China

China’s digital yuan deployed in securities trade for the first time
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20 January, 2023

China’s digital yuan deployed in securities trade for the first time

Soochow Securities has become the first Chinese firm to use the digital yuan in securities trading and providing technical and...
People’s Bank of China currency report now includes digital yuan
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16 January, 2023

People’s Bank of China currency report now includes digital yuan

Including digital yuan data in the final report is a clear statement of intent by the PBoC to move with...
Court in China rules blockchain-based P2E games are not protected by law
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8 January, 2023

Court in China rules blockchain-based P2E games are not protected by law

Play to earn games and their in-game assets do not have the same levels of investor protection as traditional investments,...
China in global lead with over 1,400 blockchain firms: report
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5 January, 2023

China in global lead with over 1,400 blockchain firms: report

A national white paper revealed that combined, China and the United States account for over half of all global blockchain...
Chinese Communist Party official pleads guilty to aiding BTC miners
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4 January, 2023

Chinese Communist Party official pleads guilty to aiding BTC miners

Xiao Yi was the CCP Secretary in the City of Fuzhou from ‘18 to ‘21, and during that time, he...
China’s CBDC wallet utilizes AliPay’s red packets to boost adoption amid stiff competition
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2 January, 2023

China’s CBDC wallet utilizes AliPay’s red packets to boost adoption amid stiff competition

To boost CBDC wallet adoption and keep up with the payments industry, the PBoC digitally incorporated China's age-old tradition of...
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