China

China

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China Central Bank Official: Digital Yuan Should Have 'Controllable Anonymity'

China's proposed digital yuan should strike a balance between protecting privacy and regulatory enforcement, a central bank official said.

yuan, china

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After Xi, China's Central Bank Gives Blockchain Tech a Pump

The People's Bank has said blockchain is a solution to trade finance asymmetries in the latest promotion of the tech in China.

Shutterstock

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After Painful 2018, Chinese Blockchain VCs Are Getting Back Into the Market

After the crypto market crash last year, Chinese venture capital firms are taking another look at blockchain.

Yuan

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Bitcoin Mining Power Sees Short-Term Drop as Rainy Season Ends in China

After sustained growth over the past three months, bitcoin's mining power has dropped with a seasonal falloff in hydropower output in China.

Bitcoin mining farm (CoinDesk archives)

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Binance Said to Plan Beijing Office Amid China's Renewed Blockchain Push

The world's largest cryptocurrency exchange by volume is establishing a new outpost in China's capital city.

Binance CEO Changpeng Zhao

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Bitcoin Dissident Sees Dark Warnings in China's Blockchain Push

Grave concerns about the evolution of blockchain technology from someone who lived in China and used bitcoin for its censorship-resistant value.

china-facial-recognition

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Chinese State-Owned Media Try to Dampen Market's Crypto Enthusiasm

Chinese state-backed media are warning investors to remain rational amid a spike in interest in crypto companies.

China stocks

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FTX Launches Futures on Index of 8 China Cryptos Amid Xi Blockchain Pump

Derivatives exchange FTX has launched an index of eight popular Chinese cryptocurrencies, as well as futures offering exposure to the basket.

Dragon China

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Ex-Official Trolls Libra, Says China Likely to Issue Digital Currency First

China's central bank could be the first to issue its own national digital currency, a former official said, while contending that Libra was doomed.

China Libra

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Chinese Official Warns Libra Could Abet Illegal Cross-Border Transfers

Libra must abide by international foreign exchange regulations to not enable illegal transfers or “it should be banned,” a senior Chinese regulator said Monday.

China Shelf, from Chippendale Drawings