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China
Chinese City Warns Investors: Crypto Isn't Blockchain
One Chinese city has a stern warning for investors: make sure you are not investing in crypto masquerading as blockchain.
Bitmain’s Miner Manufacturing Subsidiary Had $680K in Assets Frozen in a Contract Dispute
In the latest contract dispute to hit the firm, $680,000 belonging to a fully owned subsidiary of bitcoin mining giant Bitmain has been frozen by a Chinese court.
China's SEC May Soon Have a Crypto-Savvy Department Chief: Report
China's securities watchdog is reported to be hiring Yao Qian, the former head of the central bank's digital currency initiative, as the chief of its new tech regulation bureau.
Tencent’s WeBank to Provide Infrastructure for China’s National Blockchain Consortium
WeBank has become the first technical infrastructure provider for China’s blockchain network.
China's Central Bank Likely to Pilot Digital Currency in Cities of Shenzhen and Suzhou: Report
The People's Bank of China is said to be preparing to launch pilots for its digital currency in Shenzhen and Suzhou from the end of the year.
Multicoin Capital Hires Principal in Asia as Crypto VCs Look East
Mable Jiang, formerly of Nirvana Capital, will spearhead the venture firm's hunt for new deals in Asia.
Huobi Says It's Joining a Chinese Government-Led Blockchain Alliance
Huobi China has joined a blockchain consortium backed by a powerful state-sponsored entity.
Little-Known Crypto Exchange With Ties to a Shanghai Firm Halts Services, Says CEO 'Missing'
IDAX says its unnamed "global CEO has gone missing" and asked customers to stop using its services.
Crypto Market's Overreaction to Xi's Blockchain Remark Prompts Tougher Crackdown
The market’s overreaction to President Xi’s praise of blockchain technology has prompted another crackdown, dashing hopes for a crypto-friendly China.
25,000 Blockchain Firms in China Tried to Issue Cryptos, Senior Official Claims
Some 25,000 Chinese companies have tried to issue their own tokens over the past few years, a new report authored by five government agencies claims.
