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China
Why Justin Sun Is 'Highly Optimistic' on China's Crypto Scene
Crypto and blockchain tech is "a world trend," Tron founder Justin Sun says. "There's not any country in the world that can be isolated." He discusses why he's optimistic on the outlook of crypto in China, following the country's crackdown.
Justin Sun on Huobi Being Acquired by About Capital
Tron Founder Justin Sun discusses the significance of Hong Kong-based About Capital acquiring crypto exchange Huobi Global. Plus, insights into decentralized stablecoin USDD, "advantages" of central bank digital currencies (CBDCs), how Binance competes against its rivals and his "highly optimistic" outlook for China's crypto scene.
Landmark CBDC Test Backed by China, Thailand and Hong Kong Deemed Success, BIS Says
The Bank for International Settlements (BIS) said a project involving multiple Asian central bank digital currencies (CBDC) has been deemed a success, facilitating over $22 million in foreign-exchange transactions. Josh Lipsky, Senior Director at Atlantic Council GeoEconomics Center, discuses CBDC progress in China and around the globe.
"Decentralizzazione sotto centralizzazione": come le università cinesi insegnano la blockchain
Il presidente Xi vuole che la Cina diventi il leader mondiale nella Tecnologie blockchain, ma ne ha vietato gli usi più popolari. Studenti e docenti si chiedono se le università possano insegnare con successo la blockchain con caratteristiche cinesi e se i laureati possano trovare lavoro. Questa storia fa parte della Settimana dell'istruzione di CoinDesk
China Arrests 93 for Crypto-Related Money Laundering; Bank of America Says Crypto Is Acting as Risk Asset
Interpol has issued a Red Notice for Terraform Labs co-founder Do Kwon, according to a report from Bloomberg. Authorities in China's Hunan province arrested 93 people for allegedly laundering up to RMB 40 billion ($5.6 billion) using crypto. Digital assets continue to act as risk assets, falling as global interest rates rise, Bank of America (BAC) said in a research report Friday.
China’s Non-Crypto Blockchain
China’s state-backed BSN pushes use of non-crypto blockchain outside mainland. Why is there a need for non-crypto blockchain? This story and other news shaping the cryptocurrency world in this episode of “The Daily Forkast.”
China’s World Metaverse Conference Underway in Beijing
China’s three-day World Metaverse Conference (WMC) kicked off Friday in Beijing against concerns over restrictive crypto policies in the country. “The Hash” hosts discuss how officials in China view the metaverse and the potential impact on the global crypto ecosystem.
A Closer Look at the State of the NFT Market In China
Chinese tech giant Tencent will shut down sales of digital collectibles on its non-fungible token (NFT) platform Huanhe amid growing regulatory scrutiny, according to an official statement cited by Reuters. CoinDesk Executive Director of Global Content Emily Parker discusses the latest on China's NFT marketplace and the possible implications for the global crypto industry.