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China
Ex-Head of China's Digital Yuan Effort Says CBDCs Could Operate on Ethereum
Central bank digital currencies will one day be more "smart," and not merely digital versions of cash, Yao Qian said.
Crypto Crimes Surge in Asia; Bitcoin Reasons for Divorce in South Korea
South Korea has lost $5 billion due to crypto-related crime over the past five years as fraud and scams surge across Asia. China’s Sichuan province looks to weigh the effects of a crypto mining ban on the region’s hydropower generation. Back in South Korea, crypto is becoming a reason for couples to get divorced. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Sichuan Energy Regulator to Meet to Discuss Bitcoin Mining: Report
Some mines in Sichuan are operating as usual despite the recent crackdown, Global Times reported.
Why China’s Crackdown May Make Bitcoin Mining More Centralized
Big Chinese miners are likely to survive the crackdown.
PayPal Exec: Most Central Banks Don't Have Appetite to Own Technology
During a 1:1 session at Consensus 2021, PayPal's VP & GM, Blockchain, Crypto and Digital Currencies, Jose Fernandez da Ponte, believes central banks know what they are doing on the technology side but doesn't think they have an appetite to own the technology stack and handle millions of consumer accounts.
Bobby Lee Says Latest China 'Bitcoin Ban' Nothing to Fear and Nothing New
China's government is taking more drastic measures against bitcoin mining. The Ballet CEO thinks this will strengthen the network over time.
Inner Mongolia Outlines How It May Ban Crypto Mining
Inner Mongolia drafted a detailed plan to crack down on crypto mining in the region following the ban issued in February and the State Council's notice.
Sam Bankman-Fried’s Crypto Markets Outlook
The crypto markets have been volatile over the last few weeks, spooked by China’s threats to miners and Elon Musk’s tweets flip-flopping on bitcoin’s sustainability. FTX founder Sam Bankman-Fried weighs in on what’s going on in the crypto markets and what he expects to see in the near term.
China’s BSN Builder Urges Developers to Look Beyond Cryptocurrency
Red Date Technologies CEO Yifan He was showing off the BSN stack in public for the first time.
