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Культовый журнал о биткоине, технологии блокчейн и цифровой экономике. forklog hub Площадка для общения криптосообщества. Соединяем компании и пользователей.

#China

PBOC helps authorities arrest suspects in USDT money laundering
ForkLog 10 23.10.2020

PBOC helps authorities arrest suspects in USDT money laundering

The People's Bank of China helped law enforcement identify suspects involved in organising illegal gambling. They used Tether (USDT) to launder money, The Block reports.
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95% of Shenzhen red-envelope lottery winners spent their digital yuan prize
ForkLog 12 19.10.2020

95% of Shenzhen red-envelope lottery winners spent their digital yuan prize

47,573 of 50,000 Shenzhen red-envelope lottery winners with 200 digital yuan (~$29.50) received and spent the prize. Cointelegraph, citing city authorities, reports this.
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Digital yuan to offer partial anonymity for transactions
ForkLog 12 19.10.2020

Digital yuan to offer partial anonymity for transactions

The digital yuan is being tested for limited transaction anonymity, where the merchant is not shown in the record, according to 8btc.
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Shenzhen gas stations start accepting the digital yuan
ForkLog 6 16.10.2020

Shenzhen gas stations start accepting the digital yuan

Eleven gas stations in Shenzhen have started accepting the digital yuan as part of a pilot project to use the payment system built on it (DCEP). Deсrypt reports, citing local media.
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People's Bank of China Urges Faster Roll-Out of Digital Yuan
ForkLog 7 15.10.2020

People’s Bank of China Urges Faster Roll-Out of Digital Yuan

China should accelerate efforts to roll out a sovereign digital currency, making it part of an independent financial infrastructure, said Chen Yulu, deputy governor of the People's Bank of China. South China Morning Post reports.
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Digital yuan airdrop drew nearly 2 million people
ForkLog 7 13.10.2020

Digital yuan airdrop drew nearly 2 million people

Authorities in Shenzhen carried out the first distribution of the digital yuan to the public. Applications for one of the 50,000 red envelopes were submitted by 1,913,847 people, according to AsiaOne.
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Experts Warn of Risks in the Spread of Facial-Recognition Systems in China
ForkLog 9 13.10.2020

Experts Warn of Risks in the Spread of Facial-Recognition Systems in China

The COVID-19 pandemic accelerated the deployment of facial-recognition systems in China. Many experts express concerns about their use due to the risks of data leaks, according to the South China Morning Post.
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Opinion: DCEP built on the digital yuan is just another payments app
ForkLog 13 12.10.2020

Opinion: DCEP built on the digital yuan is just another payments app

The Shenzhen authorities' distribution of 10 million digital yuan among 50,000 residents is nothing more than a change of payment channel. The public does not realise what lies ahead when monetary policy comes under even greater control of the Chinese central bank, according to Dovey Wan, managing partner at Primitive Ventures.
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China Announces First Public Distribution of Digital Yuan
ForkLog 9 09.10.2020

China Announces First Public Distribution of Digital Yuan

In October, China will run a lottery to distribute digital yuan gifts. Shenzhen authorities will randomly distribute 10 million digital yuan among 50,000 residents of Luohu District in the form of red envelopes.
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China tests digital yuan in $162m pilot transactions
ForkLog 10 06.10.2020

China tests digital yuan in $162m pilot transactions

The People’s Bank of China conducted tests of the national digital currency (CBDC) in pilot transactions totaling 1.1 billion yuan (~$162 million), according to the South China Morning Post.
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Colin Wu confirms arrest in China of Zhao Dong, major Bitfinex and Binance investor
ForkLog 10 29.09.2020

Colin Wu confirms arrest in China of Zhao Dong, major Bitfinex and Binance investor

Since June 24, Zhao Dong, founder of RenrenBit, a Chinese crypto company and a major investor in Bitfinex and Binance, has been arrested and is under investigation, according to journalist Colin Wu citing his own sources.
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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta
ForkLog 11 29.09.2020

Media reports: Babel Finance accused in China of ‘leverage play’ with clients’ funds

Anonymous whistleblowers posted on Twitter and YouTube audio recordings in which Babel Finance co-founder Del Wang allegedly admits that the company mismanages clients' funds. The management of the crypto-financial services provider denies the allegations.
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