Guangzhou buses to accept digital yuan payments
Guangzhou authorities gave public transit passengers the option to pay fares with the digital yuan (e-CNY). Local media report this.
Guangzhou buses to accept digital yuan payments
Guangzhou authorities gave public transit passengers the option to pay fares with the digital yuan (e-CNY). Local media report this.
Chinese tech giants share details of their algorithms with regulators
Chinese tech giants have shared details of their algorithms with regulators in the country.
China blocks 12,000 social-media accounts for cryptocurrency promotion
The Cyberspace Administration of China (CAC) announced the blocking of 12,000 social media accounts involved in promoting cryptocurrencies and attracting investors.
China’s Supreme Court Allows AI to Hand Down Verdicts
China deployed AI to 'improve' the justice system, including recommending verdicts, drafting documents, and warning of 'human errors' in decisions.
Chinese court rules salary paid in USDT illegal
In China, employers cannot pay employees salaries in stablecoins such as USDT. The Beijing Chaoyang District People’s Court issued the relevant ruling, according to Beijing Daily.
China develops AI to gauge loyalty of Communist Party members
Researchers in China have developed an artificial intelligence that "reads the minds" of Communist Party members and determines their loyalty.
Alibaba, Baidu and Tencent to require KYC for NFT buyers
Chinese tech giants Tencent, Baidu, JD.com, Ant Group and others have embraced a 'self-discipline initiative' to curb speculation in the NFT market.
Hackers claim data leak affecting 1 billion Chinese citizens; database valued at 10 BTC
Unknown hackers are offering for sale a database that allegedly contains information on one billion Chinese citizens, for 10 BTC (more than $190,000 at the time of writing).
Co-founder of Chinese blockchain platform calls Bitcoin a Ponzi scheme
Unregulated cryptocurrencies, including Bitcoin, are 'the largest Ponzi scheme in human history'. This view was expressed by Red Date Technology CEO and BSN co-founder He Yifan in his article for The People’s Daily.
WeChat to block accounts linked to promoting cryptocurrencies and selling NFTs
WeChat, the communications platform owned by the Chinese tech giant Tencent, has banned secondary NFT trading and said it would punish accounts involved in cryptocurrency trading, according to the South China Morning Post.We use cookies to improve the quality of our service.
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