China

Baidu’s AI Ernie bot reached 100M users in China in under 6 months
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6 January, 2024

Baidu’s AI Ernie bot reached 100M users in China in under 6 months

Designed as an alternative to OpenAI's ChatGPT, Ernie bot received praises from critics, surging to the top of the Chinese...
Chinese VC firm pledges $10B fund to support Web3 startups
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4 January, 2024

Chinese VC firm pledges $10B fund to support Web3 startups

In an attempt to turn the Greater Bay Area into "world's meta-asset capital," China’s GBA Capital invests a whopping $10B...
Chinese state-owned entities settle $14M cross-border gold trade with digital yuan
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30 December, 2023

Chinese state-owned entities settle $14M cross-border gold trade with digital yuan

Other participants include the Shanghai Financial Exchange International Board and the Bank of China (Hong Kong), with participants pledging increased...
China blockchain-based ID experiment aims to stop data leaks
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29 December, 2023

China blockchain-based ID experiment aims to stop data leaks

BSN and Ministry of Public Security are pioneering RealDID, a blockchain-based ID system set to transform online verification for China’s...
China proclaims Web3 policy, hails new opportunities, downplays surveillance
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22 December, 2023

China proclaims Web3 policy, hails new opportunities, downplays surveillance

China's MIIT replied to a proposal submitted during the First Session of the 14th Chinese People's Political Consultative Conference in...
China to implement blockchain-based identity verification system
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20 December, 2023

China to implement blockchain-based identity verification system

China leverages blockchain technology for digital identity verification, introducing RealDID for citizen control and privacy, and advancing the national data...
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