Regulatory News
China closes high-profile blockchain center, citing ‘registration’ issues
Closure of center comes despite — or perhaps because of — professional pedigree of crypto exchange founder board members.
Kelly Le
Contributor
Kelly Le
As a journalist, Kelly has covered stories at South China Morning Post, People's Daily, and Beijing News. She received a Master of Journalism from the University of Hong Kong, and a B.A. in TV Editing / Directing from the Communication University of China in Beijing.
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Advanced Blockchain Technologies
Blockchain-based digital invoicing rollout continues apace in China
China’s blockchain-based digital invoicing systems are being increasingly put into large-scale use in major cities and provinces. Fast facts Blockchain-based digital invoicing is being used in multiple sectors in Hainan Province, China’s only free-trade port. Digital invoicing systems are in use in 2,795 organizations, including courts, schools and banks, according to Securities Daily, a Chinese […]
Kelly Le
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Bitcoin News
Software firm Meitu loses US$17.3M on Bitcoin
Higher value of Ether investments softens blow to value of Bitcoin holdings.
Kelly Le
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Regulation
Chinese ‘smart city’ to give away 3 million e-CNY to promote exercise
The Chinese city of Xiong’an, a prototype so-called smart city, has launched a new round of digital yuan giveaways. Fast facts Unlike previous giveaways, which have been based on a lottery system, authorities are handing out 3 million yuan in e-CNY based on the number of steps people walk in a bid to encourage fitness. […]
Kelly Le
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Regulation
Chinese cities roll out digital yuan to public transport networks
Adoption of e-CNY for urban transport networks marks first step in wider introduction of state-backed digital money.
Kelly Le
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Advanced Blockchain Technologies
China’s Agricultural Bank launches fintech center in ‘smart city’ of Xiong’an
Agricultural Bank of China has set up a fintech innovation center in Xiong’an, a model for a so-called smart city.
Kelly Le
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Regulation
Huobi bans users in China, Taiwan from crypto derivatives trades
Chinese cryptocurrency exchange Huobi has stopped providing crypto derivative trading services to users in China and Taiwan.
Kelly Le
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Regulation
Hong Kong to press ahead with digital dollar, e-CNY plans
Hong Kong's financial secretary has reiterated the city's determination to develop digital versions of the Hong Kong dollar and the mainland Chinese yuan.
Kelly Le
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Regulation
China sets out stall with digital yuan. Here comes the sales pitch
Urged on by the authorities, banks have wasted little time in putting e-CNY infrastructure in place, but now comes the hard part — getting people to use it.
Kelly Le
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Advanced Blockchain Technologies
China’s Ant Group launches blockchain-boosting transmission network
Ant Chain, Ant Group’s technology brand, has launched a new blockchain communication technology at Ant Chain’s first developer conference.
Kelly Le
