Policy

Policy

Markets

35 Chinese Banks Add Digital Yuan to Apps as Lenders Prepare for Adoption: Report

Another 94 banks plan to access the CBDC via a clearing platform.

Customers at a coffee shop in Beijing can use the digital yuan to pay.

Markets

Shenzhen PBoC Launches Crypto Trading 'Clean-Up': Report

China's central bank vowed earlier in August to keep high pressure on crypto trading.

People's Bank of China

Markets

Spanish Securities Watchdog Warns 12 Firms Including Huobi, Bybit for Non-Registration

The watchdog isn't banning the exchanges.

Warning sign

Markets

Beijing Signals Yearslong Tech Crackdown as Investors Reevaluate China Bets

China's tech crackdown extends far beyond crypto.

People's Bank of China's headquarters in Beijing

Markets

Korean Crypto Exchanges Paid $14.7M to Banks for Name Verification Services: Report

Exchanges have to set up partnerships with banks for real-name verification by Sept. 24.

Seoul, South Korea

Policy

New Crypto Bill in US Congress Is the Most Comprehensive Yet

Where other bills addressed crypto policy questions piecemeal, Rep. Don Beyer’s Digital Asset Market Structure and Investor Protection Act covers several in one fell swoop.

Rep. Don Beyer (D-Va.)

Markets

PBoC Says It Will Keep High Pressure on Crypto Trading

China's central bank holds that crypto trading brings financial risk to the economy, and said it will continue a crackdown on the industry.

People's Bank of China

Markets

Huobi Shuts Down Beijing Entity Amid Crypto Crackdown

The company said it's an old entity that isn't in use anymore.

Huobi OTC

Markets

Beijing City Blockchain Touts Interoperability With File Storage Product

The city's government plans to unite data that's spread out among its departments.

Chain

Markets

China Unveils Cryptography Research Center to Support Digital Yuan

The institute will be used to develop applications of the technology in an effort to boost security for China's central bank digital currency.

cryptography image