China | ForkLog

ForkLog 9 20.08.2021

Chinese commercial banks open access to the digital yuan for customers

Thirty-five Chinese banks have integrated digital wallets supporting e-CNY into their apps.

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ForkLog 18 19.08.2021

Chainalysis: US and China have lost leadership in cryptocurrency adoption

The 2020 Global Crypto Adoption Index rose by 880%, driven largely by residents of developing countries seeking to safeguard savings from currency devaluations.

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ForkLog 8 17.08.2021

PBOC continues pressure on crypto-related firms

The Shenzhen branch of the PBOC has begun auditing the activities of firms suspected of illicit operations with digital assets. The regulator 'took swift action to restore order and make adjustments' to the operations of 11 companies.

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ForkLog 20 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 15 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 8 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 7 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 10 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 9 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 12 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 14 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 12 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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