China


Mercados

Iran's Bitcoin Bet and the Money Wars to Come

Iran's push to license bitcoin mining could help it evade U.S. sanctions. But the plan is likely to help some of its people more than others.

Rachel Sun/CoinDesk

Regulación

China Is Opting Out of US-Run Financial System

If the U.S. government doesn’t lead financial innovation, China will leapfrog it and control the world’s emerging monetary infrastructure.

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Regulación

What China's Blockchain Services Network Means for the World

While China invests heavily in blockchain technology, President Biden failed to mention the topic in his recent State of the Union.

Sonny Ross/CoinDesk archives

Mercados

Beijing to Track Crypto Mining Impact on Energy Consumption: Report

A Beijing municipal bureau sent an emergency notice to local data centers, asking about crypto mining operations.

Beijing

Mercados

US Will Not Race China to Develop a CBDC: Fed Chairman Powell

The U.S. is biding its time to see whether a CBDC was something that would be a "good thing for the people," Powell said Wednesday.

Federal Reserve Chair Jerome Powell

Vídeos

Nexon Bags $100 Million in Bitcoin; Inner Mongolia Crypto Mining Exodus

Online gaming giant Nexon added 1,717 Bitcoins worth $100 million USD into its corporate treasury, stamping the largest crypto purchase from a Tokyo Stock Exchange-listed firm. In China, the deadline for crypto miners to wrap up businesses in Inner Mongolia is inching closer. Could Europe and the United States present greener pastures?

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Mercados

Bitcoin Hashrate Rebounds as Xinjiang Miners Come Back Online

The outages took place shortly before mining operations usually move from the coal-rich Xinjiang region to the rain-rich region of Sichuan.

Bitcoin's hashrate is bouncing back.

Vídeos

Ant Group Confirms It Is Helping China With the Digital Yuan

Jack Ma's Ant Group confirmed that it has been working on the digital yuan project with China's central bank since at least last year, providing the People's Bank of China access to its database technology and payment tools. Nik De breaks it down. Plus, the House passes the first major crypto-specific legislation aimed at breaking down barriers to innovation.

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Vídeos

Ant Group Shares Exclusive Database Tech to Grow China’s E-Yuan

Internet giant Ant Group, which owns mobile payment leader Alipay, says it will offer technical support to help China roll out its digital currency. JD.com, a leader in China’s e-commerce space, reveals that it’s started paying some employees with the DCEP.

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Mercados

Ant Group Has Been Working With China’s Central Bank on Its CBDC Since 2017: Report

The Alibaba-affiliated company disclosed the information over the weekend at the Digital China Summit in Fuzhou.

People's Bank of China