Conflux Network representatives announced they had participated in a demonstration meeting for a "super-large-scale blockchain basic platform for the Belt and Road" in Shanghai.
Chinese authorities have confirmed a modernization plan for Shanghai's Pudong New Area, focusing on establishing a new commercial hub and digital yuan experiments.
Shanghai sets its sights on becoming the epicenter of blockchain innovation by 2025, targeting breakthroughs in cryptography, smart contracts, and more, while nurturing a robust blockchain talent pool.
Shanghai announces plans to integrate blockchain technology into its digital economy through implementation strategy, Web3 deployment, and the potential of metaverse and CBDCs to boost the economy.
The government of Shanghai plans to launch a blockchain hub with Hong Kong and Singapore to improve city governance, public services and facilitate diverse industrial applications.
Shanghai’s plans target the development of key sectors, the protection of the environment, and improving the management of operations using blockchain and digital yuan.
Following initiatives from neighboring cities, Shanghai is building its metaverse ambitions under a recently published roadmap focusing on revitalizing its tourism and art sectors.
The NYAG filed charges against exchange KuCoin last week over failing to register as a securities and commodities broker-dealer while ETH was expressly labeled a security in the charges.
Hotbit says that police are investigating an ex-employee for criminal conduct and that its funds have been frozen for this, impacting its day-to-day operations.
Shanghai's blockchain adoption plans include creating an innovation system with blockchain and promoting the development of its ecosystem with strong innovation capabilities and independent control.
According to a local news outlet, the court made the statement in a case reference book it shared via WeChat titled "Does Bitcoin Have Property? How to perform return delivery?"
A digital asset pyramid scheme that allegedly defrauded over RMB 100 million from 60,000 Chinese investors has been busted by police in Shanghai.
