launch digital yuan
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10 April, 2020

People’s Bank of China will ‘undoubtedly’ launch digital yuan

The central bank said it would continue the development of a digital currency, with a view to launching as soon...
Blockchain-based digital court launches in Japan
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8 April, 2020

Blockchain-based digital court launches in Japan

Economics researchers have created a blockchain-based digital court in Japan, aiming to make the legal process efficient, accessible and cost-effective.
China’s financial watchdog warns against ‘manipulative’ exchanges
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6 April, 2020

China’s financial watchdog warns against ‘manipulative’ exchanges

The National Internet Finance Association cautions investors against using digital currency exchanges outside the country.
People’s Bank of China close to launching digital currency: report
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25 March, 2020

People’s Bank of China close to launching digital currency: report

The Chinese central bank appears to have finished developing the digital currency’s basic function.
ICOs plummet as China’s share of funding rises: report
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25 March, 2020

ICOs plummet as China’s share of funding rises: report

ICOs took a huge beating in 2019, with funds raised going down by 95% in 2019. Venture capital firms are...
Crypto Curry Club: Blockchain in China highlights
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20 March, 2020

Crypto Curry Club: Blockchain in China highlights

Leading individuals from across the financial world assembled to discuss China’s recent proposal for a digital currency pegged to the...
Baidu staffer caught trying to make free Monero coins
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18 March, 2020

Baidu staffer caught trying to make free Monero coins

A senior engineer at Chinese search giant Baidu was arrested and charged for using company servers to mine Monero. He...
Hunan pioneers China’s provincial blockchain zone
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16 March, 2020

Hunan pioneers China’s provincial blockchain zone

The “Wanbao” blockchain zone is located in the city of Loudi, making it the first blockchain zone in Hunan province.
Asian digital currency custody firm raises $3M for settlement network
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10 March, 2020

Asian digital currency custody firm raises $3M for settlement network

First Digital Trust has raised $3 million from a Taiwanese venture capital firm to build its rapid settlement and clearing...
Beijing implements blockchain invoicing for enhanced transparency
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7 March, 2020

Beijing implements blockchain invoicing for enhanced transparency

Beijing has joined Shenzhen in implementing blockchain invoicing as it seeks to increase transparency, reduce the associated costs and increase...
MicroBT market share rises as Bitmain’s struggles continues
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24 February, 2020

MicroBT market share rises as Bitmain’s struggles continues

MicroBT, has managed to increase its market share while industry leader Bitmain struggles with supply chain setbacks and internal strife.
FCoin exchange shuts down amid exit scam allegations
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19 February, 2020

FCoin exchange shuts down amid exit scam allegations

Chinese exchange FCoin has shut down claiming to be under maintenance, but it appears the problems are bigger and could...