China Financial News

30.05 / 12:27

business regulation exchanges Crypto firms jockey for Hong Kong licenses ahead of June 1 retail opening

The race to snatch up Hong Kong retail crypto traders is about to kick off, with several cryptocurrency companies announcing plans to apply for a license come June 1.

30.05 / 12:27

regulation Terra From Beijing to Tokyo, Asian nations get active in crypto regulation: Law Decoded, May 22–29

Last week, almost all the key markets for digital assets in Asia got updates from local regulators. Lawmakers in Japan have decided to enforce stricter Anti-Money Laundering measures to trace cryptocurrency transactions from June 1.

30.05 / 00:49

Provident BLOCK Digital Citizens Bank of Japan Releases CBDC Report and Launched Its Pilot Program As Other Countries Gain Steam

The Bank of Japan released the results and findings of a report on central bank digital currencies

29.05 / 13:35

business Technology NVIDIA ChatGPT Nvidia introduces AI supercomputer to create ChatGPT successors

Nvidia continues to push forward in the race to develop artificial intelligence (AI) tools and applications, as the company revealed plans to release more AI products.

29.05 / 09:47

Pony.ai Introduces Driverless Robotaxi Service in Shenzhen, Following Successful Launch in Guangzhou

Chinese autonomous vehicle startup Pony.ai has introduced its driverless robotaxi service in Shenzhen.

29.05 / 05:45

Chinese consumers won't return to pre-Covid spending soon — a problem for Starbucks, Morgan Stanley says

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28.05 / 21:07

UPS Twitter Binance Digital CoinMarketCap Floki Inu Price Prediction - 400% Volume Spike as FLOKI Seen On China's CCTV-5 Channel, Can It Flip Pepe?

The Floki price spiked double digits this weekend following the meme token appearing on Chinese television, on a 'powered by Floki.com' billboard for the World Table Tennis Championships. Could it overtake Pepe?

28.05 / 21:07

Provident Digital Uncharted Chinese Healthcare, Energy Firms Enable CBDC Pay – Digital Yuan Adoption Accelerating?

Chinese healthcare and energy sector providers will allow patients and customers to pay with the digital yuan, in new breakthroughs for the nation’s central bank digital currency (CBDC).

28.05 / 17:41

Adoption Web3 Beijing Unveils 'Web3 White Paper' to Foster Innovation and Advancing the Industry

The Beijing Municipal Science and Technology Commission has released a white paper in a bid to foster innovation and development within the Web3 industry.

28.05 / 07:53

Technology Adoption regulation Web3 Beijing releases white paper for Web3 innovation and development

Beijing’s municipal government has unveiled a white paper to foster innovation and advance the Web3 industry.

28.05 / 06:15

NFT hacks Cybersecurity Metaverse Cybercrime Police The Hong Kong Police Force launch metaverse platform, ‘CyberDefender’

The cyber security unit of the Hong Kong Police Force have launched CyberDefender, a new metaverse platform designed to educate the public of the potential dangers associated with Web3 and the metaverse.

27.05 / 15:49

UPS ETF Airlines Tencent Baidu Consumers are starting to fire up China's pandemic-battered economy, two ETF experts find

China's pandemic-battered economy is starting to see consumers open their wallets wider, according to KraneShares' Brendan Ahern.

27.05 / 09:28

business Adoption virtual reality Metaverse Virtual Property Meta Top metaverse property investments suffer massive losses: Report

Prices of virtual lands on some of the top metaverses have declined significantly from their peak prices of 2022, with most depreciating around 90% in value.

26.05 / 22:27

business Mining Bitcoin Bitcoin Miner Bitcoin miner Canaan’s net loss slightly improved in Q1 amid market turbulence

Chinese Bitcoin mining company Canaan reported slight improvements in some of its financial metrics in the first quarter of 2023. The progress, however, is still far behind where it was last year in this period.

26.05 / 20:27

business Ethereum S&P 500 Bitcoin Bitcoin Price Lost Time Why have Bitcoin and crypto lost 60% of their market cap since their all-time highs?

Macro Markets, hosted by crypto analyst Marcel Pechman, airs every Friday on the Cointelegraph Markets & Research YouTube channel and explains complex concepts in layperson’s terms, focusing on the cause and effect of traditional financial events on day-to-day crypto activity.

26.05 / 15:29

business Technology Adoption Investments Metaverse Chinese city releases policy draft for metaverse industry development

On May 24, the Chinese city of Zhengzhou announced a series of policy proposals to support metaverse companies operating in the region. As part of the initiatives, the municipal government will establish a dedicated fund worth 10 billion yuan ($1.42 billion) to foster growth and development in the industry.

26.05 / 15:17

Adoption Europe Gemini Legal Today in Crypto: Gemini Chooses Ireland for European Headquarters, Coinone Exec Admits to Bribe-for-Listing Charges, Chinese's City Reveals Metaverse Policy Draft to Attract Companies

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

26.05 / 11:05

Blockchain Ethereum Binance Polygon Legal Police Multichain Multichain Daily Bridging Volume Sees 5x Increase After Alleged Team Arrest, Barely Any Panic for Fantom

Rumors have been spreading throughout the cryptoverse that the major blockchain bridge Multichain team has been arrested by the Chinese police - with the shockwaves hitting the Fantom (FTM) ecosystem softer than expected.

25.05 / 19:03

Deal Binance CEO: China TV Broadcast 'Big Deal' for Crypto

A segment on Chinese state television about crypto has caught the attention of the cryptoverse, with Binance CEO Changpeng Zhao (CZ) pointing out that similar reporting in the past has triggered bull runs.

25.05 / 13:51

Blockchain UPS Waves Action CoinMarketCap meme coins Samoyedcoin Price Prediction - Why SAMO is up 125% as Solana Joins Meme Coin Frenzy

Samoyedcoin price is up 125% to $0.006544, as the Solana blockchain coin $SAMO joins the meme coin craze.

24.05 / 19:41

Binance CZ binance China Central Television’s Segment on Crypto Garners Attention Around the World

China Central Television aired a segment on Tuesday involving virtual assets, which garnered attention from around the world.

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