China
Justin Sun on Huobi Being Acquired by About Capital
Tron Founder Justin Sun discusses the significance of Hong Kong-based About Capital acquiring crypto exchange Huobi Global. Plus, insights into decentralized stablecoin USDD, "advantages" of central bank digital currencies (CBDCs), how Binance competes against its rivals and his "highly optimistic" outlook for China's crypto scene.
Landmark CBDC Test Backed by China, Thailand and Hong Kong Deemed Success, BIS Says
The Bank for International Settlements (BIS) said a project involving multiple Asian central bank digital currencies (CBDC) has been deemed a success, facilitating over $22 million in foreign-exchange transactions. Josh Lipsky, Senior Director at Atlantic Council GeoEconomics Center, discuses CBDC progress in China and around the globe.
Chinese Investors Could Snap Up Cryptocurrencies as Yuan Slides, Hedge Fund Says
The currency fell to a 14-year low against the U.S. dollar early Wednesday.
'Decentralization Under Centralization': How Chinese Universities Teach Blockchain
President Xi wants China to be the world’s leader in blockchain technology but has banned its most popular uses. Students and faculty wonder whether universities can successfully teach blockchain with Chinese characteristics, and if graduates can find jobs. This story is part of CoinDesk's Education Week
Landmark International CBDC Test Deemed Success, BIS Says
Over $22 million in foreign exchange was aided via the pilot involving China, Thailand and Hong Kong, the Bank for international Settlements said
China Arrests 93 for Crypto-Related Money Laundering; Bank of America Says Crypto Is Acting as Risk Asset
Interpol has issued a Red Notice for Terraform Labs co-founder Do Kwon, according to a report from Bloomberg. Authorities in China's Hunan province arrested 93 people for allegedly laundering up to RMB 40 billion ($5.6 billion) using crypto. Digital assets continue to act as risk assets, falling as global interest rates rise, Bank of America (BAC) said in a research report Friday.
Chinese Authorities Arrest 93 for Crypto-Related Money Laundering
The suspects laundered as much as RMB 40 billion, according to Hengyang county police.
Best Universities for Blockchain 2022: Fudan University
An integration of university research with industry collaboration sets the No. 28-ranked school apart. This story is part of CoinDesk's Education Week.
Best Universities for Blockchain 2022: Zhejiang University
The No. 24 school offered the first blockchain course in China. This story is part of CoinDesk's Education Week.
Best Universities for Blockchain 2022: Chinese University of Hong Kong
The No. 20-ranked school helped build a blockchain based Covid-19 digital passport. This story is part of CoinDesk's Education Week.
