china

Transactions in Chinese Digital Currency Exceed 100 Billion Yuan

The central bank stated that 360 million transactions were involved in the outlay. 5.6 million businesses across 15 provinces and

1 month ago 2 mins read

China Accounts For 84% of All Blockchain Patent Applications

President Xi Jinping has helped spread the word about blockchain technology. A timeline for when these patent applications were submitted

2 months ago 2 mins read

Chinese Court Rules Crypto as Virtual Property Protected by Law

Wenjie is entitled to the protections accorded to the owner of virtual property. In its ruling on cryptocurrencies, the court

2 months ago 2 mins read

China Cracks Down on Digital Media Piracy Including NFTs

The announcement states that the agency would begin ‘Jianwang 2022’ initiative. According to the NCAC, it is a priority to

3 months ago 2 mins read

China Cracks Down on Crypto-Related Activities on Internet

Cyberspace Administration has taken down more than 12,000 social media profiles. As a result of the interactions with 500 or

4 months ago 2 mins read

Tech Giant Tencent Reportedly Shutting Down ‘Huanhe’ NFT Platform

The platform’s commercial potential is reported to have been harmed by prohibitions. It was built by Tencent’s Platform and Content

4 months ago 2 mins read

Shanghai Proceeds for $1.5B Metaverse Fundings

China gets hit hard by different COVID variants.  Shanghai plans to invest largely into the metaverse, smart terminals, and energy

5 months ago 2 mins read

1 Billion Chinese Resident’s Data Being Sold For 10 Bitcoins by Hacker

According to current figures, the asking sum totals $202,806. Claims have been made that the Shanghai National Police database was

5 months ago 2 mins read

NFTs to Boom in China –  Tencent’s Tests NFT Avatars in Its QQ Music App

China’s multinational tech giant, Tencent is testing to bring in NFTs. A virtual room music zone is created with avatars

5 months ago 2 mins read

China’s Top Social Media Platform ‘WeChat’ Bans Crypto and NFT Accounts

WeChat may have neglected monitoring certain crypto activity after last year’s ban. It should be noted that NFTs may be

5 months ago 2 mins read