China Crypto

News and updates about Cryptocurrency and Blockchain in China

Damus Popularity High Despite Removal from China App Store

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Jack Dorsey's push for decentralized social media and Damus' success in reaching the top 10 list on iOS store in the US before being...

FTX Bankruptcy in Taiwan: Government Warns to Delete FTX Accounts

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As various discussions have sparked since the tragic news of a user's bank account being frozen due to their agreement with the FTX US...

Huobi Korea Fights Against FUD: Fire Coin Sale, Re-naming, and Staff...

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Amid FUD (Fear, Uncertainty and Doubt) in the crypto space, Huobi KOREA is fighting to re-establish its brand as a Korean company by attempting...

Cross-Border Payment Trials of Central Bank Digital Currencies in Asia

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With four Asian judicial regions testing out digital currencies issued by the state and international settlement banks participating in the pilot project, the total...

Chinese Yuan Hits Record Low After CCP Congress: Xi Jinping’s Third...

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The Chinese yuan has fallen to an all-time low of 7.33: 1 offshore after the Chinese Communist Party (CCP) Congress closed, with President...

China to Launch First Supervised NFT Trading Platform in 2023

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China is set to launch its first supervised non-fungible token (NFT) trading platform on January 1, 2023, which seeks to standardize the NFT market...

China: Former Politician Bribes 125 Million in Exchange for Bitcoin Mining...

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Amidst a Chinese government ban on Bitcoin mining and strong crackdowns in 2021, former Secretary of the Fuzhou Municipal Party Committee Xiao Yi was...

Hong Kong to Launch Virtual Asset Service Provider License on June...

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Following Hong Kong's decision to implement a new "Virtual Asset Service Provider License" system in June, the Hong Kong Financial Management Bureau is set...

Justin Sun’s Move to Hong Kong: Crypto Market Dominance Emerges in...

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In early 2023, Sun Yuchen, the founder of TRON Farm and Fire Bill Exchange, made a bold move to move to Hong Kong, convinced...

China Cryptocurrency Tax – Sun Yuchen Reacts: Huobi Global Won’t Share...

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As the Chinese government released plans to tax cryptocurrency, concerns have been raised about customer privacy and the role that exchanges may have in...