Lens
Bitcoin News
The provinces of Guangdong, Heilongjiang, and Shanxi announced Bitcoin mining equipment seizures and other measures to phase out operations that have survived waves of crackdowns that followed the September crypto ban. See related article: China takes aim at corruption in underground Bitcoin mines Fast facts See related article: Bitcoin miners unwelcome in Hangzhou despite targeted […]
Ningwei Qin
NFT Marketplaces
The cultural and tourism authority in Southwest China’s Sichuan province built a non-fungible token (NFT) trading platform to “encourage the music industry to actively adopt modern technology.” See related article: China’s Shandong TV to build NFT marketplace Fast facts The Sichuan government Thursday said a number of music companies are using blockchain technology to safeguard […]
Timmy Shen
Altcoins
By offering China’s digital currency in trial as a payments option in all pilot areas, payments giant WeChat Pay is paving the way for the wider adoption of the digital yuan in the world’s most advanced digital payments market. See related article: China’s digital yuan is now in 23 cities Fast facts WeChat Wednesday said […]
Timmy Shen
Regulatory News
The Economic Daily, a mouthpiece of the Chinese Communist Party, called for stricter regulation of “digital collectibles” as investors continue to speculate in non-fungible tokens (NFTs). See related article: Ant Group, JD.com, Tencent pledge to resist speculation of ‘digital collectibles’ Fast facts See related article: WeChat bans NFT accounts, citing ‘crypto speculation’
Ningwei Qin
Regulation
Top blockchain and cryptocurrency news: Britain’s crypto gamble. WAVES crashing. China’s big digital yuan push.
Forkast.News
NFT Marketplaces
The television station in China’s Shandong province plans to build a “digital collectibles” trading platform and issue its own non-fungible tokens (NFTs), becoming the latest state-run media outlet to join the trend. See related article: WeChat bans NFT accounts, citing ‘crypto speculation’ Fast facts Shandong Television has started developing its own blockchain to run its […]
Timmy Shen
Bitcoin News
Residents in five more Chinese cities were able to access digital yuan wallets starting Thursday, marking a major development for central bank digital currencies (CBDCs) globally. See related article: Asian Games set for digital yuan, metaverse pilots, tech firm claims Fast facts See related article: Digital yuan pilot attracts Chinese province bordering Russia
Ningwei Qin
Regulation
WeChat has blocked more than a dozen accounts belonging to non-fungible token (NFT) marketplaces from its social media platform, citing prevention of “crypto speculation.” See related article: China state-backed paper’s NFTs surge in price on second-hand market Fast facts When visited, the banned accounts of the NFT marketplaces displayed a message from WeChat: “No legal […]
Ningwei Qin
Regulation
Top blockchain and cryptocurrency news: Dubai’s crypto caravan. Mt. Gox unlocked. Digital yuan in play again.
Forkast.News
Regulation
The Hong Kong Exchange (HKEX) Tuesday revealed plans to launch “Diamond,” a trading platform to pilot digital assets in 2022. See related article: China’s e-CNY pilot to boost Hong Kong as offshore yuan trading center Fast facts See related article: Hong Kong to propose bill to license crypto exchanges
Ningwei Qin
