Tag: China
China Introduces Stricter Crypto Regulations
Reading time: < 1 minuteChina has strengthened regulations to control the use of cryptocurrencies, with the State Administration of Foreign Exchange (SAFE) requiring banks to monitor and identify risky trades involving digital assets.
China’s PBoC Highlights Crypto Regulation in Annual Report
Reading time: < 1 minuteThe China Financial Stability Report (2024) from the People’s Bank of China (PBOC) has been released, providing insights into the country’s financial stability strategies and economic advancements in the past year.
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.
