China

Conflux Token Spikes 60% as Blockchain Integrates China’s Version of Instagram
200 million users will now be able to display Conflux NFTs on their Little Red Book profile pages.

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 Launches Smart-Contract Functionality on Digital Yuan Through E-Commerce App Meituan
Through the smart contract, users can win part of a daily prize of $1,312 for using the digital yuan.

China's Digital Yuan Used to Buy Securities for the First Time: Report
Last week, the country also added a function to its e-CNY payment app that allows users to make payments offline.

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

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 Includes Digital Yuan in Cash Circulation Data for First Time
The digital yuan, e-CNY, represented 0.13% of cash and reserves held by the central bank.

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.

China to Launch First National ‘Digital Asset’ Marketplace
While trading digital collectibles has been popular among Chinese collectors through heavily regulated marketplaces, this is the country’s first official foray into NFTs.

