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

#China

People's Bank of China Urges Faster Roll-Out of Digital Yuan
ForkLog 4 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 5 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.
AI translated
Experts Warn of Risks in the Spread of Facial-Recognition Systems in China
ForkLog 8 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 10 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.
AI translated
China Announces First Public Distribution of Digital Yuan
ForkLog 8 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.
AI translated
China tests digital yuan in $162m pilot transactions
ForkLog 9 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.
AI translated
uskoryayushhei-sya-fragmentatsii-mirovogo-interneta
ForkLog 9 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.
AI translated
Chinese state media dub cryptocurrencies the best-performing asset of the year
ForkLog 7 25.09.2020

Chinese state media dub cryptocurrencies the best-performing asset of the year

Several government-aligned media outlets in China published upbeat reports about cryptocurrencies. The attention to the unusual agenda was drawn by Dovey Wan, managing partner of Primitive Ventures.
AI translated
PBoC draws up blacklist of OTC cryptocurrency traders
ForkLog 8 23.09.2020

PBoC draws up blacklist of OTC cryptocurrency traders

The People's Bank of China has drawn up a blacklist of accounts belonging to major traders on local cryptocurrency OTC platforms. Those named will be barred from online banking for five years, according to DeCrypt, citing local media.
AI translated
China plans to challenge dollar dominance with a CBDC
ForkLog 8 21.09.2020

China plans to challenge dollar dominance with a CBDC

The People's Bank of China intends to outpace other countries and be the first to issue its digital currency (CBDC). Reuters reports, citing the regulator's comments.
AI translated
U.S. charges five Chinese nationals in cyberattacks against hundreds of companies and crypto-jacking
ForkLog 5 18.09.2020

U.S. charges five Chinese nationals in cyberattacks against hundreds of companies and crypto-jacking

U.S. authorities charged five Chinese nationals with involvement in a fraudulent scheme whose victims numbered more than 100 companies worldwide. In addition to data theft, the hackers also infected victims' computers with ransomware and engaged in crypto-jacking, according to U.S. Department of Justice documents.
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