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Digital Yuan Giveaways Drive Adoption, Chinese Central Bank Claims

The Chinese central bank has proudly announced that its program of digital yuan giveaways is successfully acceleratin...

Chinese Firms Used Crypto Payments for Fentanyl Network, U.S. Claims

The U.S. Department of Justice took action against eight companies involved in the production, distribution, and sale...

Hong Kong could boost crypto activity in Asia: Chainalysis

In 2019, despite China's cryptocurrency ban, Hong Kong emerges as a potential catalyst for revitalizing digital asset...

Tencent joins CBDC interoperability pilot.

Tencent, the renowned Chinese company behind the popular WeChat and WeChat Pay platforms, enthusiastically announces ...

China plans to construct a large-scale AI chip factory in order to circumvent US sanctions.

These cutting-edge factories will house state-of-the-art lithography machines that are crucial for the production of ...

Mixin Network’s Cloud Service Provider Hacked, $200M Funds Affected

Mixin Network has recently announced that it encountered a security incident on September 23, where the database of i...

Chinese banks and firms advance in digital yuan smart contract development

Chinese banks and businesses are eager to enhance their utilization of digital yuan smart contracts, as the financial...

Chinese firms increasingly paying workers in digital yuan

An increasing number of Chinese companies are embracing the digital yuan to compensate their employees, as Beijing ai...

AI impact on voter sentiment through social media

Microsoft recently announced that it has discovered China-affiliated actors utilizing AI-generated media with compell...

Hong Kong expands digital yuan testing to more banks.

Exciting news! Hong Kong has progressed to the second phase of technical testing for China's digital yuan, further ex...

China considers ASEAN digital yuan move, potential breakthrough imminent?

China is excited to present its digital yuan to the ASEAN nations and is actively exploring opportunities for the wid...

Tencent launches ChatGPT competitor in China amidst ongoing US AI chip embargo.

Tencent's Hunyuan large language artificial intelligence model is now readily accessible for enterprise utilization i...

Chinese Court Declares Digital Assets as Property Despite Government’s Ban

A Chinese People's Court has affirmed that digital assets hold economic value and are legally recognized as property ...

US regulators deny blocking AI chip exports to Middle East.

Nvidia’s quarterly report highlighted the company's compliance efforts and engagement with U.S. regulators regarding ...

China court recognizes virtual assets as legally protected properties: Report

China implemented regulatory measures to restrict crypto-related activities and prohibit foreign crypto exchanges fro...

Binance’s Asia-Pacific Head leaves due to market share decline and regulatory pressures.

Leon Foong, who has successfully led Binance Asia-Pacific, is now transitioning to new opportunities, leaving a remar...

China’s JD and ICBC to launch digital yuan supply chain financing solution

Exciting news! Chinese firms and commercial banks are set to launch a groundbreaking digital yuan supply chain financ...

Evergrande’s collapse brings more crypto volatility.

Evergrande's ongoing bankruptcy saga has positive macroeconomic implications, particularly for the thriving global cr...

How does US consumer debt impact Bitcoin price?

Marcel Pechman enlightens us on the potential benefits of consumer debt for Bitcoin, highlighting the positive outcom...