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Major Asian banks unite to form ‘multiple’ CBDC pact on blockchain
23.2.2021
Some of Asia's largest banking institutions are working together on a “multiple” CBDC project, designed to cross borders and navigate regulations easier than fiat
Ant-backed MYbank to help China expand digital yuan trial
22.2.2021
Tencent-backed WeBank and Ant Financial-backed MYbank will reportedly be the first private banks to join China’s digital yuan pilot
Chinese Tea Retailer Joins the Crypto Mining Industry After Hiring Two Roles to Lead Its ‘Bitcoin Business Plan’
21.2.2021
A Chinese tea retailer is looking to make its inception into the bitcoin mining business. Publicly-listed Urban Tea announced the expansion of its operations by appointing two executives to pursue its crypto plans. Urban Tea Praises Cryptocurrencies’ Widespread Popularity Per...
Russian Crypto Mining Companies Are Expanding Capacity as the Country Becomes a ‘Preferred Hotspot’
20.2.2021
Crypto mining operations have been witnessing some changes within the industry in terms of locations. A recent interview with the CEO of the mining giant Bitriver, revealed that Russia is becoming a preferred hotspot for crypto miners. Russian Mining Giant to Build Two Additional Facilities to Cope...
Volvo Owner Geely and Concordium in JV to Offer Blockchain Services, Apps in China
19.2.2021
Geely will own 80% of the venture while Concordium will own the rest
Fortune 500 firm Geely to launch joint blockchain venture in China
19.2.2021
A Swiss blockchain developer and Geely will provide enterprise blockchain solutions to clients, with a focus on digital identity, regtech and privacy enhancement technologies
Chinese Retailer Goes From Bubble Tea to Crypto Mining in Unlikely Pivot
18.2.2021
Urban Tea has hired two new executives ahead of its expansion into cryptocurrency mining
US Lawmakers Looking Into China’s Role in GameStop Pump: Report
18.2.2021
Some Republican members of the House Financial Services Committee want to look into Reddit’s ties to Chinese tech conglomerate Tencent and Robinhood rival Moomoo
Publicly-Listed Chinese Lottery Firm Acquires Bitcoin Mining Pool Btc.com
17.2.2021
A U.S. publicly-listed Chinese sports lottery firm is extending its arms into the crypto industry by announcing another related maneuver. 500.com Ltd announced it has acquired Btc.com, the well known bitcoin mining pool. Jihan Wu Is the ‘ Biggest Beneficial Owner’ of the Mining Pool...
Chinese bank tests biometric hardware wallet for digital yuan payments
17.2.2021
Another Chinese banking institution has created a hardware wallet for the country’s central bank digital currency
Chinese lottery service 500.com acquires Bitcoin mining pool BTC.com
16.2.2021
Chinese sports lottery service 500.com has entered a share exchange agreement to acquire maror Bitcoin mining pool BTC.com
Red Envelopes and BCH: Prominent Mining Execs Jiang Zhuoer and Jihan Wu Bolster Bitcoin Cash
14.2.2021
In recent days, bitcoin cash has seen significant gains, and supporters of the digital currency have been positive about specific developments, like the internet entrepreneur Kim Dotcom’s current support. On February 11, the Chinese New Year, the prominent bitcoin mining executives, Jiang...
Law Decoded: Of ICBMs, BTC and ETFs, Feb. 5–12
12.2.2021
Exploring where national security meets securities offerings in this week's crypto news
Crypto Mining Farm Spotted Using High-End Gaming Laptops: Report
11.2.2021
Images have surfaced on Twitter reportedly showing a crypto-mining operation using laptops fitted with high-end Nvidia RTX 30-series graphics cards
Baidu reportedly aims to address chip shortage plaguing gaming, crypto and cars
10.2.2021
Baidu is reportedly planning to commercialize its chip technology by setting up a dedicated subsidiary backed by crypto-friendly venture capital firms
South Korean Crypto Exchange Becomes the First Overseas Platform Legally Recognized in China
10.2.2021
A South Korean cryptocurrency exchange announced it established its first legally recognized branch in China. Although the nation banned all local crypto trading services, DBX said the firm already obtained a license to go ahead with the operations. Final Certificate of Incorporation Granted...
China's Steam Only Has 53 Games
10.2.2021
Steam is now available in China, and if you thought that would give Chinese gamers instant access to the weird, wonderful and sometimes deeply offensive depths of the service’s catalogue, well lol, no of course it doesn’t.Read more
China Was Questioning Tesla About Quality Problems. Then Bitcoin Happened
9.2.2021
How Tesla caught a lucky break
Beijing’s $1.5 Million Digital Yuan Giveaway: China to Airdrop Digital Currency for Chinese New Year
9.2.2021
China is giving away 10 million yuan in its central bank digital currency in Beijing. Recipients can spend the digital yuan during the Chinese New Year festival. Beijing has become the third major city in China to test the central bank digital currency. 50,000 People to Receive Free Digital Yuan...
China releases final anti-monopoly rules targeting major tech and payments firms
8.2.2021
China's market regulator finalizes rules that have been three months in the making