China
China’s Non-Crypto Blockchain
China’s state-backed BSN pushes use of non-crypto blockchain outside mainland. Why is there a need for non-crypto blockchain? This story and other news shaping the cryptocurrency world in this episode of “The Daily Forkast.”
China’s State-Backed Open-Source Blockchain Enlists Hong Kong's HSBC, Emperor Group
The project is encouraging the use of blockchain technology without the use of cryptocurrencies.
China’s World Metaverse Conference Underway in Beijing
China’s three-day World Metaverse Conference (WMC) kicked off Friday in Beijing against concerns over restrictive crypto policies in the country. “The Hash” hosts discuss how officials in China view the metaverse and the potential impact on the global crypto ecosystem.
A Closer Look at the State of the NFT Market In China
Chinese tech giant Tencent will shut down sales of digital collectibles on its non-fungible token (NFT) platform Huanhe amid growing regulatory scrutiny, according to an official statement cited by Reuters. CoinDesk Executive Director of Global Content Emily Parker discusses the latest on China's NFT marketplace and the possible implications for the global crypto industry.
Bitcoin Mining Rig Maker Canaan Sees 'Prolonged Headwinds' After Challenging Quarter
CEO Nangeng Zhang cited a slumping bitcoin price and COVID-19 lockdowns in China.
Tencent Halts NFT Sales on Its Huanhe Platform Amid Regulatory Scrutiny: Report
Users will still be able to hold, display or request a refund for their digital tokens.
Chandler Guo on China's Crypto Mining Outlook
Last September, Chinese authorities ordered a crackdown on crypto mining and outlawed virtually all crypto trading activities, leading to the migration of crypto miners out of the country. Ethereum miner Chandler Guo discusses the future of crypto and mining in China and why he sees all miners ultimately moving to Canada and the U.S.
India Regulator Probes at Least 10 Crypto Exchanges on Money Laundering Allegations: Report
The Enforcement Directorate believes approximately 1000 crore rupees ($130 million) could have been laundered in the case.
Investors Watch Markets as Pelosi’s Taiwan Trip Weakens Risk Sentiment
U.S. House Speaker Nancy Pelosi landed in Taiwan on Tuesday, raising geopolitical tensions in China and zapping investor risk appetite. Race Capital General Partner Edith Yeung discusses her take on Pelosi's "truly reckless and really dangerous" visit and why "nothing good [will] come out of it." Plus, her analysis and outlook of the "warm" crypto winter.
