Chinese central bank orders lenders to cut cryptos’ financial lifelines
The People's Bank of China has told the country's big banks and other finance sector heavyweights to cut off financing sources for cryptocurrency transactions.
Share
Posts by author
Yihui Xie
Yihui Xie is part of the Forkast.News editorial team.
Miami woos crypto miners fleeing China
The city’s mayor says it welcomes an exodus of miners from China amid a generalized clampdown on the industry.
Share
New Singapore telco to offer contract-free, blockchain-backed services
Gorilla Mobile, Singapore’s newest mobile virtual network operator, is set to roll out blockchain technology to offer contract-free services.
Share
Blockchain-powered air quality sensor test launches in Hong Kong
France-based PlanetWatch, which records air quality data on Algorand’s blockchain, has launched its first test sensor in Hong Kong.
Share
Algorithm-generated NFT artwork sells at Sotheby’s for US$11.8M
Auction house Sotheby’s has sold a non-fungible token of a digital artwork known as “CryptoPunk, Alien #7523” for US$11.8 million.
Share
Taiwan boy band star Van Ness Wu praises NFTs, prepares for charity selfie sale
Taiwanese pop star Van Ness Wu of boy band F4 says non-fungible tokens can help re-establish an “intimate connection and interaction” with his fans.
Share
Digital yuan is not a surveillance tool, says Chinese ex-central bank director
Former People's Bank of China Director Yao Qian says that the country's digital yuan is not a surveillance tool for the government.
Share
Asia-Pacific fintech investment more than doubles in first quarter
Fintech companies in Asia-Pacific pulled in US$2.35 billion in investment during the first three months of 2021, more than the total amount raised in the first half of the previous year.
Share