DeFi News
China Merchants Bank launches US$50M DeFi, dApp fund with Nervos
Privately owned Chinese lender continues to target blockchain opportunities as it remains shut out of Beijing's digital yuan project.
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.
- Stories
- 82
-
-
Regulation
China’s new digital yuan wallet with fingerprint ID causes privacy worries
Chutian Dragon and IDEX Biometrics offer DCEP digital currency wallets with fingerprint recognition. The companies say the feature enhances security.
Kelly Le
-
Altcoins
Chia mining craze is causing massive hard drive shortages in China
The new self-proclaimed eco-friendly crypto leverages unused disk space — but Chia miners are buying out new hard drives and equipment instead.
Kelly Le
-
Regulation
China’s banks unveil ATM for foreigners to use digital yuan
China’s DCEP digital currency, not yet officially launched, take another leap forward with unveiling of prototype ATMs that convert foreign money to e-CNY.
Kelly Le
-
Regulation
China’s crypto miners make hard choices to meet climate goals
With Inner Mongolia banning crypto-mining and Xinjiang expected to soon follow, China’s crypto miners are turning to green energy or moving overseas.
Kelly Le
-
Regulation
Internet giants JD.com and Ant Group deepen support for China’s digital yuan
China intensifies its nationwide digital currency testing via JD.com paying employee salaries in digital yuan and Ant Group's MYbank offering e-yuan services.
Kelly Le
-
Regulation
China tightens cryptocurrency oversight with new regulations
Beijing's new warning against cryptocurrency comes days before regulations aimed at preventing illegal crypto fundraising take effect May 1.
Kelly Le
-
Regulation
How China’s DCEP digital yuan could reshape geopolitics and change the world
One year after China unveiled a digital currency via testing, its potential for displacing dollar diplomacy is becoming more understood. Is the US worried yet?
Kelly Le
-
Regulation
Crypto assets should be regulated as “alternative investments”, China’s central bank officials said
China’s central bank is exploring a new stance towards Bitcoin and other cryptocurrencies, now calling them investment vehicles – but not currency
Kelly Le
-
Regulation
One year after China began testing its digital yuan, China watchers wonder how close it is to launching?
Look for nifty DCEP wallets to make a debut at the 2022 Beijing Olympics
Kelly Le
