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China

Paper critique: ‘The Birth of Crypto Place on the Blockchain’
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6 June, 2023

Paper critique: ‘The Birth of Crypto Place on the Blockchain’

An aspect of the paper that fails to analyze the technology correctly is a false determination that Bitcoin and related...
Beijing’s new Web3 white paper seeks to foster industry innovation
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1 June, 2023

Beijing’s new Web3 white paper seeks to foster industry innovation

Beijing’s white paper divides Web3 into four distinct areas: the infrastructure, interactive terminal, platform tool, and application layers.
China’s Nanjing launches metaverse platform to advance research and development
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31 May, 2023

China’s Nanjing launches metaverse platform to advance research and development

Former Vice Minister of Science and Technology Wu Zhong-ze claimed that Nanjing's metaverse platform would contribute to standards and guidelines...
China expands digital yuan pilot for SME loans to trigger widespread usage
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23 May, 2023

China expands digital yuan pilot for SME loans to trigger widespread usage

Banking officials state that relying on CBDCs for SME loans can ensure "the authenticity and credibility of the closed-loop circulation...
China: Residents warned vs investing in NFTs amid rising interest
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21 May, 2023

China: Residents warned vs investing in NFTs amid rising interest

Non-fungible tokens are subject to illicit vices like unauthorized fundraising, scams, and price manipulations that put investors at risk, according...
Fuzhou lures Web3 firms with incentives to set up shop in the city
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20 May, 2023

Fuzhou lures Web3 firms with incentives to set up shop in the city

After baring its metaverse ambitions, China is now focusing on fortifying its Web3 ecosystem, with Fuzhou leading the way by...
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