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Digital asset ownership legal in China: Shanghai judge
The judge said that digital assets are considered property under China’s law when held by individuals; businesses are not allowed...
Hong Kong leads Web3 race; China tackles digital divide
China and its Special Administrative Region, Hong Kong, are working toward a digital future, launching initiatives to support their growing...
China bares CBDC upgrade; Australia’s Project Acacia underway
In a bid to boost CBDC adoption, China steps up its game by upgrading its digital yuan hardware wallet, while...
This Week in AI: US, China clash; Amazon eyes in-house chips
China and the U.S. are butting heads anew over trade, while Amazon eyes to become a major player in the...
Alibaba lays off dozens from metaverse department: report
Alibaba joins fellow Chinese tech giant Baidu in scaling down its interest in the metaverse, with AI replacing the hype...
This Week in AI: US tightens AI restrictions on China
The U.S. issued a rule restricting American investments in China, Hong Kong, and Macau, specifically within industries like AI, semiconductors,...
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