China Financial News
18.05 / 12:51
18.05 / 07:49
Target
Digital
Southern
Chinese Universities Begin Adopting Digital Yuan – Students to Lead CBDC Drive?
Universities in China say they are adopting the digital yuan, and looking for ways to allow students to use the nation’s central bank digital currency (CBDC) in “every” aspect of their campus lives.
17.05 / 17:21
regulation
Trading
Digital Asset
China state-owned Greenland to apply for Hong Kong virtual asset trading license
A Greenland Holdings subsidiary is applying for a virtual asset trading license in Hong Kong, the South China Morning Post reported. It is the first state-owned Chinese company to do so.
17.05 / 17:11
Blockchain
Provident
FIVE
Binance
Platform
Bitget Launches Blockchain4Youth Initiative
Bitget, a cryptocurrency derivatives exchange, has announced a new corporate social responsibility project, Blockchain4Youth, aimed at promoting cryptocurrency education among the younger generation. The initiative will allocate $10 million over five years towards providing blockchain courses and certifications through Bitget Academy and hosting campus lectures in partnership with universities worldwide. Bitget will also collaborate with other leading blockchain firms to incubate innovative projects by young entrepreneurs and host U30 (Under the age of 30) hackathons to identify the most promising ones.
17.05 / 15:53
Binance
Tether
coinbase
Apple
Asia
USDC
Bitcoin
acquires
Today in Crypto: Ripple Acquires Metaco, Tether to Buy BTC Monthly Using Realized Profits, WazirX Claims Binance Controls WRX
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
17.05 / 08:29
Adoption
NFT
regulation
Chinese prosecutors to crack down on 'pseudo-innovation' in NFT market
On May 15, the Supreme People’s Procuratorate of the People’s Republic of China, the national agency responsible for legal prosecution, shared its thoughts on the non-fungible token (NFT) market. In an article published, three authors laid out the prosecutors’ vision of the market risks and the following reasons to enforce it more actively.
17.05 / 08:07
Blockchain
UPS
Digital
500
New Chinese Blockchain Pivot as Beijing Vows to Train 500,000 ‘Experts’
China is gearing up for another blockchain technology push after promising to train half a million new “experts” to work in the sector.
17.05 / 01:19
Citi
Digital
businesses
Hunan Province, China, Debuts Digital Yuan Loans for Small Businesses – Another CBDC First?
Hunan Province, China, has debuted new digital yuan loans for tech startups – with Beijing keen to explore more central bank digital currency (CBDC) financing options.
16.05 / 15:39
regulation
SEC
coinbase
European Union
Investment
Today in Crypto: BlockFi to Liquidate Platform as Selling It Wouldn’t Generate Enough Value, Justin Sun Fires a Round of Accusations at Huobi Founder’s Brother, Digital Yuan Enters Vietnam Border Region
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
16.05 / 07:15
BTC
Man
RIG
crypto mining
Bitcoin
BTC Mining
raid
Paraguay Police Raid Unearths 300 Stolen BTC Mining Rigs
Police have recovered 300 Bitcoin (BTC) mining rigs stolen from a farm in Paraguay, following a major operation conducted by the nation’s Anti-Kidnapping Department (DAS).
15.05 / 22:25
CBDC
regulation
Federal Reserve
Minneapolis Fed president Kashkari weighs in on CBDC: ‘Handwaving word salad’
President of the Minneapolis Federal Reserve Bank Neel Kashkari participated in a fireside chat at the Minnesota Transportation Conference & Expo on May 15. While he spoke mostly about topics unrelated to cryptocurrency and blockchain, he gave a blunt assessment of central bank digital currency (CBDC) during the Q&A after his presentation.
15.05 / 15:21
Blockchain
litecoin
SEC
Samsung
G7
Bitcoin
500
Today in Crypto: Samsung Reportedly Partners with Bank of Korea on Offline CBDC Payments, G7 Discussing Crypto, China to Train 500,000 Blockchain Professionals
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
12.05 / 17:07
12.05 / 12:29
11.05 / 13:21
TRON
AiDoge
spongebob
Sponge
Crypto Billionaire Justin Sun Announces he’s Trading Meme Coins: $SPONGE, No Meme Token and AiDoge Prices Pumping
Crypto billionaire Justin Sun, a titan in the space, just announced that he would begin trading meme coins and promising projects through his public wallet address.
11.05 / 10:47
Blockchain
Adoption
DLT
National
China launches national blockchain center to train half a million specialists
On May 10, the National Blockchain Technology Innovation Center, first announced in February, has officially started its work in the capital city of Beijing. The Center will collaborate with local universities, think tanks and blockchain businesses to develop blockchain implementation in China. The institution will reportedly train more than 500,000 specialists in distributed ledger technology (DLT).
10.05 / 13:23
Citi
Digital
Citizens
Platform
Chinese Province Unveils Digital Yuan Adoption Plan & City Says ‘All’ Buses Now Accept CBDC
Chinese provinces are continuing to push digital yuan adoption, with the central bank digital currency (CBDC) set to find new uses in the worlds of education and public transport.
10.05 / 01:05
Booking
Platform
HSBC
Continental
UBS
Allianz
These maps show how far China's freight railways are stretching across Asia
BEIJING — In the last two years, China has announced the opening of new freight train lines, while cross-border railways have become a feature in President Xi Jinping's meetings with regional leaders.
08.05 / 20:05
business
regulation
Machine Learning
State-sponsored Chinese AI firm launches bot service to ‘surpass’ ChatGPT
Iflytek, a state-subsidized Chinese artificial intelligence (AI) company, recently announced the launch of “Spark Model,” an AI system designed to compete directly with OpenAI’s ChatGPT.
08.05 / 17:21
regulation
Bot
ChatGPT
China issues first arrest over fake news created with ChatGPT: Report
A suspect identified only as “Hong” was detained by local authorities and arrested in the Gansu district of China after allegedly using ChatGPT to generate fake news stories.
08.05 / 16:11
crypto mining
Crypto Mining Entities in Kazakhstan Paid $7 Million in Taxes in 2022 – Next Crypto Hub?
The government of Kazakhstan collected around $7 million in taxes from cryptocurrency mining entities last year.
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