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.
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.
China to launch a regulated NFT marketplace
China will launch a state-backed trading platform for non-fungible tokens (NFTs). CoinDesk reports, citing local media.
Media: ARM will not sell its latest chips in China
ARM will not sell Alibaba the Neoverse V chips due to export restrictions in the United States and Britain.
US Senators allege Binance has ties to the Chinese Communist Party
US Republican Senator Bill Hagerty said Binance has close ties with the Chinese government.
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