China


Finance

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.

Bitmain co-founder Jihan Wu

Finance

Ethereum-Based ConsenSys Quorum Partners With China’s BSN Blockchain

The first partnership for Quorum since leaving JPMorgan is a big one.

dragon, light

Policy

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.

Beijing

Policy

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.

Huobi OTC

Tech

Chinese City Plans Third Digital Yuan Pilot, Giving Away $3M in Prize Draw

Lottery entrants can apply to win 200 digital yuan each.

Shenzhen, China

Markets

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.

china-tech-flag-mid

Policy

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.

Great Wall of China

Markets

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.

MOSHED-2021-1-12-15-11-15

Finance

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.

Conflux co-founders Ming Wu and Fan Long