China

FIL Miners Force Filecoin to Speed Up Token Rewards Following Mainnet Launch
Some of the largest Filecoin miners stopped mining on Saturday, complaining the project’s mining incentive scheme has made it impossible for the miners to start operations.

Huobi Guarantees Normal Operations During OKEx’s Suspension of Crypto Withdrawals
Huobi, one of OKEx’s biggest competitors, ensured its users that its platform is “currently operating normally,” after OKEx announced that it has suspended all cryptocurrency withdrawals indefinitely.

OKEx Denies Investigation of Founder Star Xu Is Related to Money Laundering
OKEx has denied the ongoing investigation of its founder is related to an anti-money laundering investigation.

First Mover: OKEx Private Key Snafu Sends Bitcoin Lower as China DeFi Rises
OKEx withdrawal suspension sends bitcoin lower, China becomes hotbed of DeFi development, Filecoin first-day trading leaves market cap above $800M.

Trump's Security Hawks Call Distributed Ledgers 'Critical' in US-China Tech Arms Race
DLT is among 20 "critical and emerging" technologies in the Trump Administration's new strategy for preserving the U.S.' technological edge.

China’s Digital Yuan Blurs the Lines Between CBDCs and Crypto
An in-depth analysis of China's digital yuan project reveals more similarities to crypto than you might think. Upshot: seismic disruption to the financial system.

How the DeFi Craze Made Its Way to China
DeFi is booming in China, with startups adapting and building on popular western projects within the nation's active crypto economy.

The IMF, G20 and BIS Gear Up for the Central Bank Digital Currency Era
New reports on digital currency design principles and regulatory standards show just how quickly the world’s bankers are moving.

Nearly 2 Million Sign Up for China's Digital Yuan 'Lottery'
Around 50,000 digital "red envelopes," reminiscent of the traditional gifts doled out in China for special occasions and each containing 200 digital yuan ($29.60), were handed out Monday.

China Should Accelerate Rollout of Digital Yuan, Says Central Bank Official
Chen Yulu, deputy governor of the People's Bank of China, said over the weekend the digital yuan project should be accelerated as an important part of the nation's financial infrastructure.

