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Tag: China

All news related to the Asian giant.

Conflux and China Telecom debut first on-chain interaction with Blockchain SIM card

Reading Time: 2 minutes Toronto, Canada, May 16th, 2023, Chainwire Conflux Network, the first regulatory compliant public blockchain in China and global communications network, China Telecom, today unveiled its jointly developed Blockchain SIM (BSIM) […]

May 16, 2023May 16, 2023 chainwire Press releases

Conflux to Bring Uniswap v3 and Curve to China’s Public Blockchain

Reading Time: 2 minutes Toronto, Canada, April 14th, 2023, Chainwire Conflux, the only regulatory-compliant blockchain in China, has proposed deploying Uniswap v3 on its network alongside CNH (offshore Chinese Yuan) stable currency, and joining […]

April 14, 2023April 14, 2023 chainwire Press releases

Chinese Banks Want to Offer Services to Hong Kong-based Crypto Companies

Reading Time: < 1 minute Several Chinese banks, such as Shanghai Pudong Development Bank, Bank of Communications, and Bank of China, have opened accounts or requested cooperation with Hong Kong-based crypto firms.

March 27, 2023March 27, 2023 Chris Smith News

Crypto Exchange KuCoin Invests in Yuan-Based Stablecoin Issuer

Reading Time: < 1 minute KuCoin Ventures has announced it has led a funding round for the issuer of the stablecoin CNHC, pegged to the value of the offshore yuan.

March 16, 2023March 16, 2023 Tony Pearce News

China Telecom and Conflux Network to pilot Blockchain enabled SIM card in Hong Kong

Reading Time: 3 minutes Toronto, Canada, 15th February, 2023, Chainwire Today China Telecom and Conflux Network announce a partnership to bring Blockchain SIM cards (BSIM) to market. The entry-level Web3 product will be the […]

February 15, 2023February 15, 2023 chainwire Press releases

China’s “Instagram” chooses Conflux Network for permissionless blockchain integration

Reading Time: 2 minutes Toronto, Canada, 24th January, 2023, Chainwire Little Red Book, (XiaohongShu), the Chinese version of Instagram integrates Conflux Network as permissionless blockchain allowing users to showcase NFTs minted on Conflux on […]

January 25, 2023January 25, 2023 chainwire Press releases

China Will Launch a Regulated Non-fungible Token Marketplace in 2023

Reading Time: < 1 minute China has plans to launch a state-backed trading platform for non-fungible tokens (NFTs) next year.

December 30, 2022December 30, 2022 Tony Pearce News

1,000 Web3-focused Startups Will Receive Support to Open Businesses in Hong Kong

Reading Time: < 1 minute The G-Rocket accelerator has announced it plans to support about 1,000 Web3 startups open businesses in Hong Kong over the next three years.

December 26, 2022December 26, 2022 Tony Pearce News

63 Suspects of Laundering $1.7B Through USDT Are Arrested in China

Reading Time: < 1 minute The Chinese authorities have arrested 63 people in a massive operation for reportedly laundering $1.7 billion using Tether’s USDT.

December 13, 2022December 13, 2022 Tony Pearce News

Two Chinese Spies Are Accused of Using BTC to Bribe a US Civil Servant

Reading Time: < 1 minute Two Chinese intelligence officers in absentia have been charged with bribing a government official to obstruct justice.

October 26, 2022October 26, 2022 Chris Smith News

China Plans to Expand Digital Yuan Testing to Four Provinces

Reading Time: < 1 minute The deputy governor of the Central Bank of China has said that the Chinese provinces of Sichuan, Hebei, Jiangsu and Guangdong will start testing the digital yuan.

September 21, 2022September 21, 2022 Chris Smith News

Filecoin Project RRMine to Move to Singapore

Reading Time: < 1 minute The largest Chinese service provider on the Filecoin network is moving its business to Singapore.

September 14, 2022September 14, 2022 Chris Smith News

Changpeng Zhao Denies Binance is Connected with Chinese Authorities

Reading Time: < 1 minute Changpeng Zhao, CEO of crypto exchange Binance, has revealed the details of the creation and development of the exchange.

September 5, 2022September 5, 2022 Chris Smith News

The Co-founder of Chinese Blockchain BSN Says Bitcoin is a Ponzi Scheme

Reading Time: < 1 minute He Yifan, CEO of Red Date Technology and co-founder of BSN, has said that unregulated cryptocurrencies, including Bitcoin, are “the biggest Ponzi scheme in human history.”

June 28, 2022June 28, 2022 Tony Pearce News

Chinese Court Recognizes Bitcoin as an Asset Protected by the Law

Reading Time: < 1 minute The Shanghai District Court has ruled in favor of a Bitcoin owner and awarded him a compensation.

May 16, 2022May 16, 2022 Tony Pearce News

China Internet Giants Revise Their Policy Regarding NFT Platforms

Reading Time: < 1 minute Ant Group and Tencent-owned NFT marketplaces have updated their user agreements due to fears of government reprisals and a lack of regulatory clarity.

March 22, 2022March 22, 2022 Tony Pearce News

Bit Digital Returns 39% of Mining Devices Back to Network After Moving From China

Reading Time: < 1 minute The Nasdaq-listed mining company has deployed 39.2% of cryptocurrency mining rigs in North America a few months after leaving China.

March 17, 2022March 17, 2022 Tony Pearce News

China Tights Punishments for Crypto Fundraising

Reading Time: < 1 minute The Supreme People’s Court of the People’s Republic of China has recently amended the legal norms on illegal attraction of funds, toughening criminal liability.

February 25, 2022February 25, 2022 Chris Smith News

Changpeng Zhao Calls China’s Crypto Market Speculative

Reading Time: < 1 minute China has a quite speculative cryptocurrency market, where there are many novice traders with insufficient knowledge.

November 30, 2021November 30, 2021 Chris Smith News

Central Bank of China to Develop a System for Tracking Crypto Transactions

Reading Time: < 1 minute The director of the Anti-Money Laundering Monitoring and Analysis Center of the People’s Bank of China has called for the creation of a cryptocurrency transaction tracking system to strengthen the regulation in the country.

November 26, 2021November 26, 2021 Tony Pearce News

Chinese Investors Use Cryptos to Purchase Real Estate in Japan

Reading Time: < 1 minute The Tokyo Internal Revenue Service has found out that Chinese investors purchased ¥27 billion ($237 million) worth of real estate in Japan using cryptos.

November 12, 2021November 12, 2021 Chris Smith News

Ant Group and Tencent Distance Themselves from Term NFTs

Reading Time: < 1 minute China-based tech companies Ant Group and Tencent have changed the term “non-fungible tokens” (NFTs) to “digital collectibles” on their platforms and sites.

October 25, 2021October 25, 2021 Chris Smith News

Binance to Close Access to OTC Trading for Users in Mainland China

Reading Time: < 1 minute From December 31, 2021, crypto exchange Binance will remove the Chinese yuan from the list of over-the-counter (OTC) markets and close access to OTC trading for users in mainland China.

October 13, 2021October 13, 2021 Chris Smith News

Bloomberg Finds PRC Corporate Bonds in Tether’s Reserves

Reading Time: < 1 minute Tether (USDT) includes short-term loans to large Chinese companies and loans to cryptocurrency lending platforms such as Celsius Network.

October 8, 2021October 8, 2021 Chris Smith News

Huobi Decides to Shut Down Business in China Due to Authorities Pressure

Reading Time: < 1 minute Cryptocurrency exchange Huobi has decided to leave China after Beijing tightened the regulation of the cryptocurrency industry.

October 5, 2021October 5, 2021 Tony Pearce News

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