China Crypto

News and updates about Cryptocurrency and Blockchain in China

Binance CEO Changpeng Zhao Alleged As Chinese Communist Party Member: AI...

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The world’s largest cryptocurrency exchange, Binance, has recently been the target of a malicious attack involving the use of ChatGPT, an AI-based chatbot. This...

Coinbase CEO Brian Armstrong: Restrictive US Crypto Regulations to Benefit China...

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Coinbase CEO Brian Armstrong has cautioned that restrictive crypto regulations in the United States could inadvertently benefit "adversary nations" like China. In an op-ed...

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...

China’s CSRC Willing To Work With US On Audit Deal

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The China Securities Regulatory Commission (CSRC) has announced its readiness to collaborate with the U.S. on an audit deal. This is in response...

China’s Innovative CBDC Metro Payments: Power- and Network-Free Pilots Signal a...

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Qingdao, a city in China, is set to become the first in the nation to pilot an electricity- and network-free digital yuan metro payments...

Sequoia China Seed Fund Raises $480M in 5 Years

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Sequoia China Seed Fund, one of China's largest early funding funds, has reported $480 million in seed fund funding since 2018, providing investments to...

Janet Yellen: US Decoupling from China “Disastrous”

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US Treasury Secretary Janet Yellen has warned against any effort to decouple the US economy from China, saying it would be “disastrous” for...

Reports: China-based Chemical Firms Earn Millions in Cryptocurrency Supplying Fentanyl Substances...

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London-based blockchain analytics firm, Elliptic, has identified over 90 China-based chemicals firms that are willing to sell fentanyl precursors. Elliptic's report indicates that suppliers...

DBS Bank Goes Digital: Launches New Payment System to Embrace e-CNY!

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DBS Group China, the mainland subsidiary of Singapore-based DBS Bank, has launched a new payment solution to support China's digital yuan (e-CNY). This solution...

Beijing Issues Guidelines: No ICQ Promotion for Inappropriate Financial Services

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In order to maintain financial security, the Beijing Municipal Market Supervision and Administration Bureau has issued guidelines prohibiting the advertisement of virtual currency (ICQ)...