China | ForkLog

ForkLog 14 12.08.2021

Chinese authorities say regulatory pressure on tech firms will continue

China will continue to apply regulatory pressure on technology companies and organisations active in the digital economy. The Central Committee of the Communist Party of China and the State Council of the PRC presented a five-year plan aimed at tightening control in the areas of national security and technological innovation.

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ForkLog 11 11.08.2021

Hacker who stole $611 million from Poly Network begins returning funds

On August 11, an unknown attacker who had hacked Poly Network the day before said he intended to return the $611 million stolen in the attack.

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ForkLog 7 09.08.2021

Chainalysis: illicit crypto activity in China falls sharply

From April 2019 to June 2021, Chinese cryptocurrency wallets sent digital assets worth more than $2.2 billion to addresses linked to illicit activity.

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ForkLog 6 04.08.2021

Beijing authorities have fully integrated the digital yuan into the payment ecosystem as CBDC testing is enhanced.

Beijing authorities have fully integrated the digital yuan into the payment ecosystem as part of improvements to CBDC testing.

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ForkLog 7 02.08.2021

PBoC signals continued pressure on crypto trading

The PBoC will continue to apply regulatory pressure on the cryptocurrency trading sector, according to the published conclusions of the central bank’s working conference on the results of the first half of 2021 and the tasks for the second half of 2021.

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ForkLog 8 28.07.2021

US lawmakers warn of lag behind China in CBDC development

Members of the U.S. House committee on National Security, International Development and Monetary Policy expressed concern about China's leadership in developing a national digital currency (CBDC). The Block reports.

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ForkLog 11 27.07.2021

Justin Sun reveals involvement in a research project at the Communist Party of China

Tron founder Justin Sun announced on Chinese social media a move from business to academia. He said he would participate in a research project at the Central Party School, which trains cadres for the Communist Party of China.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 11 27.07.2021

Huobi withdraws Beijing branch as Bitmain announces sale of Antpool

The cryptocurrency exchange Huobi announced the liquidation of its Beijing legal entity, created in 2013 to manage the platform. The information about this has been published in the National Enterprise Register.

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ForkLog 9 26.07.2021

Bobby Lee weighs the odds of a Bitcoin ban in China

Beijing is not interested in developing the crypto industry, and the recent mining ban in China is aimed at keeping citizens from high-risk investments in digital assets. This view was expressed in a Bloomberg commentary by Bobby Lee, cofounder and former head of the BTCC cryptocurrency exchange.

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ForkLog 18 25.07.2021

Bloomberg Strategist: Bitcoin More Likely to Return to $60,000 Than Fall to $20,000

Bloomberg Intelligence’s senior commodity strategist Mike McGlone says Bitcoin is more likely to return to the $60,000 level than to fall to $20,000.

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ForkLog 7 21.07.2021

China calls US bid to ban athletes from using the digital yuan unfounded

Chinese Foreign Ministry spokesman Zhao Lijian criticized American politicians for attempting to ban US athletes from using the digital yuan at the Beijing Olympics.

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ForkLog 5 20.07.2021

Senators urge banning US athletes from using the digital yuan

The United States Olympic and Paralympic Committee should ban athletes from using the digital yuan (DCEP) during the Winter Olympics in Beijing. This was stated by Republican Senators Marsha Blackburn, Cynthia Lummis, and Roger Wicker.

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