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China
Bitmain Co-Founder Exits, Resolving Years-Long Power Struggle as Mining Firm Preps IPO
Bitmain co-founder Jihan Wu is stepping down from his role as part of a settlement.

Ethereum-Based ConsenSys Quorum Partners With China’s BSN Blockchain
The first partnership for Quorum since leaving JPMorgan is a big one.

Beijing, Shanghai to Join Wider Testing of Digital Yuan in 2021
The wider effort to promote the digital currency precedes a launch in the "near future," per a state media report.

At Least One Key Huobi Executive Is In Custody in China: Sources
The Chinese police appear to have intensified their crackdown on crypto exchanges’ OTC trading services in the last year.

Chinese City Plans Third Digital Yuan Pilot, Giving Away $3M in Prize Draw
Lottery entrants can apply to win 200 digital yuan each.

China’s Blockchain-Based Service Network to Integrate Central Bank Digital Currency
The BSN expects to complete integrations with a total of 30 public blockchains this year.

Chinese Hospital Issues First Electronic Bill on Blockchain
Hainan is one of the few provinces that have successfully incorporated blockchain technology into their public institutions’ online administrative platforms.

CEX, Lies and Videotape: Binance Accuses Rivals of Fighting Dirty
A bogus video on Chinese social media has intensified a long-standing feud involving Binance, Huobi and OKEx.

Shanghai Government Invests $5M in Blockchain Startup Conflux
The Shanghai government has invested over $5 million in Conflux while putting the project on a list of 57 companies that focus on emerging technologies.
