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China

Block reward mining facilities under Beijing’s watchful eye
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5 May, 2021

Block reward mining facilities under Beijing’s watchful eye

The Beijing Municipal Bureau of Economy and Information Technology reportedly sent an "emergency notice" to the city's data center operators...
China’s retail giant JD.com pays employees with digital yuan
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30 April, 2021

China’s retail giant JD.com pays employees with digital yuan

JD.com confirmed recently that aside from the employees, it has also been paying off some of its business partners with...
CBDC development is accelerating, but China isn’t winning the race: PwC report
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24 April, 2021

CBDC development is accelerating, but China isn’t winning the race: PwC report

PwC published its inaugural Global CBDC Index recently, measuring global central banks’ maturity level in deploying their own digital currency.
Bitcoin Association’s Developer Bootcamp: How China is opening up to Bitcoin SV
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22 April, 2021

Bitcoin Association’s Developer Bootcamp: How China is opening up to Bitcoin SV

Forty of talented developers gathered last week on the beautiful island of Dong’ao, in Guangdong province, to attend the Bitcoin...
People’s Bank of China: Bitcoin is an investment option, not a currency
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21 April, 2021

People’s Bank of China: Bitcoin is an investment option, not a currency

Li Bo, the deputy PBoC governor, said the apex bank is satisfied with the current digital currency regulations in China,...
Chinese police arrest 15 over EOS gambling app, seize $3.8M in digital currencies
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18 April, 2021

Chinese police arrest 15 over EOS gambling app, seize $3.8M in digital currencies

Police in Yancheg city, Jiangsu province, have been investigating the operation since it came to their attention in October 2020,...
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