China

China

Tech

2020 Vision: 7 Trends Bringing Blockchain Into Focus in the Year Ahead

As the blockchain industry moves from experimentation to implementation, futurist David Shrier is following these seven bellwethers.

David L. Shrier

Markets

Hong Kong Blockchain VC Hires Former NEO Exec to Launch Shanghai Office

Former NEO general manager Zhao Chen joins Hong Kong-based venture capital firm CMCC Global to lead blockchain equity investments in mainland China at a new Shanghai office.

China financial district

Markets

The Productization of Bitcoin Maximalism

NLW discusses the rise in bitcoin only businesses and “blockchain not crypto” in China vs. “digital assets not blockchain” in US financial firms.

12.17-2

Finance

Blockchain Startup Conflux to Get Shanghai Government Funding for Research Institute

Shanghai will open a blockchain research center by the end of December with substantial investment, even as China’s government continues to crack down on crypto-related businesses.

Shanghai image via Shutterstock

Markets

Chainalysis Report on PlusToken 'Scammers' Blamed for Monday’s Crypto Selloff

As bitcoin and ether prices fell below technically significant levels, some traders are citing fear emanating from a report about the alleged PlusToken Ponzi scheme as the reason for the plunge

Bitcoin fell 4 percent in a matter of minutes Monday, image via CoinDesk's Bitcoin Price Index

Finance

Chinese City Warns Investors: Crypto Isn't Blockchain

One Chinese city has a stern warning for investors: make sure you are not investing in crypto masquerading as blockchain.

Credit: Shutterstock

Markets

Bitmain’s Miner Manufacturing Subsidiary Had $680K in Assets Frozen in a Contract Dispute

In the latest contract dispute to hit the firm, $680,000 belonging to a fully owned subsidiary of bitcoin mining giant Bitmain has been frozen by a Chinese court.

(Credit: Shutterstock)

Policy

China's SEC May Soon Have a Crypto-Savvy Department Chief: Report

China's securities watchdog is reported to be hiring Yao Qian, the former head of the central bank's digital currency initiative, as the chief of its new tech regulation bureau.

Yao Qian, director of the Science and Technology Supervision Bureau of the China Securities Regulatory Commission

Finance

Tencent’s WeBank to Provide Infrastructure for China’s National Blockchain Consortium

WeBank has become the first technical infrastructure provider for China’s blockchain network.

(Shutterstock)

Markets

China's Central Bank Likely to Pilot Digital Currency in Cities of Shenzhen and Suzhou: Report

The People's Bank of China is said to be preparing to launch pilots for its digital currency in Shenzhen and Suzhou from the end of the year.

yuan, reminbi