Bloomberg flags Beijing’s backing of Hong Kong’s crypto ambitions.
The Chinese government is quietly backing Hong Kong authorities in their bid to turn the region into a cryptocurrency hub, Bloomberg reports.
Bloomberg flags Beijing’s backing of Hong Kong’s crypto ambitions.
The Chinese government is quietly backing Hong Kong authorities in their bid to turn the region into a cryptocurrency hub, Bloomberg reports.
Beijing backs Chinese chatbot developers
Beijing's Municipal Bureau of Economy and Information Technology will support enterprises in creating large AI models comparable to ChatGPT.
Media report the opening of a blockchain-technology centre in Beijing
The Chinese government will establish a National Innovation Centre for Blockchain Technology to explore its possibilities and broader integration. The report is by the South China Morning Post.
China allocates millions to promote CBDC
Authorities in several Chinese cities distributed 180 million e-CNY (~$26.5 million) as subsidies and coupons to spur CBDC use by the population for the Chinese New Year, the Global Times reports.
Economist urges China to review its total ban on Bitcoin
A former member of the People's Bank of China's Monetary Policy Committee urged authorities to consider the long-term consequences of banning cryptocurrencies.
China Named the World’s Largest Supplier of Facial-Recognition Systems
Researchers from Harvard and MIT recognised China as the world’s leading exporter of facial-recognition systems. The United States ranked second.
MarsBit, a Chinese publication, eyes CoinDesk acquisition
Founder of the Chinese cryptocurrency publication MarsBit, Van Feng, said he is willing to cooperate with other companies to acquire CoinDesk.
FBI chief expresses concern over China’s AI program
FBI Director Christopher Wray said he was 'deeply concerned' about the Chinese government's AI program.
China first uses CBDC in stock-market settlements
Soochow Securities has integrated in its mobile app the ability to pay in e-CNY. This is the first in-country example of CBDC use in the stock market, according to China Securities Journal.
Media: Hikvision aided Chinese police in tracking protesters.
Chinese police can deploy 'alarm signals' for various protest actions, using Hikvision's software platform.We use cookies to improve the quality of our service.
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