Tag: China
China Should Build a Bitcoin Reserve: CZ
Reading time: < 1 minuteChangpeng “CZ” Zhao, the former CEO of Binance, has predicted that China might become one of the first nations to establish a strategic Bitcoin reserve.
Former Chinese Finance Minister Says Crypto Sector Should Receive More Attention
Reading time: < 1 minuteWhile speaking at the 2024 Tsinghua Wudaokou Chief Economists Forum in Beijing, former Chinese finance minister Lou Jiwei urged China to thoroughly examine the developments in cryptocurrency.
China to Introduce AML Law for Fintech Firms
Reading time: < 1 minuteLawmakers in China are considering changing a previous law aimed at combating money laundering in order to effectively “monitor” and analyze the potential for money laundering through new financial technologies, including cryptocurrencies.
Conflux and China Mobile’s Migu Debut World’s First Blockchain-Based Video Ringtone
Reading time: 2 minutesNew York, United States, 21st August 2024, Chainwire
Bybit Allows Registration of Users in China
Reading time: < 1 minuteBybit has reportedly begun offering its services in a previously restricted jurisdiction, the People’s Republic of China.
China Expands its Digital Currency Program to Hong Kong
Reading time: < 1 minuteThe Hong Kong Monetary Authority and the People’s Bank of China have jointly announced the expansion of the use of e-CNY in the autonomous region.
China Rolls Out a Public Blockchain Infrastructure Platform
Reading time: < 1 minuteThe Chinese government, through Conflux Network, has launched a new public blockchain infrastructure platform.
China’s Legal Daily Calls to Crackdown on Crypto
Reading time: < 1 minuteThe official Legal Daily’s website published an article advocating for stricter measures against bribery involving cryptocurrency and other forms of electronic payment.
China Raises Concerns Regarding Crypto Exploitation
Reading time: < 1 minuteChinese official media outlets have expressed concerns over the misuse of cryptocurrencies by corrupt officials engaging in illicit activities.
The Bank of China Tokenizes $28M in Ethereum Securities
Reading time: < 1 minuteBOCI, part of the Bank of China group, has announced tokenized a 200 million yuan ($28 million) note issue on Ethereum in partnership with UBS.