China

Conflux Token Spikes 60% After Integrating China’s Version of Instagram
Conflux, the native token of the layer 1 Conflux blockchain, soared by 60.25% on Thursday after it announced it had integrated Little Red Book, China's version of Instagram. Conflux received a $5 million research grant from Shanghai's government in 2021. "The Hash" hosts discuss the cultural contexts, lack of clarity and changes in China's policy towards digital assets.

US and Asia’s Approach to Crypto
While sentiment toward crypto may be souring among U.S. regulators and lawmakers, Asia is revising policies to welcome crypto. CoinDesk Executive Director of Global Content Emily Parker discusses the difference in the U.S. and Asia's approach to crypto regulation, citing the implosion of FTX and stablecoin legislations. Plus, what can be learned from regulatory frameworks in Singapore, Hong Kong and Japan. And, insights on FTX users in China.

El token Conflux se dispara un 60% al integrarse la blockchain con la versión china de Instagram
200 millones de usuarios ahora podrán mostrar NFT de Conflux en sus páginas de perfil de Little Red Book.

Carbonbase CEO on the State of CBDC Use In China
Carbonbase CEO Max Song shares insights into how retail central bank digital currency (CBDC) is being used inside China, among other things, to incentivize green action. Plus, he discusses challenges of a government CBDC.

Carbonbase CEO on Using Blockchain to Fight Climate Change
Carbonbase CEO Max Song discusses using blockchain to empower enterprises, individuals and communities to offset carbon emissions and create a more sustainable world. Plus, insights on China's potential pivot in the digital asset space.

China lanza la funcionalidad de contratos inteligentes para el yuan digital a través de la aplicación de comercio electrónico Meituan
A través del contrato inteligente, los usuarios pueden WIN parte de un premio diario de $ 1,312 por usar el yuan digital.

El yuan digital chino se utiliza por primera vez para comprar valores, según un informe
La semana pasada, el país también agregó una función a su aplicación de pago e-CNY que permite a los usuarios realizar pagos sin conexión.

China Includes Digital Yuan in Cash Circulation Data
The People’s Bank of China included the country's digital currency in calculations of the amount of currency in circulation in December for the first time, with e-CNY representing 0.13% of cash and reserves held by the central bank. "The Hash" panel discusses what this means for the adoption of central bank digital currencies (CBDC).

China incluye el yuan digital en los datos de circulación de efectivo por primera vez
El yuan digital, e-CNY, representó el 0,13% del efectivo y las reservas en poder del banco central.

China Is Launching a State-Backed NFT Marketplace: Report
China is launching its first state-backed non-fungible token (NFT) marketplace, according to a report by the Chinese state media outlet China Daily. It's the latest sign of the country embracing a technology that has occupied a legal gray area. "The Hash" panel discusses China entering the NFT scene and what this means for the state of crypto.
