e-CNY transaction volume tops $14 billion
By the end of summer 2022, the cumulative volume of e-CNY transactions reached 100.04 billion yuan (about $14 billion), according to the People's Bank of China.
e-CNY transaction volume tops $14 billion
By the end of summer 2022, the cumulative volume of e-CNY transactions reached 100.04 billion yuan (about $14 billion), according to the People's Bank of China.
Video shows armed robotic dog deployed by drone in China
A video surfaced online showing a Chinese drone transporting a four-legged robodog equipped with a mount to carry weapons.
US imposes restrictions on AI-chip shipments to China
The Biden administration published a package of export-control measures aimed at banning shipments of advanced American chips to China.
US to tighten AI-chip export controls to China, reports say
The Biden administration plans to unveil a new set of restrictions aimed at blocking China's access to AI chips.
Beijing requires long-distance bus drivers to wear mood-tracking bracelets
Beijing authorities have ordered long-distance bus drivers to wear electronic bracelets with emotion-recognition technology to monitor their mental state.
GPU prices in China fall sharply after The Merge
In China, GPU prices—often used for Ethereum mining—fell sharply after the second-largest cryptocurrency switched to the Proof-of-Stake consensus algorithm, according to the South China Morning Post.
In China, 93 suspects detained over $5.5 billion cryptocurrency money-laundering case
The Hengyang District Public Security Bureau uncovered the case of the criminal group '9.15' involved in laundering money through cryptocurrencies.
US officials call for launching a CBDC to compete with China
China's push on the digital yuan could harm the US economy and undermine the dollar's status as the world's reserve currency, according to participants at a House Financial Services Committee hearing.
China expands digital yuan testing to four provinces
The Chinese provinces Sichuan, Hebei, Jiangsu and Guangdong will begin testing the digital yuan (e-CNY). The South China Morning Post, citing deputy governor Fan Yifei, reports.
Chinese image generator subjected to political censorship
The Baidu ERNIE-ViLG text-to-image algorithm barred content that falls under political censorship in China.We use cookies to improve the quality of our service.
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