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Tag: China

China plans to create its own NFT industry based on state-backed blockchain infrastructure

China plans to create its own NFT industry based on state-backed blockchain infrastructure

China’s Blockchain Services Network plan to roll out infrastructure by the end of this month to support the deployment of NFTs

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Chinese authorities reveal shortlisted national blockchain-based pilot units

Chinese authorities reveal shortlisted national blockchain-based pilot units

The pilot units are expected to undertake innovative trials in various sectors like local governments, companies, universities, departments of justice and health commissions

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China still accounts for 20% of Bitcoin hashrate, says sources

China still accounts for 20% of Bitcoin hashrate, says sources

Crypto mining has survived in China, in part, because a lot of miners weren’t sure whether Beijing was actually serious about the ban

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China catches fraudsters using CBDC for money laundering

China catches fraudsters using CBDC for money laundering

In China, fraudsters use similar methods to what they’d try for a debit or credit card scam but adapted for the digital yuan

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