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China

Alipay to enable test of digital yuan
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14 May, 2021

Alipay to enable test of digital yuan

The move was made possible by the involvement of MYbank, one of the leading internet-only banks in China, which is...
Block reward mining facilities under Beijing’s watchful eye
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5 May, 2021

Block reward mining facilities under Beijing’s watchful eye

The Beijing Municipal Bureau of Economy and Information Technology reportedly sent an "emergency notice" to the city's data center operators...
China’s retail giant JD.com pays employees with digital yuan
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30 April, 2021

China’s retail giant JD.com pays employees with digital yuan

JD.com confirmed recently that aside from the employees, it has also been paying off some of its business partners with...
CBDC development is accelerating, but China isn’t winning the race: PwC report
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24 April, 2021

CBDC development is accelerating, but China isn’t winning the race: PwC report

PwC published its inaugural Global CBDC Index recently, measuring global central banks’ maturity level in deploying their own digital currency.
Bitcoin Association’s Developer Bootcamp: How China is opening up to Bitcoin SV
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22 April, 2021

Bitcoin Association’s Developer Bootcamp: How China is opening up to Bitcoin SV

Forty of talented developers gathered last week on the beautiful island of Dong’ao, in Guangdong province, to attend the Bitcoin...
People’s Bank of China: Bitcoin is an investment option, not a currency
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21 April, 2021

People’s Bank of China: Bitcoin is an investment option, not a currency

Li Bo, the deputy PBoC governor, said the apex bank is satisfied with the current digital currency regulations in China,...
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