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China

State-owned Chinese banks offer financial services to Hong Kong digital asset firms
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20 April, 2023

State-owned Chinese banks offer financial services to Hong Kong digital asset firms

With China's current digital asset regulation, service providers are now looking at Hong Kong to offer their services as the...
Chinese regulators plot tighter controls for AI services amid rising interest
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16 April, 2023

Chinese regulators plot tighter controls for AI services amid rising interest

The latest AI regulations include the need for service providers to ensure their content is in line with IP laws...
ASIC-maker Bitmain fined $3.6 million in China over tax violations
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13 April, 2023

ASIC-maker Bitmain fined $3.6 million in China over tax violations

Bitmain must pay $3.6 million for allegedly failing to pay personal income taxes worth $2.4 million despite notices from the...
China, Hong Kong take the lead in blockchain logistics: report
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13 April, 2023

China, Hong Kong take the lead in blockchain logistics: report

Blockchain use in logistics and supply chain was dealt a big blow when Maersk and IBM shut down TradeLens; the...
Russia wants BRICS nations to explore new trade currency
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4 April, 2023

Russia wants BRICS nations to explore new trade currency

India and Russia should take the lead in forming a financial relationship to ultimately create a new common currency, according...
China launches public consultation, eyes improved blockchain standards by 2025
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1 April, 2023

China launches public consultation, eyes improved blockchain standards by 2025

In line with China's digital economic ambitions, the MIIT will upgrade the country's blockchain standards, a move that paints the...
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