China Archives - FortuneZ

Beijing Named China’s Top Blockchain City

September 11, 2020

Beijing named China's top blockchain city. Beijing has been named in the Chinese Blockchain Innovation Rankings 2020 as China's top blockchain city ahead of Shenzhen 's blockchain centre. The rankings were r...

China’s Digital Yuan Tests Allegedly Limited To Small Retail Transactions

August 24, 2020

China's digital yuan tests allegedly limited to small retail transactions. The People's Bank of China (PBoC) has announced that their central bank's digital currency test run is only limited to small retail t...

China Seeks Help Of Public To Build Gambling Harm Awareness

August 19, 2020

China seeks help of public to build gambling harm awareness. China 's latest anti-online gambling campaign is seeking public assistance in raising awareness of gambling-related harms while continuing to infli...

Chinese Bitcoin Miners Develop Strong Ties And Crypto Mining Facilities In Iran

August 15, 2020

Chinese Bitcoin miners develop strong ties and crypto mining facilities in Iran. Lubian.com, a Chinese mining company , recently told financial columnist Vincent He that the firm runs one of Iran 's largest c...

China To Catapult Massive Expansion Of Digital Currency Trials

August 14, 2020

China to catapult massive expansion of digital currency trials. Earlier today, the country's trade ministry said that the digital currency – dubbed DC / EP, for digital currency / electric payment – will be t...

China Cracks Down on Illegal FX Trading, Arrests 150 People

July 27, 2020

The Shanghai police have made more than 150 arrests from 4 illegal foreign exchange (forex) margin trading groups operating across 12 Chinese provinces and cities. As reported by the local news agency CCTV.c...

China’s Supreme Court Calls For Better Digital Currency Protection

July 22, 2020

China's Supreme Court calls for better digital currency protection. A new guideline published from the supreme court on Wednesday, specifies that the legal system should enhance protections over new types of ...

China’s Blockchain Infrastructure To Hit Global Reach With Six Public Chains

July 21, 2020

China's blockchain infrastructure to hit global reach with six public chains. On August 10, a blockchain platform funded by the Chinese government will open its services to developers of decentralized (dapp) ...

Chinese Authorities Seize $15 Million In Cryptocurrencies, Arrest 10 Scammers

July 12, 2020

Chinese authorities seize $15 million in cryptocurrencies, arrest 10 scammers. Police in the Chinese city of Wenzhou, Zhejiang province, have cracked a criminal case and confiscated millions of dollars in cry...

China’s Uber DiDi To Test PBOC’s Central Bank Digital Currency

July 8, 2020

China's Uber, Didi to test PBOC's central bank digital currency. Uber 's Chinese equivalent, DiDi, is forming a task force on its transportation platform to design and implement a trial of China's central ban...