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China

China’s $22M investment fund targets projects building in the metaverse
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9 May, 2023

China’s $22M investment fund targets projects building in the metaverse

Henan Cultural Tourism Investment Group's fund aims to promote Chinese culture and tourism using innovative technology like virtual reality and...
China moves forward with CBDC cross-border payment experiments
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28 April, 2023

China moves forward with CBDC cross-border payment experiments

As downloads and usage of digital yuan wane, China bares new plans to promote its CBDC by using it in...
China doubles down on digital yuan adoption with new payment scheme
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26 April, 2023

China doubles down on digital yuan adoption with new payment scheme

The Chinese city of Changshu is shaping itself as a model for CBDC adoption as it introduces a new payment...
State-owned Chinese banks offer financial services to Hong Kong digital asset firms
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20 April, 2023

State-owned Chinese banks offer financial services to Hong Kong digital asset firms

With China's current digital asset regulation, service providers are now looking at Hong Kong to offer their services as the...
Chinese regulators plot tighter controls for AI services amid rising interest
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16 April, 2023

Chinese regulators plot tighter controls for AI services amid rising interest

The latest AI regulations include the need for service providers to ensure their content is in line with IP laws...
ASIC-maker Bitmain fined $3.6 million in China over tax violations
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13 April, 2023

ASIC-maker Bitmain fined $3.6 million in China over tax violations

Bitmain must pay $3.6 million for allegedly failing to pay personal income taxes worth $2.4 million despite notices from the...
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