China


Markets

'We Need 30 Different Words for Censorship,' Feat. Andreas M. Antonopoulos

The rallying cry of the totalitarian is "He farted first", but if both systems have produced similar outcomes, is there much of a difference? Today's wide-ranging discussion features Stephanie Murphy, Jonathan Mohan, Adam B. Levine and Andreas M. Antonopoulos

Photo by Sebastiaan Stam on Unsplash

Markets

Bitcoin News Roundup for May 27, 2020

While the yuan weakens against the U.S. dollar, Coinbase makes an acquisition to grow its institutional trading infrastructure. It's another episode of CoinDesk's the Markets Daily podcast.

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Finance

Tencent Is Pouring $70B Into New Tech Including Blockchain

The web giant is earmarking funding for emerging technologies as it seeks to grow after the COVID-19 epidemic.

Credit: Tada Images/Shutterstock

Policy

Chinese Government Advisers Propose Regional Stablecoin for 4 Asian Countries

The stablecoin would help facilitate trade among four Asian countries, which is key to economic recovery in the region after coronavirus, proponents said.

Chinese legislators heard a proposal for a pan-Asian digital currency Thursday during the Two Sessions, the largest political gathering of the year. (Credit: Shutterstock)

Videos

Michael Sung on the Future of China’s Digital Yuan

Michael Sung, a professor at Shanghai’s Fudan University, spoke to CoinDesk’s Michael Casey at the World Economic Forum 2020. The topic? The intertwined growth of digital currency and blockchain projects in China.

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Markets

Internal Struggle at Bitcoin Mining Giant Bitmain Escalates to Physical Confrontation

After Micree Ketuan Zhan, the exiled co-founder of Bitmain, moved to reinstate his position after another partial legal victory over his former employer, tensions reportedly escalated into a physical brawl.

Micree Zhan, co-founder of Bitmain. (Credit: CoinDesk archives)

Finance

Money Reimagined: COVID-19's Lessons in Innovation

Though its impacts are deadly, the coronavirus is a product of an advanced innovation ecosystem. We can learn from its ability to mutate and adapt.

Photo by Jason Ortego on Unsplash

Markets

Chinese City Known for Bitcoin Mining Seeks Blockchain Firms to Burn Excess Hydropower

A Chinese city in the world's bitcoin mining hub is publicly encouraging the blockchain industry to help consume excessive hydroelectricity.

Hydropower plant image via Shutterstock

Finance

Meet Red Date, the Little-Known Tech Firm Behind China’s Big Blockchain Vision

The de facto architect of China's ambitious national blockchain project reveals his game plan for making the technology cheap and easy for businesses.

FRUITS OF THEIR LABOR: Red Date Technology Co. initiated the Blockchain Service Network project and has been spearheading the technical design. (Credit: Shutterstock)

Finance

Starbucks, McDonald’s Among 19 Firms to Test China’s Digital Yuan: Report

The food and beverage giants are among the restaurants and retail shops reportedly on a local government list for testing of China's central bank digital currency.

Starbucks in China. (Credit: Shutterstock/testing)