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China

China integrates new blockchain consensus protocol into mBridge cross-border CBDC project
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21 October, 2023

China integrates new blockchain consensus protocol into mBridge cross-border CBDC project

mBridge previously relied on a customized network developed by four central banks, but it’s now deployed on the Dashing Protocol...
US tightens AI chip export restrictions to China
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20 October, 2023

US tightens AI chip export restrictions to China

The Biden administration has announced new rules that will choke off China from Nvidia’s made-for-China A800 and H800 chips as...
China must prevent the use of digital yuan in crime: former central bank governor
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17 October, 2023

China must prevent the use of digital yuan in crime: former central bank governor

As the costs of using any technology drop, it becomes easier for criminals to abuse it; just look at crypto...
Digital yuan enhances new cross-border functionality for Hong Kong
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14 October, 2023

Digital yuan enhances new cross-border functionality for Hong Kong

China boosts CBDC for tourist adoption focusing on Hong Kong residents, new features enable seamless Faster Payment System top-ups, advancing...
Saudi Arabia enters AI race with AceGPT launch
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14 October, 2023

Saudi Arabia enters AI race with AceGPT launch

Saudi Arabia introduced the latest advancement in the tech space, the AceGPT, an AI system that would address issues in...
Hong Kong a bright spot in Eastern Asia’s dwindling digital asset market: Chainalysis
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6 October, 2023

Hong Kong a bright spot in Eastern Asia’s dwindling digital asset market: Chainalysis

Once a global hotspot, Eastern Asia has dropped below its peers after China banned digital assets, but Hong Kong is...
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