Stay updated on China's regulatory approach to blockchain and cryptocurrencies as well as the world's most advanced CBDC experiment - digital renminbi (e-CNY).
China
Stay updated on China's regulatory approach to blockchain and cryptocurrencies as well as the world's most advanced CBDC experiment - digital renminbi (e-CNY).
A Chinese court has found that NFTs share the same characteristics of property, such as value, scarcity, disposability, and tradability. Hence NFTs should have the same protections as physical property under Chinese law.
China expands the e-CNY trials across four more provinces: Sichuan, Guangdong, Jiangsu, and Hebei. One of the first CBDCs in the world, China’s e-CNY is also showing great adoption rates.
Hong Kong’s recent proposals for a crypto-friendly licensing regime in the region have seen Chinese state banks offering their services to the city’s crypto companies, despite a blanket ban on the mainland.
Hong Kong’s recent proposals for a crypto-friendly licensing regime in the region have seen Chinese state banks offering their services to the city’s crypto companies, despite a blanket ban on the mainland.
A Chinese court has found that NFTs share the same characteristics of property, such as value, scarcity, disposability, and tradability. Hence NFTs should have the same protections as physical property under Chinese law.
China expands the e-CNY trials across four more provinces: Sichuan, Guangdong, Jiangsu, and Hebei. One of the first CBDCs in the world, China’s e-CNY is also showing great adoption rates.
Hong Kong will abandon the previously proposed limiting of crypto trading to professional investors and will now consider allowing individuals to operate in crypto exchanges. These steps should help achieve the goal of becoming an international crypto hub.
I recently came across a funny video about living in a social credit system, and decided to check up on China — the country where the dystopian “Black Mirror” reality is about to come true.
