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China
Huobi's HUSD Stablecoin to Run on Nervos Blockchain
China's Nervos picks Huobi's HUSD as the first available stablecoin on its blockchain amid a DeFi boom in China.

China's Latest Digital Currency Trial Is Its Most Important Yet
More money, more participants, more participating banks and merchants – a look inside the latest DC/EP trial in Suzhou.

Hong Kong in Talks With PBOC on Digital Yuan Trial for Cross-Border Payments
PBOC’s Digital Currency Institute and the HKMA are discussing the technical pilot testing of using e-CNY form making cross-border payments.

Niall Ferguson on Why Bitcoin and China Are Winning the Monetary Revolution
The well-known economic historian connects the dots between bitcoin and CBDCs in the COVID-19 money era.

Hong Kong Crypto Exchange Founder Taken Amid China’s Crackdown on Fraudulent Bank Accounts
Hong Kong-based crypto exchange CEO Global said Saturday one of its founders has been taken away by the authorities.

JD.Com Says It's Accepting China's Digital Yuan for Latest Lottery
Chinese e-commerce firm JD.Com says it has become the first online platform to accept the nation's central bank digital currency.

Ringleaders of PlusToken Scam Jailed for Up to 11 Years
Fourteen operators of the giant PlusToken scam have been sentenced in China to up to 11 years in prison.

Chinese Authorities Have Seized a Massive $4B in Crypto From PlusToken Scam
Cryptocurrencies worth billions of dollars have been seized during the police crackdown on the PlusToken Ponzi scheme in China.

China's Xi Asks ASEAN Nations to Join in Building of 'Digital Silk Road'
Xi Jinping pushed for digitally enhanced trade among Southeast Asian nations in a keynote at the China-ASEAN Expo on Friday.

China's State-Sanctioned Blockchain Project BSN Adds Polkadot, Oasis, Bityuan to Network
China’s state-sanctioned blockchain infrastructure provider BSN is adding cross-chain protocol Polkadot, decentralized cloud data startup Oasis and China-based project Bityuan to its network.
