Contributor
Ningwei is a Research Associate at Forkast. She focuses on China beat with her previous experiences in major Chinese media of Caixin, CCTV and People's Daily. Ningwei holds a Masters degree in Journalism from the University of Hong Kong.
Regulation
The city of Macau, a special administrative region of China and home to a thriving casino industry, is seeking to grant digital currency status as legal tender, the Executive Council of Macau announced on Friday. See related article: Macao needs China’s heft in tech to introduce CBDC, official says Fast facts See related article: Macao […]
Ningwei Qin
Blockchain Security
China’s judicial blockchain platform has stored more than 2.6 billion pieces of evidence, a Supreme People’s Court spokesman said at a press conference on Thursday, according to a report by the local media Legal Daily. See related article: China has seen blockchain’s future and it doesn’t include cryptocurrencies Fast facts See related article: How blockchain […]
Ningwei Qin
Regulation
Tether, issuer of the world’s largest stablecoin, said in a blog post it has cut its commercial paper holdings to zero and replaced them with U.S. Treasury bills. See related article: Are stablecoins like Tether ready for regulatory scrutiny? Fast facts See related article: SEC fines former Tether auditor over accounting malpractice
Ningwei Qin
Bitcoin News
Tianjin is the latest Chinese city to announce higher differential electricity rates in an effort to further discourage energy-intensive cryptocurrency mining, which the country banned in September 2021 but continues to exist in some pockets. See related article: Beijing banned crypto mining, so China miners went underground Fast facts See related article: China takes aim […]
Ningwei Qin
Bitcoin News
China’s central bank digital currency (CBDC) has reached 100 billion yuan (US$13.9 billion) in transactions as of Aug. 31, 2022, the People’s Bank of China said via a verified WeChat account. See related article: Digital yuan tops US$12B transactions in 2022 so far Fast facts See related article: China to speed up, expand digital yuan […]
Ningwei Qin
Bitcoin News
Crypto asset manager Valkyrie will liquidate its Balance Sheet Opportunities exchange-traded fund (ETF) at the end of October and then delist from Nasdaq.See related article: What the Bitcoin futures ETF bonanza means for investors Fast facts See related article: Markets: Bitcoin price falls with Ether. Doge sole gainer in top 10 cryptocurrencies
Ningwei Qin
Blockchain Security
BNB Smart Chain (BSC), the blockchain network launched by the world’s largest cryptocurrency exchange Binance, will perform a hard fork and upgrade on Wednesday as a fix following an Oct. 6 vulnerability, according to an announcement on Tuesday. See related article: BNB Chain back online after around $100 mln lost in possible exploit Fast facts […]
Ningwei Qin
Altcoins
Companies in Shenzhen in mainland China made up one-third of the transaction volume in a cross-border central bank digital currency (CBDC) bridge pilot project, according to a report by Chinese media outlet 21Caijing, citing Shenzhen’s local financial authority. See related article: Australia Senator proposes regulating Chinese banks in country using e-CNY Fast facts See related […]
Ningwei Qin
Altcoins
The founder of blockchain network Tron, Justin Sun, and crypto exchange FTX founder Sam Bankman-Fried each denied for a second time that they have participated in purchasing a majority stake in Huobi Global, after crypto media outlet Wu Blockchain said on Monday that Sun was actually the Chinese crypto exchange’s behind-the-scenes purchaser, with Bankman-Fried was […]
Ningwei Qin
Regulation
Regulators also targeted 23 crypto media websites and 440 bloggers.
Ningwei Qin
