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Chinese Government Releases VR Research Plan Including Metaverse and Odor Simulation
4.11.2022
The Chinese government has presented a plan of action regarding the inclusion of virtual reality (VR) and augmented reality (AR) in the lives of the Chinese people. The plan contemplates research of several technologies, including the development of an open metaverse platform for its citizens...
CZ on central bank digital currencies: 'The more we have, the better'
3.11.2022
Binance CEO Changpeng "CZ" Zhao says there is room for CBDCs and crypto, and that he didn't see it as a threat to his company or the sector
Another Digital Yuan Giveaway Will See $2.75m Distributed in China’s Fuzhou
2.11.2022
China’s digital yuan pilot continues to gather pace: The nation’s central bank is teaming up with an e-commerce heavyweight in an effort to boost adoption. The parties will be giving away another $2.75m worth of coins (in e-voucher form) in the city of Fuzhou, in China’s Fujian Province....
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Chinese Central Bank Governor: User Privacy and Financial Security Key Principles Guiding CBDC Design Process
2.11.2022
According to Yi Gang, governor of China’s central bank, the process of designing the country’s digital currency is premised on two principles, the protection of user privacy as well as ensuring “financial security.” To achieve this, the central bank’s role will...
Crypto News Summary: Visa Masters of Movement FIFA NFT Auction, El Salvador Development Bank Won't Provide BTC Purchase Info, Coinbase Supports Ripple Against SEC
1.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Crypto News Summary: Visa Masters of Movement FIFA NFT Auction, El Salvador Development Bank Won't Provide BTC Purchase...
Beijing: Digital CNY Will Tread Line Between Ensuring Privacy and Fighting Crime
1.11.2022
China’s central bank digital currency, the digital yuan, continues to break new ground. And while it is already in use at over 5.6 million stores in the nation, its architects say they will build privacy-protecting functions into the coin....
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Chinese central bank exec says digital yuan will offer ‘controllable anonymity’
1.11.2022
China’s digital yuan is one of the earliest CBDCs whose pilot phase has expanded to include millions of users and billions in transaction volume
Huobi Global denies ‘large-scale layoffs’ and key exec resignations
1.11.2022
A spokesperson from Huobi Global says rumours of layoffs are "untrue" and the "senior management team is performing their duties as per normal."
Privacy Protection a Top Issue for Digital Yuan: China's Central Bank Governor
31.10.2022
Privacy protection is one of the top issues when it comes to Central Bank Digital Currency application, according to China's Central Bank Governor
Economists Discuss Russia, China Potentially Developing Gold-Backed Currency That Could Undermine US Dollar
31.10.2022
Economists have weighed in on reports that China and Russia may be developing a new gold-backed currency that could undermine the U.S. dollar’s status as the world’s primary reserve currency. Russia and China May Be Developing Gold-Backed Currency Several experts have shared their views...
Toda City in Japan Is Using Metaverse Tools to Combat School Absenteeism
29.10.2022
Toda City, located north of Tokyo in Saitama prefecture, is using metaverse-based tools to fight the absenteeism problem that Japan faces. The city includes children in virtual spaces where they can explore virtual campuses and attend classes online, while preparing to eventually rejoin regular...
Study Finds Nearly 60% of Hong Kong and Singapore’s Super Rich Have Invested in Digital Assets
28.10.2022
According to a study jointly published by KPMG China and Aspen Digital, about 58% of Singapore and Hong Kong’s family offices and high-net-worth individuals have invested in digital assets. Reports suggest the info shows the crypto market downturn has not diminished the super-rich’s...
257 Economists Say Global Recession Is Near, US Trade Restrictions Against China Could Stir Taiwan Invasion
27.10.2022
According to 257 economists polled by Reuters, the global economy is approaching a recession, but 70% of the survey’s participants believe the chances of a sharp rise in unemployment levels will be low. The poll follows the Biden administration and the U.S. Commerce Department issuing a package...
Billionaire Arthur Hayes Says Bull Market Will Return When This Happens
27.10.2022
Arthur Hayes, a prominent American banker, entrepreneur, and former CEO of crypto derivatives giant BitMEX, has speculated that the next crypto bull run will kick off when China eases its stance toward the crypto market. ...
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Hong Kong could be key for China’s crypto comeback: Arthur Hayes
27.10.2022
Hayes says the next crypto bull run will be tied to when China embraces the crypto market again, and Hong Kong could be the gateway for this to happen
JPMorgan CEO Jamie Dimon: US-China Tensions, Russia-Ukraine War ‘Far More Concerning’ Than Recession
27.10.2022
JPMorgan Chase CEO Jamie Dimon says the tensions between the U.S. and China and the Russia-Ukraine war are “far more concerning than whether there’s a mild or slightly severe recession.” He stressed: “I would worry much more about the geopolitics in the world today.”...
BIS releases full report on mBridge wholesale CBDC platform after successful pilot
26.10.2022
The Bank for International Settlements is on a roll with its third publication within days detailing how commercial banks in four jurisdictions transferred funds using CBDC
First Mover Asia: China’s Bitcoin-Funded Intelligence Operation in US Likely About Chips; Bitcoin Soars Past $20K
26.10.2022
The U.S. Department of Justice is alleging that two Chinese intelligence officers tried to bribe an undercover FBI agent with bitcoin for information about the U.S. government’s investigations into technology giant Huawei
US Charges Chinese Spies in Scheme to Bribe Government Employee With Bitcoin to Steal ‘Secret’ Documents
26.10.2022
The U.S. has charged two Chinese intelligence officers in a scheme to bribe a U.S. government employee to steal “secret” documents relating to the prosecution of a company in China. The defendants paid the government employee, who is actually a double agent, approximately $61,000...
Chinese agents used Bitcoin transactions through Wasabi to allegedly bribe US government employee
25.10.2022
According to an analysis by crypto risk management firm Elliptic, two Chinese intelligence agents used Wasabi Wallet to conceal BTC transactions allegedly used for bribes