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china

Markets Daily Podcast Cover
Weekend Story: Tornado Cash Ban Will Aid China’s AI Goals
On today’s show, Michael J. Casey, CoinDesk's chief content officer, takes a look at the unintended consequences of cracking down on crypto privacy.
Markets Daily Podcast Cover

CDCROP: Chinese yuan money (Shutterstock)
China to Extend CBDC Trial to Most Populous Province, Guangdong, Three Others: Report
The People's Bank of China plans to extend the trial of its e-CNY digital currency to Jiangsu, Hebei and Sichuan as well as Guangdong.
CDCROP: Chinese yuan money (Shutterstock)

Money Reimagined Image - September 16, 2022
Tornado Cash Ban Will Aid China’s AI Goals
The U.S. government forcing blockchains to make transaction data public has dangerous geopolitical implications in the tech race against China.
Money Reimagined Image - September 16, 2022

shanghai
JPMorgan: China’s Metaverse-Related Economy Could Reach $4T
The metaverse could triple China’s online-gaming market alone to $131 billion, the bank said.
shanghai

‘First Supper’ exhibited through a projector at the 'Virtual Niche" exhibit in Beijing in April 2021. The artwork is composed of 22 pieces, each individually encoded as a NFT. (Image credit: TechNode/Eliza Gkritsi)
A Peculiar Flavor of NFTs Is Thriving in China – One Regulators Can Abide
Unlike most non-fungible tokens, China’s “digital collectibles” are built on closed networks and designed to appease regulators who frown on trading and speculation.
‘First Supper’ exhibited through a projector at the 'Virtual Niche" exhibit in Beijing in April 2021. The artwork is composed of 22 pieces, each individually encoded as a NFT. (Image credit: TechNode/Eliza Gkritsi)

Singapore's Skyline (Swapnil Bapat/Unsplash)
Filecoin Miner RRMine Global Leaves China for Singapore
China banned crypto trading and mining last year.
Singapore's Skyline (Swapnil Bapat/Unsplash)

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China’s State-Backed Open-Source Blockchain Enlists Hong Kong's HSBC, Emperor Group
The project is encouraging the use of blockchain technology without the use of cryptocurrencies.
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Mining rigs in Plattsburgh, NY. (Fran Velasquez/CoinDesk)
Bitcoin Mining Rig Maker Canaan Sees 'Prolonged Headwinds' After Challenging Quarter
CEO Nangeng Zhang cited a slumping bitcoin price and COVID-19 lockdowns in China.
Mining rigs in Plattsburgh, NY. (Fran Velasquez/CoinDesk)

Tencent
Tencent Halts NFT Sales on Its Huanhe Platform Amid Regulatory Scrutiny: Report
Users will still be able to hold, display or request a refund for their digital tokens.
Tencent

CDCROP: New Delhi, India
India Regulator Probes at Least 10 Crypto Exchanges on Money Laundering Allegations: Report
The Enforcement Directorate believes approximately 1000 crore rupees ($130 million) could have been laundered in the case.
CDCROP: New Delhi, India