China


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China Maintains Crypto Market Pressure, J-Pop Stars Offer NFT Advice

China’s central bank to maintain pressure on the crypto market. China clarifies the legal validity of blockchain evidence, and J-Pop’s “Cryptocurrency Girls” offer NFT advice. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

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La PBoC afferma che KEEP alta la pressione sul trading Cripto

La banca centrale cinese ritiene che il trading Cripto comporti un rischio finanziario per l'economia e ha affermato che continuerà a reprimere il settore.

People's Bank of China

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India Admits No Crypto Data; Korean Crypto Investor Numbers Plummet

Crypto mining investment outside China booms. India’s government admits it collects no data on crypto exchanges. Number of new crypto investors plummets in South Korea. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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Huobi Shuts Down Beijing Entity Amid China's Crypto Crackdown

As Chinese authorities crack down on local mining operations, other crypto fields appear to be impacted, including exchanges and media platforms, which could be driving massive selloffs in Chinese tech stocks. Huobi is the latest crypto exchange to be hit, dissolving its Beijing entity on July 22 and deregistering in 45 days. Why is China tightening the reins on crypto and Big Tech? "It's all about control here," host Naomi Brockwell said.

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Huobi Deregisters Beijing Entity; K-Drama Takes Crypto Back in Time

Huobi applies to deregister its Beijing entity in China. Facebook in hiring mode for its Novi digital wallet project in the Philippines. K-drama gets set to take crypto back in time. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

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Bit Mining Pivots Overseas, Ethereum Creator Joins ‘Stoned Cats’ Cast

China’s Bit Mining pivots to focus on overseas mining business. Korean crypto exchange Upbit accused of involvement in illegal transactions. Ethereum’s creator joins the cast of animated crypto series ‘Stoner Cats.’ We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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Ping An Trials E-CNY; Core Scientific to Go Public

China’s Ping An insurance joins trials of the digital yuan. Crypto miner Core Scientific to go public. China tries out a blockchain-enabled shipping cargo release system. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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China’s Digital Inequality Dilemma: Open-Source Innovation vs. Control

A new report reveals at least one underreported goal of China's ongoing crackdown on big tech firms is “to reduce inequality and promote what the party calls ‘collective prosperity," but this is a paradox because China is far from adopting decentralized blockchain-based structures, which could solve the problem. "I don't think this is about equality at all," host Naomi Brockwell said. "[China is] specifically targeting people that are getting threatening to the government... it's all about control."

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Russian Industry Association Works to Attract Crypto Mining

The Russian Association of Cryptoeconomics, Artificial Intelligence and Blockchain (RACIB) is working with local authorities and state-owned enterprises to attract crypto mining firms to the country as they migrate away from China. "The Hash" hosts discuss bitcoin miners breaking new ground in Russia and neighboring Kazakhstan and the implications for the wider mining community.

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Biden Administration Accuses Chinese Hackers of Conducting Ransomware, Cryptojacking Attacks

U.S. President Joe Biden is accusing the Chinese government of supporting cyberattacks, including ransomware, cryptojacking, digital extortion, and theft. CoinDesk's Nikhilesh De discusses the allegations as the White House ramps up its anti-ransomware efforts. Plus, his take on the U.S. Presidential Advisory Group's meeting on stablecoins Monday.

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