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China

NFT-related complaints surging in China, consumer watchdog says
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19 March, 2023

NFT-related complaints surging in China, consumer watchdog says

Authorities pointed out that the 30,000% increase in NFT-related complaints in 2022 could be tied to the lack of government...
Digital dollar is the only way US can fight ‘China’s surveillance coin,’ ex-CFTC boss says
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15 March, 2023

Digital dollar is the only way US can fight ‘China’s surveillance coin,’ ex-CFTC boss says

Christopher Giancarlo, who served as the 13th chair of the Commodity Futures Trading Commission, has called for accelerated digital dollar...
China’s new powerful financial regulator could deal a big blow to digital assets
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14 March, 2023

China’s new powerful financial regulator could deal a big blow to digital assets

The Chinese government wants to consolidate three top insurance and financial regulators into one powerful entity that would also take...
China’s parliament member calls for NFT regulations at ‘Two Sessions’
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12 March, 2023

China’s parliament member calls for NFT regulations at ‘Two Sessions’

Feng Qiya, a member of parliament, says that the deliberations will cut through technological and regulatory aspects to unify China’s...
WeChat adds digital yuan to payment platform as People’s Bank of China pushes for wider adoption
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11 March, 2023

WeChat adds digital yuan to payment platform as People’s Bank of China pushes for wider adoption

WeChat is lending the central bank a hand to support China's CBDC ambition by integrating the e-CNY in WeChat Pay,...
China’s digital yuan sees dismal adoption in Hong Kong
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7 March, 2023

China’s digital yuan sees dismal adoption in Hong Kong

Despite a renewed push by the Chinese central bank to woo users in Hong Kong, only 625 hard wallets were...
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