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Chinese Communist Party official pleads guilty to aiding BTC miners
Xiao Yi was the CCP Secretary in the City of Fuzhou from ‘18 to ‘21, and during that time, he...
China’s CBDC wallet utilizes AliPay’s red packets to boost adoption amid stiff competition
To boost CBDC wallet adoption and keep up with the payments industry, the PBoC digitally incorporated China's age-old tradition of...
China: Authorities arrest 63 people linked to digital asset money laundering ring
Chinese authorities, acting on a tip-off, launched a massive-scale raid that led to the arrest of 63 people allegedly tied...
Court in China grants legal protection on NFTs in landmark case
The Chinese court placed digital collectibles in the category of virtual property, likening it to the “selling of digital goods...
China’s foreign exchange agency seeks tighter control over the digital asset industry
China's foreign exchange bureau says there is a need to regulate and classify the digital asset sector to improve the...
China’s State Council warns against metaverse fever
The State Council issued a warning via the state-backed Economic Day that the metaverse might not be fit for some...
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