China
Chinese City Plans Third Digital Yuan Pilot, Giving Away $3M in Prize Draw
Lottery entrants can apply to win 200 digital yuan each.
China’s Blockchain-Based Service Network to Integrate Central Bank Digital Currency
The BSN expects to complete integrations with a total of 30 public blockchains this year.
Chinese Hospital Issues First Electronic Bill on Blockchain
Hainan is one of the few provinces that have successfully incorporated blockchain technology into their public institutions’ online administrative platforms.
CEX, Lies and Videotape: Binance Accuses Rivals of Fighting Dirty
A bogus video on Chinese social media has intensified a long-standing feud involving Binance, Huobi and OKEx.
Shanghai Government Invests $5M in Blockchain Startup Conflux
The Shanghai government has invested over $5 million in Conflux while putting the project on a list of 57 companies that focus on emerging technologies.
Babel Finance Is Letting Crypto Mining Firms Use Machines as Loan Collateral
A clever way for bitcoin miners to get better loan terms.
US-Listed Chinese Lottery Firm Plans $14.4M Move Into Bitcoin Mining
Shares of the company traded up 11% on the news of the deal to purchase miners later this year.
Chinese Bank Trials Digital Yuan Services at ATMs: Report
Trials of China's central bank digital currency continue, with ATMs now starting to be used in Shenzhen.
Trump Signs Order to Ban Ma's Alipay, Other Chinese Apps
Separately, U.S. officials are reportedly considering banning U.S. citizens from investing in Alibaba Group, an affiliate of Alipay's parent.
