China


Finance

While Some Hoard Dollar Bills, Others Envision Germy Cash's Quick Demise

Is a cash-based society sustainable in a pandemic? Hoarders say yes. Health experts say maybe. Visionaries say no: It’s a moment for systemic change.

TAINTED? “A single dollar bill can be home to as many as 3,000 different bacteria and has changed hands upwards of a thousand times,” claims the Colorado Bankers Association. (Credit: Shutterstock)

Markets

Baidu Employee Jailed for Mining Crypto on 200 Company Servers

The search engine developer downloaded monero mining scripts onto 200 of Baidu's servers.

Credit: Shutterstock

Policy

China Injects $4.7M Into Central Bank's Blockchain Trade Finance Platform

Thirty-eight banks have started using the platform since it entered the test phase in September 2018.

People's Bank of China's headquarters in Beijing

Markets

The View From China: Crypto, Crisis and Digital Currencies Feat. Matthew Graham

Sino Global Capital’s Matthew Graham joins for a discussion of crypto, coronavirus and enterprise blockchain in China.

Breakdown3.2-1

Finance

Chinese Crypto and Blockchain Firms Grapple With Coronavirus Outbreak

The outbreak has complicated tech upgrades, product development, logistics and business travel at crypto exchanges and other blockchain firms in China.

Crypto Cities at Consensus 2022

Finance

China Has Many Strategic Reasons to Invest in Blockchain

From stopping double-lending in its credit industry to an escape from dollar hegemony, China has every reason in the world to invest in blockchain.

china flag

Markets

China's DCEP Unlikely to Impact Crypto Markets in the Long Term, eToro Analyst Says

China is taking a great leap forward to develop a central bank digital currency, with more than 80 patents filed by the People’s Bank last week.

People’s Bank of China

Finance

Chinese Blockchain Startup Hires VC Exec to Lead North American Expansion

Beijing-based blockchain startup Conflux has hired the former head of crypto at VC firm Outlier Ventures to lead a North American expansion.

Toronto

Policy

Coronavirus Checks China's Blockchain Ambitions

As long as the Coronavirus keeps everyone indoors, China's big, bold blockchain ambitions are on hold.

Coronavirus have a "crown-like" structure, image via the Ecohealth Alliance

Tech

What Are China’s Goals Behind Its Digital Yuan?

The story of the digital yuan is more complex than we knew and Professor Michael Sung explains why.

Michael Sung image via CoinDesk video