China Southern Fund has reportedly applied to introduce a spot Bitcoin Exchange-Traded Fund (ETF) through Hong Kong’s financial markets. This comes amidst cautious sentiments prevailing in...
The Chinese government released its latest blockchain project titled “Ultra-Large Scale Blockchain Infrastructure Platform for the Belt and Road Initiative.” Spearheaded by Conflux Network, this project...
The official Shanghai Data Exchange has completed its inaugural digital asset issuance and transaction. Collaborating with local milk company Guangming, they issued a tradable limited digital...
The Ministry of Industry and Information Technology China has released a publication written in response to a proposal — Promoting the Development of web3 Industry —...
In recent years, Eastern Asia, which was once a major hub for the cryptocurrency world, has undergone significant changes in its crypto landscape. The decline in...
The Shanghai People’s Court, in a recent announcement, recognized Bitcoin as a unique digital currency in China, despite the country’s official ban on cryptocurrencies. A recent...
China Mobile, a state-owned telecommunications company, has put forth a proposal for a digital identity system to regulate activities within the metaverse. However, experts are raising...
In a surprising development, Shikongyun, one of China’s prominent companies, is facing allegations as local prosecutors have filed a lawsuit against the company for allegedly orchestrating...
The Bank of China has announced a partnership with China Telecom and China Unicom to conduct a test of an innovative offline payment system for China’s...
DBS’s Chinese subsidiary has recently launched a payment system to support the Chinese Central Bank Digital Currency (CBDC), known as e-CNY. This payment system...
Bank of China, under its investment arm, BOCI, has issued the first Chinese tokenized notes in Hong Kong. According to UBS, BOCI issued CNH 200 million...
The constantly evolving cryptocurrency landscape has caused Binance, a major exchange platform, to make significant moves that impact users in specific regions. This article covers the...
In the wake of Hong Kong’s move to make the city a stronghold for crypto, the CEO of Tron, Justin Sun has taken to Twitter, highlighting...
To draw in more users, China’s wallet app for its digital yuan central bank digital currency (CBDC) added a function that allows users to transfer...
China is looking to go NFT as plans to launch an NFT marketplace were disclosed by a local news outlet, Sina News, and expected to go...
China Pacific Insurance has launched a digital currency account insurance product. The Insurance behemoth announced its branch in the Suzhou region. The Bank of Communications is...
China is exploring expiration dates for its digital currency (CBDC), digital yuan, or DCEP, which means the currency would expire if not used within a given...
A court in the Chinese city of Hangzhou has ruled that non-fungible tokens (NFTs) are virtual property protected by the People’s Republic’s laws. The ruling resulted...
CZ, founder and CEO of Binance, at the opening day of Web Summit 2022 explained that the US has the best bank support for crypto globally...