The country’s top economic planner hopes to prohibit investment in what it considers an energy-intensive sector.
Chinese social media has been abuzz since authorities lowered the boom on crypto. Forkast.News has been following the chatter. Here’s what they’re saying on Weibo, the Chinese equivalent of Twitter.
China saw a fivefold increase in blockchain patents last year despite the Covid-19 shutdown.
China’s earlier efforts to eradicate mining may not have been as effective as the government had hoped, but Friday’s announcement is having an impact.
China’s intensified crackdown on cryptocurrency leaves service providers looking to stay compliant with Friday’s abrupt announcement.
Bitcoin and Ethereum prices fall after Beijing intensifies crackdown on crypto trading, mining.
China may be a small step closer to internationalizing the yuan, though its central bank says the e-CNY is now mostly tested for domestic use.
Digital yuan expected to undergo its first crucial international test despite concerns it can be used as a surveillance tool.
Blockchain is helping with cross-examinations in China while bolstering chain of custody for evidence in Taiwan. Is Asia ahead of the technological legal curve?
The 20th hijack this month, after Poly Network, Solend and Liquid.
Tens of billions in digital yuan circulate through the banks’ systems, as leaders encourage wider adoption.