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China

Operators of $1B Ponzi scheme WoToken sentenced to 9 years in prison

Business

Steve Kaaru

4 November, 2020

Operators of $1B Ponzi scheme WoToken sentenced to 9 years in prison

A Chinese court has also ordered law enforcement agencies to seize $63.6 million worth of ill-gotten gains from the WoToken...

Patrick Thompson

2 November, 2020

PBoC Governor gives DC/EP update

During Hong Kong Fintech Week, People’s Bank of China (PBoC) governor Yi Gang gave several updates on the digital yuan

Shenzhen pilot program highlights potential for digital yuan

Business

Jacob Rozen

31 October, 2020

Shenzhen pilot program highlights potential for digital yuan

The digital yuan is not a digital currency like Bitcoin, but a virtual fiat currency issued and controlled by the...

China’s new draft law seeks to legalize digital yuan but ban competitors

Business

Steve Kaaru

29 October, 2020

China’s new draft law seeks to legalize digital yuan but ban competitors

In a new draft law, the bank proposed banning any yuan-pegged digital tokens, effectively killing off any competitor to its...

New report highlights opportunities for fintech, blockchain growth in China

Business

Jon Southurst

28 October, 2020

New report highlights opportunities for fintech, blockchain growth in China

Partnerships that create ecosystems will be key to success in China's growing fintech market, according to the inaugural China Fintech...

Hong Kong finance chief open to collaboration on digital yuan

Business

Ed Drake

28 October, 2020

Hong Kong finance chief open to collaboration on digital yuan

The Hong Kong government is reportedly exploring working with Chinese authorities to incorporate the digital yuan in wholesale and cross-border...

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James Field

15 Sep 2025

China

Operators of $1B Ponzi scheme WoToken sentenced to 9 years in prison

PBoC Governor gives DC/EP update

Shenzhen pilot program highlights potential for digital yuan

China’s new draft law seeks to legalize digital yuan but ban competitors

New report highlights opportunities for fintech, blockchain growth in China

Hong Kong finance chief open to collaboration on digital yuan

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Trending

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US FTC launches inquiry into AI chatbots acting as ‘companion’

The scaling question: Can blockchain handle Wall St volume?

Google, YouTube’s AI tools transform digital experience in PH

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Philippine city adopts blockchain for governance pilot

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Big Ideas Series, Part 2: MNEEGram

China warns against Worldcoin’s iris-scanning

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UPI charts next chapter: Global reach, local reinvention