China Crypto

News and updates about Cryptocurrency and Blockchain in China

China’s Conflux Protocol: A Versatile Layer 1 Blockchain Competitor to Polygon...

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Conflux (CFX) is a layer 1 blockchain protocol that is seeing an impressive 10% growth leap today, mounting to $0.3333. The digital currency has...

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 Xi...

Floki, the Shiba Inu-Themed Token, Surges in Trading Volume Amid China...

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On Sunday, the token Floki (FLOKI) experienced a surge of over 10% and recorded its highest trading volumes in more than three weeks. This...

Hong Kong Emerges as Key Crypto Player with Chinese Bank Partnerships

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Hong Kong is quickly becoming a major player in the cryptocurrency market. It was mainly due to the recent partnerships with major Chinese state-affiliated...

Rep. Emmer Accuses Gensler of Incompetence, Pushing US Businesses to Chinese...

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At a House Financial Services Committee hearing on Tuesday, Republican lawmakers criticized US Securities and Exchange Commission (SEC) Chairman Gary Gensler for his approach...

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...

Conflux Community and China Telecom Launch Blockchain-Powered SIM Card

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Conflux Community, a blockchain supported by the Chinese language authorities, has launched its preliminary blockchain-powered SIM card (BSIM) in partnership with China Telecom. The...
Blockchain Service Network

China’s Blockchain Service Network (BSN) Guide

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China's Blockchain Service Network (BSN) is a national initiative designed to boost the integration and adoption of Blockchain in big businesses. China has positioned herself as a leader in Blockchain development, with 45% of all blockchain projects coming from the nation's industries and tech giants (such as Tencent's Blockchain Accelerator).

Experts: New Crypto Rules Position Hong Kong as China’s ‘Testing Ground’

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Hong Kong is actively positioning itself as a key crypto hub in the region by reopening trading to retail investors. New crypto rules in...

How Hebei Residents Can Save Up To $73 With Digital Yuan...

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Hebei province in China is encouraging its citizens to adopt digital yuan by issuing them central bank digital currency (CBDC) discount coupons. According to...