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News and updates about Cryptocurrency and Blockchain in China

DCEP: China’s National Digital Currency Overview

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Table of Contents Toggle What is DCEP?Why is China coming up with a digital currency?History and development of DCEPUses for DCEPSpecial features of DCEPDeployment and DistributionAre...
Chinese New Year Bitcoin dump

Bitcoin Price Drops because of Chinese New Year? 2024 CNY dump...

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Chinese New Year (Lunar New Year) has strong influence on cryptocurrency prices, with Bitcoin prices decreasing in the months leading up to the New Year. This article examines the trend and the possible reasons for why it happens.

​Metaverse Craze: Chinese Media Warns of Hype, Regulatory Risks

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Amidst a flurry of media hype regarding the Metaverse, China's CCTV released a financial report on December 10 which indicated that virtual real estate...

HKMA Urges Major Banks to Embrace Crypto Exchanges as Clients, Report...

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The Hong Kong Monetary Authority (HKMA) is urging HSBC, Standard Chartered, and Bank of China to accept crypto exchanges as customers. According to the...

True Innovation vs. Pseudo: China’s Prosecutors Take on NFT Market Risks

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The Supreme People’s Procuratorate of the People’s Republic of China recently shared its thoughts on the non-fungible token (NFT) market. In an article, three...

China Capitalizes on US Crypto Crackdown for Digital Finance Control

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China is in a strong position to dominate the future of money and finance, thanks to its special administrative region in Hong Kong and...

10 Billion Yuan CCTV Financial Media Fund Established in China Amid...

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In the face of intensifying suppression of the cryptocurrency industry by the Chinese government, a state-level industrial investment fund "CCTV Financial Media Industry Investment...

Greenland Holdings Subsidiary Applies for Virtual Asset Trading License in Hong...

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Greenland Financial Technology Group, a subsidiary of Greenland Holdings, is the first state-owned Chinese company to apply for a virtual asset trading license in...

The Emergence of Tokenized Securities in China

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BOCI, Bank of China's investment banking arm, issued tokenized securities on Ethereum in Hong Kong. This move has led many to believe that China...

China’s Supreme Court Recognizes Cryptocurrency as Legal Tender for Debt Settlement

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China's Supreme Court has recently released guidelines regarding cryptocurrency-related disputes. It is stating that settling a debt using a small amount of digital assets...