Tag: China
China Targets AI and Blockchain Growth Under Major Technology Plan Through 2030
In Brief:
China’s technology plan prioritizes artificial intelligence, blockchain, advanced chips, quantum technology, cybersecurity, and softwar [...]
China Proposes Broader Legal Framework to Strengthen Crypto Money Laundering Cases
What to know:
Chinese legal experts urged broader money laundering enforcement by addressing legal gaps surrounding cryptocurrency-related financ [...]
China Jails Five Over $29.4M Crypto-Powered Foreign Exchange Scheme
Shanghai sentenced five people over $29.4M crypto foreign exchange scheme.
Authorities uncovered network serving wealthy clients using blockcha [...]
China Signals Tougher Crypto Court Rules as Hong Kong Pushes Expansion
What to know:
China’s highest court plans stricter legal oversight for cryptocurrency-related financial disputes.
Mainland regulators expanded [...]
China Plans Interest-Bearing Digital Yuan Shift as Banks Prepare New Role
China plans to pay interest on digital yuan through commercial banks
Digital yuan shifts from cash-like tool to deposit-style currency
Cross [...]
China’s Central Bank Reaffirms Ban on Digital Assets and Highlights Stablecoin Risks
PBoC reaffirms ban on digital assets with focus on stablecoin risks.
PBoC highlights money laundering risks linked to stablecoins in crackdown. [...]
China Accuses U.S. of Orchestrating $13 Billion Bitcoin Theft from LuBian Pool
China accuses U.S. of $13 billion bitcoin theft from LuBian.
Alleged U.S. state-level hacker operation steals 120,000 bitcoins in 2020.
U.S. [...]
China Freezes 24% Tariffs on US Goods as Bitcoin Skyrockets Past $100,000 Mark
China halts 24% tariffs as Bitcoin shoots past $100,000.
Markets cheer tariff suspension, boosting global investor confidence fast.
Trade re [...]
Beijing Blocks Stablecoin Ambitions of Ant Group and JD.com in Hong Kong
Beijing halts Ant Group and JD.com’s stablecoin ambitions in Hong Kong.
Regulators fear private stablecoins could undermine China’s digital yua [...]
China’s Bold Move: RMB Stablecoins Could Revolutionize Global Investments!
Chinese firms turn to RMB stablecoins for smoother global investments.
Digital RMB could lead the way in global financial integration.
Hong [...]