Distinguishing wife from cat: how Chinese AI began
Chapter from journalist Jeffrey Kane's book “The State of the Strict Regime” about how China developed its first AI systems for citizen surveillance.
Distinguishing wife from cat: how Chinese AI began
Chapter from journalist Jeffrey Kane's book “The State of the Strict Regime” about how China developed its first AI systems for citizen surveillance.
Chinese citizen jailed for nine months over USDT purchase
A Chinese citizen was sentenced to nine months in prison for purchasing USDT worth 94,988 yuan (just over $13,000).
Chinese company accused of orchestrating a Filecoin mining pyramid scheme
The Chinese prosecutor's office accused the Shenzhen Shikongyun mining company, which mines Filecoin (FIL), and its four executives of creating a pyramid scheme, through which they earned 606.9 million yuan (~$83.3 million).
Hong Kong proposes linking local crypto exchanges with mainland China
Hong Kong legislator Johnny Ng Kit-chong proposed examining the idea of linking licensed digital-asset platforms to Shanghai's exchanges.
WSJ: Chinese market accounted for 20% of Binance’s trading volume
WSJ: Chinese traders' trading volume on Binance in May 2023 reached $90 billion, accounting for one-fifth of the exchange's total turnover.
Animoca sees China’s influence on Hong Kong’s crypto-industry decisions
The rapid adoption of cryptocurrencies and Web3 in Hong Kong is a sign of some 'big steps' emanating from mainland China.
Chinese bank begins testing offline payments for the digital yuan
One of China's largest state-owned banks, Bank of China, is testing a new offline method for paying with the digital yuan (e-CNY) linked to SIM cards.
Circle CEO doubts China’s embrace of cryptocurrencies
Circle CEO Jeremy Allaire, who runs the USDC issuer, harbours no illusions about the emergence of a crypto market in China, but is optimistic about Hong Kong.
Senator urges DOJ and SEC to probe Prometheum, the crypto broker
American Republican Senator Tom Tuberville urged the Department of Justice and the SEC to study Prometheum’s activities — a broker in the digital-asset space.
Jinan Adopts Digital Yuan for Transit Fares
Authorities in the Chinese city of Jinan implemented digital yuan fare payments on all bus routes and launched a CBDC incentive program.We use cookies to improve the quality of our service.
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