China

With 7,600 Blockchain Patent Applications, Chinese Firms Far Outpace US

Measured by patent applications in the sector, China is handily outpacing other countries including the United States in blockchain technology.…

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China Digital Currency Launch ‘Definitely’ in 6-12 Months — Investor

China will “definitely” deploy its new digital currency within the next six months to a year, a local blockchain investor…

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Spotlight on Bitcoin as HSBC Shuts Hong Kong Protest-Linked Account

The need for censorship-resistant currencies like Bitcoin (BTC) has been thrown, yet again, into stark relief as HSBC shutters an…

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Chinese State Media Says Most ‘Blockchain’ Firms in China Are All Hype, No Code

Chinese news program Focus Report has said that there are around 32,000 companies in China that claim to use blockchain…

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China’s Zhejiang Processes $6M via DLT Medical Billing Platform

China’s Zhejiang province has processed nearly $6 million via a blockchain medical billing platform using Ant Financial’s blockchain technology, Chinese…

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George Bush’s Brother Got $300K for Meeting With OneCoin’s ‘Cryptoqueen’

Neil Bush is alleged to have received $300,000 to attend a meeting involving OneCoin co-founder and current fugitive Ruja Ignatova,…

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Opera-Backed Fintech OPay Seals $120M Investment to Grow Across Africa

Lagos-headquartered fintech Opay has sealed $120 million in a series B financing round from a host of high-profile Chinese investors.…

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China’s Army Considering a Blockchain Rewards System, Report

China’s military could implement a blockchain rewards system to manage personnel data and incentivize its workforce, the Global Times reported…

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What Powers China’s Crypto Mining Industry, and Is It Sustainable?

The cryptocurrency mining industry continues to grow daily, supported by a continuous stream of new and more efficient hardware. China…

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China Is Poised for Another Crypto Trading Crackdown as Speculation Returns

Financial regulators in China appear set to crack down on cryptocurrency trading again after President Xi Jinping’s praise for blockchain…

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