China

Crypto China

Conflux and China Mobile’s Migu Debut World’s First Blockchain-Based Video Ringtone

New York, United States, August 21st, 2024, Chainwire

August 21, 2024

Chainwire

Is Crypto Mining Under Global Attack? Beijing Joins EU and US in an Anti-Mining Offensive

Beijing municipal authorities announced a plan to curb energy consumption and carbon emissions. The initiative targets crypto mining operations that have continued in China despite the 2021 ban.

February 5, 2024

Przemysław Ćwik

Regulatory Twists in South Korea, China, and Nigeria

South Korea and China plan to tighten the reigns of crypto regulation while Nigeria is taking a chance with a more open minded approach.

January 4, 2024

Danielle du Toit

China Will Use Blockchain-Based RealDID System to Verify Identities of Its 1.4 Billion Citizens

China is launching a blockchain-based RealDID system. The service will enable anonymous access to online services – after it collects users’ personal details.

December 12, 2023

Przemysław Ćwik

US Finance Is At Risk Of Censorship And China-Like Surveillance, CFPB's Head Warns

Rohit Chopra calls for stronger consumer protection against tech giants' data grab. The head of CFPB warned that the lack of proper regulation may lead to China-like surveillance and financial censorship.

October 9, 2023

Przemysław Ćwik

Despite the crypto ban, China remains Binance's biggest market, with 900,000 active users and $90 billion in monthly trade

The Chinese ban on crypto doesn't prevent Binance from trading exorbitant amounts of crypto-related assets. The platform processed $90 billion of cryptocurrency transactions in a month.

August 2, 2023

Przemysław Ćwik

China is now integrating CBDC with social security cards

China is moving forward with its digital yuan project. The CBDC will be integrated into social security cards to ensure adoption in rural areas and among the elderly.

July 6, 2023

Przemysław Ćwik