China


Markets

Chinese Bank Giants Tap Blockchain in Trade Finance Efficiency Boost

The China Banking Association, the country’s self-regulatory organization for the banking sector, has launched a new blockchain-based platform for trade finance.

Shanghai

Markets

Chinese Crypto Billionaire to Help Lead Hong-Kong-Listed Blockchain Firm

Veteran Chinese crypto investor Li Xiaolai has joined a blockchain firm listed on the Hong Kong Stock Exchange as an executive director and co-CEO.

Chinese yuan

Markets

Security Token Offerings ‘Illegal,’ Says Beijing Financial Watchdog

The head of Beijing’s Municipal Bureau of Finance has warned that security token offerings (STOs) are "illegal" in the city.

Chaoyang Beijing

Markets

Huobi Creates New Committee to Work With China's Communist Party

Cryptocurrency exchange operator Huobi Group has set up a Communist Party committee at a Beijing-based subsidiary.

Huobi  communist party ceremony

Markets

Chinese School Principals Caught Mining Ethereum At Work

Two principals at a Chinese school got in hot water after installing ethereum miners at the institution, according to a report.

mining

Markets

Chinese Court Rules Bitcoin Should Be Protected as Property

An arbitration body in China has said bitcoin should be legally protected as a property, despite the central bank's ban on crypto trading.

China_Door_2

Markets

China's Internet Censor Releases Draft Regulation for Blockchain Startups

China's internet censorship agency has released draft regulations to govern blockchain startups.

china flag

Markets

What China's Cashless Revolution Can Teach the West About Crypto

China appears to have achieved the crypto community's dream of a new internet of value, without blockchain. But there's more than meets than eye here.

China_cashless_payments_Shutterstock

Markets

PBoC's Digital Currency Chief Departs to Lead Securities Clearing House

The former chief of China's central bank digital currency initiative has left the role to lead the country's central securities clearing house.

Yao Qian, director of the Science and Technology Supervision Bureau of the China Securities Regulatory Commission