China News

Insights on policy shifts, CBDC pilots, mining trends, and the broader impact on global crypto markets.

Stories 481 in this category

Coverage footprint 1.9% of all CryptoSlate stories

Ethereum to onboard 1.4B new users as Chinese AliPay megacorp launches own L2

Ant Group's Ethereum-based Jovay aims for 100k transactions per second, potentially transforming global finance infrastructure.

6 months ago

CBDCs

Bank of England’s vision for the digital pound differs from China’s model

The BoE proposes involving the use of retail banks and private payment providers as the "interface" for the digital pound.

4 years ago

Hacks

Hacker wants 10 Bitcoin in exchange for Chinese citizens’ stolen data

The hacker reportedly gained access to the Chinese Shanghai police database stealing over 26 terabytes of personal data.

4 years ago

CBDCs

China to gift citizens 90M digital yuan via lottery to restart economy

Shenzhen, Guangzhou, and Xiong'an New Area are reportedly gifting citizens roughly 90 million digital yuan in red packets to citizens in a bid to restart the economy following Covid-19.

4 years ago

NFTs

STEPN removes GPS in China amid regulatory concerns – price drops 40%

Move to earn pioneer has announced that they will stop providing services to users in China on July 15

4 years ago

Technology

China’s Blockchain Services Network promises most of the thrills at a fraction of the cost

China's state-sponsored Blockchain Services Network is due for international roll out this summer. But some express concerns that it could be a spyware tool.

4 years ago

Mining

China makes a comeback in the Bitcoin mining scene

CCAF claims a significant amount of underground mining activity leveraging off-grid electricity and scattered small-scale operations is responsible for the BTC mining resurgence in China.

4 years ago

CBDCs

PBoC: Digital yuan trial expands to 11 more cities

The digital yuan continues its expansion in China, adding 11 more cities and regions, totaling 23 cities, to the list of pilot test areas. Most notably, trials will begin in Guangzhou where the Asian Games will be held later this year.

4 years ago