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China Forestry Executives Found Guilty of Market Misconduct

China Forestry Executives Found Guilty of Market Misconduct

The Market Misconduct Tribunal finds China Forestry's former chairman and CEO guilty of false disclosures and insider trading.

US-China Cold War Could Benefit Bitcoin

US-China Cold War Could Benefit Bitcoin

An internal Chinese report presented to Chinese Leader Xi Jinping and his top party members on May 4, concluded that anti-China sentiment is currently at its highest since the 1989 Tiananmen Square crackdown according to Reuters.

10,000 New Blockchain Companies Founded in China Despite COVID-19

10,000 New Blockchain Companies Founded in China Despite COVID-19

COVID-19 has not prevented blockchain companies in China from emerging at a dramatic speed.

People’s Bank of China Announces Its Digital Currency is Ready

People’s Bank of China Announces Its Digital Currency is Ready

The central bank of China has announced that its digital currency can now be said to be ready. Speaking in a major event, the China forum as reported by local news site Shanghai Securities News on August 10, the deputy director of the people’s Bank of China (PBoC) Mu Changchun stated that over five years of rigorous research work has been put into creating a prototype that adopts the Blockchain architecture

US Declares China a 'Currency Manipulator' while Bitcoin Sees Growth

US Declares China a 'Currency Manipulator' while Bitcoin Sees Growth

The US Treasury Department officially designated China as a “currency manipulator” on Monday following the largest stock market losses the U.S has seen in 2019.

China PBOC Views CBDC Race as "New Battlefied" Between Sovereign Nations

China PBOC Views CBDC Race as "New Battlefied" Between Sovereign Nations

China through its apex bank, the People’s Bank of China (PBOC) has reiterated its desire to be the first nation to issue a Central Bank Digital Currency (CBDC)

Singapore Consults China on Central Bank Digital Currency

Singapore Consults China on Central Bank Digital Currency

Singapore is considering a partnership with China as it works on developing a Central Bank Digital Currency dubbed Project Ubin

China Updates Smart City Infrastructure with Blockchain-Based City Identification System

China Updates Smart City Infrastructure with Blockchain-Based City Identification System

China Updates Smart City Infrastructure with Blockchain-Based City Identification System

Communist Party of China: Members Can Show Allegiance Through Blockchain

Communist Party of China: Members Can Show Allegiance Through Blockchain

The Communist Party of China is offering a new app, whereby members will be in a position to show their loyalty by noting down the reasons for joining. The answers will be stored on a perpetual distributed ledger.

Blockchain Increasingly Leveraged by China to Combat Coronavirus Outbreak

Blockchain Increasingly Leveraged by China to Combat Coronavirus Outbreak

In the midst of the coronavirus epidemic, there have been growing concerns about how the stalled industry of China may affect the growth of technology within the region.

Chainalysis Research: Crypto Assets Worth $50 Billion Exited China in 2019

Chainalysis Research: Crypto Assets Worth $50 Billion Exited China in 2019

Tether and cryptocurrency assets valued at nearly $50 billion left China in 2019 according to Chainalysis.

Huawei’s CEO Responds to Facebook: China Can Issue Its Own Libra

Huawei’s CEO Responds to Facebook: China Can Issue Its Own Libra

Ren Zhengfei, CEO of China’s Huawei believes that China can create their own digital currency in response to Facebook’s Libra.

Beware Of Impostors: China Has Not Issued or Released A Date For Its Digital Currency

Beware Of Impostors: China Has Not Issued or Released A Date For Its Digital Currency

Owing to this, a statement released by the People's Bank of China on October 13, warned the general public to beware of such fake platforms and organizations as they are not related to the Bank of China.

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