China

China’s Inner Mongolia sets up hotline to report block reward miners
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21 May, 2021

China’s Inner Mongolia sets up hotline to report block reward miners

The Inner Mongolia Development and Reform Commission has set up a dedicated hotline and email address for locals to report...
China self-regulatory associations ban banks from digital currency transactions
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20 May, 2021

China self-regulatory associations ban banks from digital currency transactions

The three groups believe that digital currencies are disrupting China’s economic order and urged traders to be cautious when investing...
Alipay to enable test of digital yuan
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14 May, 2021

Alipay to enable test of digital yuan

The move was made possible by the involvement of MYbank, one of the leading internet-only banks in China, which is...
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.
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