City Shanghai Financial News

04.01 / 14:37

Blockchain CBDC Bitcoin China’s central bank releases pilot version of digital yuan wallet

As China's central bank steps up its effort to create a digital currency, the country has released a pilot edition of its digital yuan wallet application on mobile phone app stores.

31.12 / 19:09

Binance SEC ATM Bitcoin Backed Israel's Pro Crypto Move, Shanghai's Metaverse, Bitcoin-Backed USD 100M Credit Facility + More News

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

14.12 / 04:07

cryptocurrency Legal Bitcoin Courts Chinese Courts Sentence Crypto Miner, Fraud Rings as Enforcement Continues

Crypto mining and investment in most of their forms have been shunted to the margins of society in China, but in some parts of the country, appetite for mining coins remains high, to the extent that some seem prepared to steal electricity from the grid to fuel their efforts.

10.12 / 12:07

Ripple COMPOSITE Fitch Moodys Evergrande slides into default while some ratings agencies keep quiet

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06.12 / 20:13

Blockchain Tesla Bitcoin Wonder why the biggest traders are willing to bet on blockchain data?

Suppose you could buy a share of Tesla and send it to a friend in Shanghai as easily as sending an email. Or imagine placing a bet on the inflation rate at the end of President Joe Biden's term, which would pay off in bitcoin if you were right.

26.11 / 06:15

UPS Action Morningstar China's real estate uncertainties persist, fueling market anxiety

BEIJING — Wild swings in Chinese real estate stocks and bonds are keeping investors on edge — these news headlines could cause troubles in the sector to spill into the rest of the economy, says S&P Global Ratings.

25.11 / 03:11

Crime regulation scam Crypto Crime Crypto Crime Still Rising in China Despite Crackdown, Warn Authorities

Reports from Chinese provincial law enforcement agencies appear to show that crypto crime is still on the up – despite a nationwide crackdown on crypto and mining exacted in September this year.

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