Lens
Advanced Blockchain Technologies
Xiamen, a major city in China’s southeastern province Fujian, Friday issued China’s first batch of digital commemorative subway tickets based on Alibaba’s blockchain, AntChain. See related article: More courts in China accept blockchain-stored evidence Fast facts The digital ticket bears a likeness to a decorative metal badge, and is themed with a combination of Xiamen […]
Ningwei Qin
Regulation
Xinhua News Agency’s affiliate newspaper, Economic Information Daily, Thursday published an op ed suggesting measures for the further adoption of the digital yuan. See related article: The digital yuan’s de-dollarization Fast facts See related article:Hong Kong makes apt testbed for e-CNY cross-border use
Ningwei Qin
NFTs and Art
The online arm of People’s Daily said it will cooperate with state-owned enterprise China Arts and Entertainment Group to develop non-fungible tokens (NFTs) themed on Chinese traditional and modern paintings. See related article: Resist the temptation on NFTs, Chinese state-backed developer says Fast facts Announcement from the official newspaper of the Central Committee of the […]
Ningwei Qin
Regulation
In an exclusive interview with Forkast, the head of government-founded Blockchain-based Service Network (BSN) cautioned against packaging NFTs as investment products despite the temptation to profit off the euphoria.
Timmy Shen
Regulation
China’s top government agency that oversees the development of museums has called on cultural institutions to hit the brakes when it comes to non-fungible tokens (NFTs). See related article: China’s industry lobbies join NFT bashing chorus Fast facts The National Cultural Heritage Administration Tuesday held a nationwide online symposium in Beijing on digital collectibles and […]
Timmy Shen
Bitcoin News
Top blockchain and crypto news: Market contagion hits crypto. Ethereum developer pays price for bad Korea move. China whacks more crypto miners.
Forkast.News
Regulation
Self-regulatory bodies overseeing China’s banking and securities industries are urging members to “resolutely curb" the "financialization and securitization" wave of non-fungible tokens (NFTs).
Timmy Shen
NFT Marketplaces
Huawei’s cloud computing arm Tuesday airdropped the brand’s first batch of non-fungible tokens (NFTs), making it the latest Chinese tech giant to join the trend. See related article: China’s Xpeng joins the bandwagon in selling NFTs on Alibaba Fast facts See related article: China’s Communist Party wants to regulate NFTs
Ningwei Qin
Bitcoin News
Bitcoin and Ethereum were down more than 5% each in Asian trading hours as cryptocurrency markets slumped in lockstep with traditional assets.
Lachlan Keller
NFT Marketplaces
Chinese electric vehicle maker Xpeng is selling “digital collectibles” as part of its marketing campaign to mark the 100,000th rollout of a complete vehicle. See related article: Lamborghini’s last all-gas Aventador to be auctioned with NFT Fast facts See related article: China’s Communist Party wants to regulate NFTs
Ningwei Qin
