Technology
Damus mobile app banned in China
The Cyberspace Administration of China (CAC) claimed that the Damus app includes content that is illegal in China.
Christian Nwobodo 1 min read 
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Christian Nwobodo 1 min read 
Metaverse
China’s Suzhou city sets goal to become metaverse hub by 2025
Suzhou is aiming to launch 30 use cases by 2025 — primarily focusing on healthcare, tourism, city administration and education.
Adoption
Justin Sun says he is moving to Hong Kong, warns community about being ‘too US-centric’
Justin Sun said that the U.S. was not the only major player in the crypto industry, advising the community to focus on other countries.
More China Crypto News & Analysis
Price Watch
Conflux surges 60% following integration with China’s Little Red Book
The NFT integration will allow over 200 million Little Red Book users to mint their profile pictures on the Conflux blockchain.
Regulation
Hong Kong set to enforce crypto regulation from June
Hong Kong's Financial Secretary Paul Chan said that crypto regulation will follow similar framework as traditional finance.
Crime
Chinese criminal steals $4.1M in crypto from victim’s car
The attacker used the investor's facial ID to unlock his wallet and transferred the funds to his own address.
Mining
Poolin Bitcoin mining hash rate share falls by 94% from ATH
Poolin’s recent declines can be linked to its announcement of having liquidity problems, last September.
CBDCs
G7 economies move into development stage of CBDCs
G7 economies and over 20 additional countries are in development stages for CBDCs, according to the Atlantic Council.
Exchanges
Justin Sun denies that Huobi is planning layoffs
The TRON founder-turned-exchange advisor has denied rumors of mass staff cuts.
Latest China Crypto News Headlines
Adoption
China to launch its first regulated NFT marketplace, China Digital Asset Trading Platform, on January 1
Crime
Two suspects arrested in Hong Kong for AAX fraud
Exchanges
CZ discusses FUD, rumors, and more in latest Twitter Space
Regulation