Chinese Central Bank, Others to Test CBDC-Based Cross-Border Payments It is not clear if the central bank consortium will use digital yuan for settlement.
China’s 500.com Expands Crypto Presence with the Acquisition of BTC.com The company has entered into a shares exchange agreement with Blockchain Alliance Technologies.
South Korean Crypto Exchange Opens Local Branch in China The local branch will start operating from next month.
Chinese City Suzhou to Distribute $5 Million in Digital Yuan The city earlier gaveaway 20 million digital yuan.
Shenzhen Announces 20 Million Digital Yuan Giveaway The Chinese city announced to give 100,000 packets via a lottery, each worth 200 digital yuan.
China’s Cryptocurrency Mining Dominance in Danger Crypto mining companies are leaving China for Nordic countries to take advantage of a plunge in electricity prices.
China’s Leading Investment Bank Joins SGX as Securities Trading Member The SGX welcomed China International Capital Corporation (CICC Singapore) to increase financial connectivity with China.
‘We Are Not Like Libra’: China’s CBDC Won’t Aim to Replace International Fiats "[...] We don’t have an ambition to replace existing currencies," said Zhou Xiaochuan, former PBC governor.
China’s Digital Yuan Completed 20K+ Transactions in Successful Weekend Trial Still, China's digital currency may not be used on a massive scale until 2023.
Bitmain Launches International Version of AntSentry The company plans to make crypto mining easier with the launch of AntSentry International.
DiDi, Meituan, Bilibili Participate in Suzhou’s Digital Yuan Test The city is distributing $3 million in digital yuan via the lottery.
HKMA, PBoC Initiate Talks for Digital Yuan Testing in Hong Kong The Hong Kong regulator is willing to check the cross-border payment feature of the CBDC.
Another Crypto Exchange Halts Withdrawals as China Detains Founder The founder has been in police custody for the last 15 days.
BGC Partners’ Subsidiary Launches Joint Venture in China GFI Asia Partners established a joint venture with Guizhou big data capital to offer OTC derivatives brokerage service.
US Plans to Take on China in Bitcoin Mining Titan Mining announced the first North American enterprise-grade Bitcoin mining pool to compete with China.
SGX Lists Domestic Bonds of China Development Bank China’s prominent bank listed a total of six fixed-rate bonds on the Singapore Exchange.
Chinese Police Seize over $4.2 Billion from PlusToken Proceeds The scheme has defrauded 2.6 million investors of over $11 billion.
China’s Leading Blockchain Infrastructure Provider Adds Polkadot BSN has announced the integration of Polkadot, Oasis, and Bityaun into its network.
China Construction Bank Cancels $3 Billion Digital Bond Listing Fusang exchange confirmed that the listing has been suspended at the issuer’s request.
Chinese Lender Taps Fusang to Issue Bonds Worth $3B on Blockchain These bonds can be traded with USD or Bitcoin.