China intensive blockchain trial involves 164 entities in Beijing, Shanghai
The government of China is calling for an “intensive and balanced layout of blockchain technology infrastructure” in 15 zones even after the digital currency ban.
Latest China News
The CoinGeek Pulse Episode 75: Meta joins COPA, China pilots blockchain app, BSV Global Blockchain Convention in Dubai
BSV blockchain will be at the center of the first BSV Global Blockchain Convention. The three-day event will be held in Dubai from May 24 to 26 at the Grand Hyatt Hotel.
Georgia makes residents pledge holy oath vs digital currency mining
As China leads a number of countries in legal measures against block reward mining, Georgia is turning to a different solution—a holy oath against mining.
8 arrested in China over $8M DeFi rug pull
Police from Chizhou arrested the eight people from different provinces in China, seizing about $950,000 in digital assets, cars, villas, and assets allegedly paid for by the proceeds from the rug pull.
Will China’s digital yuan unseat the US dollar?
The U.S. dollar makes up 51% of central bank reserves, while the CNY only takes up 2%. Also, the U.S. dollar is involved in 88% of global FX transactions, a figure that remained stable for 20 years.
2022 the year of reawakening
Society is sick with AIDS, its immune system has been compromised, and we are now exposed to any attacks upon our system as a global community.
The CoinGeek Pulse Episode 71: Shanghai Metaverse plan, Bitcoin mining in SE Asia, Bitcoin Genesis Day celebrates 13 years
This week marks the 13th year of the Bitcoin Genesis Block. It first appeared on January 3, 2009, containing the now-famous headline from The Times: “Chancellor on brink of second bailout for banks.”
China’s digital yuan wallet launches on app stores for 11 select cities
The wallet is available for users in Shenzhen, Shanghai, Chengdu, Qingdao, Suzhou and six other cities, as well as those in Beijing for the Winter Olympics.
Tencent, Huawei, and Alibaba lead 1,300+ Chinese companies in metaverse trademark race
The money is flowing into the metaverse, with the emerging sector receiving over $1.5 billion, most of it in the last quarter of the year, according to reports.
BTC mining contract ruled to be invalid as Chinese court rejects compensation claims
Aside from ruling that the contract was invalid as mining is illegal in the country, the court also turned over all records in the case to national authorities so they could shut down the mining operation.
The history of paper money, banking, the gold standard, and fiat money in 10 minutes
Marquez Comelab takes us through the invention of paper money combined with the development and use of banking, which accelerated the evolution of the monetary and financial system we have today.
China links digital yuan to Hong Kong’s Faster Payments System in second CBDC trial phase
China has embarked on the second phase of its cross-border central bank digital currency research with Hong Kong, and it expects to link the CBDC to the city’s e-banking system.