Blockchain-based digital court launches in Japan
Economics researchers have created a blockchain-based digital court in Japan, aiming to make the legal process efficient, accessible and cost-effective.
Latest China News
China’s financial watchdog warns against ‘manipulative’ exchanges
The National Internet Finance Association cautions investors against using digital currency exchanges outside the country.
People’s Bank of China close to launching digital currency: report
The Chinese central bank appears to have finished developing the digital currency’s basic function.
ICOs plummet as China’s share of funding rises: report
ICOs took a huge beating in 2019, with funds raised going down by 95% in 2019. Venture capital firms are filling in the gap, with China now closing in on U.S.
Crypto Curry Club: Blockchain in China highlights
Leading individuals from across the financial world assembled to discuss China’s recent proposal for a digital currency pegged to the Renminbi.
Baidu staffer caught trying to make free Monero coins
A senior engineer at Chinese search giant Baidu was arrested and charged for using company servers to mine Monero. He has been sentenced to 3 years in jail.
Hunan pioneers China’s provincial blockchain zone
The “Wanbao” blockchain zone is located in the city of Loudi, making it the first blockchain zone in Hunan province.
Asian digital currency custody firm raises $3M for settlement network
First Digital Trust has raised $3 million from a Taiwanese venture capital firm to build its rapid settlement and clearing network which launches in May.
Beijing implements blockchain invoicing for enhanced transparency
Beijing has joined Shenzhen in implementing blockchain invoicing as it seeks to increase transparency, reduce the associated costs and increase convenience.
MicroBT market share rises as Bitmain’s struggles continues
MicroBT, has managed to increase its market share while industry leader Bitmain struggles with supply chain setbacks and internal strife.
FCoin exchange shuts down amid exit scam allegations
Chinese exchange FCoin has shut down claiming to be under maintenance, but it appears the problems are bigger and could lose $125 million for its users.
Jack Liu sees ‘level of sophistication’ from ideas for Bitcoin SV use
Bitcoin development in China is happening at a rapid pace, with a growing number of startups focusing on developing apps for Bitcoin SV.