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China

China releases new digital yuan coupons ahead of 2022 Olympics
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10 December, 2021

China releases new digital yuan coupons ahead of 2022 Olympics

Four state-owned banks issued a new batch of digital yuan coupons in Beijing, which officials said can be used for...
Cybersecurity firm’s Qihoo 360 new software tracks block reward mining activities in China
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7 December, 2021

Cybersecurity firm’s Qihoo 360 new software tracks block reward mining activities in China

Qihoo 360 says its software can detect mining activities across any system and targets enterprises and state agencies seeking to...
China gov’t agency warns state-owned firms against mining
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21 November, 2021

China gov’t agency warns state-owned firms against mining

The NDRC has warned of dire consequences to state-owned entities in China found mining digital currencies as the crackdown on...
Chinese police crack down on digital yuan fraud ring
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18 November, 2021

Chinese police crack down on digital yuan fraud ring

Local authorities received a report from a woman who claimed she had been defrauded through a well-orchestrated digital yuan scam.
Beijing earmarks $37M funding for blockchain platform, computing center
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15 November, 2021

Beijing earmarks $37M funding for blockchain platform, computing center

The "Beijing Municipal Experimental Blockchain Platform" project aims to store information of residents and city facilities and manage government affairs...
ASIC maker Canaan sues chip developer Highsharp over patent infringement
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11 November, 2021

ASIC maker Canaan sues chip developer Highsharp over patent infringement

Canaan wants $14 million from China’s Highsharp, a chip developer which has partnered with AGM Holdings, the newest entrant in...
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