A Chinese city intends to pay its public servants in digital yuan
Beginning in May 2023, Changshu city officials will be paid their entire salary in digital yuan.
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Latest firstCrypto mining firm Bitmain faces $3.7 Mln in fines for alleged tax violations in China
Reportedly, the tax authority had fined Bitmain about 25 million Chinese yuan ($3.7 million). As per local media reports, a notice regarding the tax violation was sent to Bitmain in August 2022
FTX CEO Sam Bankman-Fried Charged with Bribery of Chinese Official
Sam Bankman-Fried has been accused of paying Chinese authorities $40 million in cryptocurrency.
Binance employees allegedly helped users in China bypass crypto ban
Reportedly, the insiders shared techniques that can be used to evade Binance’s KYC, residency, as well as verification systems.
Hong Kong’s crypto integration efforts gets backing from China, report
Representatives from the China Liaison Office have been frequenting Hong Kong crypto gatherings to get a grasp of what's going on.
China Telecom and Conflux to launch blockchain SIM cards
Conflux Network and China Telecom to Introduce Blockchain SIM Cards for Web3 Access
China establishes a blockchain research centre in Beijing
China is launching a blockchain research facility in Beijing as it looks towards fully incorporating the blockchain benefits into daily life.
China bans Jack Dorsey-backed Damus social media
China has now outlawed Damus, a recently founded decentralised social networking platform
Chinese Government To reconsider the crypto ban
Former PBoC Monetary Policy Committee member Huang Yiping recently expressed his fears about the prospects of technology in China in light of the country's crypto ban
China to launch its first regulated platform for NFTs in 2023 : Report
Apart from NFT's, the platform will also facilitate trading copyrights related to digital assets.