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...
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...
Two Chinese Intelligence Officers are facing charges in the US for obstructing justice with Bitcoin bribery. The US Department of Justice released documents on Monday, Oct...
Two Chinese courts upheld decisions of declaring a sales contract non and void because virtual currencies were involved. Apart from popular virtual currencies like BTC, ETH,...
Despite the recent crackdown on cryptocurrencies in China, testing of their central bank digital currency or digital yuan dubbed ‘e-CNY’ has not ceased. The People’s Bank...
China bans NFTs, Calls them Digital Collectibles instead
Fast food retail giant McDonald in China has entered into the world of cryptocurrency as it launches its NFT collections. McDonald’s China in celebration of...
Speaking on China Ban on cryptocurrency, Lead Wallet CEO, Francis Obasi said “Talking about china and the ban sometimes I’m tempted to think that there’s...
Bidesk has announced its permanent shutdown of its operation following China's aggressive and drastic policy changes & restrictions
The government of the People’s Republic of China has been in the news again for banning cryptocurrency and related activities in the country. Early hours of...
Cryptocurrency businesses have been on the move out of the People’s Republic of China since the government’s extensive crackdown on crypto-based businesses began. In other to...
The Central Bank of the People’s Republic of China has released the whitepaper for its Digital Currency (e-CNY). In the documents, the Central Bank emphasized of...
Bitcoin, Stablecoins and other cryptocurrencies threaten the financial security and social stability of the nation Cryptocurrencies are speculative tools Central Bank Digital Currencies are divided into...
The Chinese police department recently confiscated cryptocurrencies valued at billions of dollars held by the PlusToken Ponzi scheme (Scam perpetrators) in China. The Jiangsu Yancheng Intermediate...
China’s central bank; People’s Bank of China (PBOC) has started flagging entities’ accounts that is involved in huge cryptocurrency trading according to a latest news report....
Notwithstanding that the whole world was shut down recently due to the Coronavirus pandemic, it appears that China has scaled higher in terms of the number...
Notwithstanding that the whole world was shut down recently due to the Coronavirus pandemic, it appears that China has scaled higher in terms of the number...
