China Archives - Page 5 of 15

Starbucks And McDonalds Allegedly Not Participating In China’s Digital Yuan Testing

October 14, 2020

Starbucks and McDonalds allegedly not participating in China's digital yuan testing. China's central bank digital currency, or CBDC, is still being piloted on a "small scale," mainly involving the retail and ...

China To Criminalise The Luring Of Its Overseas Gamblers

October 14, 2020

China to criminalise the luring of its overseas gamblers. According to state-run media outlet China News Service, the country’s Standing Committee of the National People’s Congress conducted a second reading ...

Chinese Government To Develop Horseracing Industry

October 13, 2020

Chinese government to develop horseracing industry. The Chinese Ministry of Agriculture and Rural Affairs with the General Administration of Sports (GAD) has unveiled a five-year plan to develop equestrian sp...

China’s NPC Eyeing Amendment To Criminal Law Creating New Crime For Foreign Casinos Targeting Chinese Players

October 13, 2020

A new crime centered around organizing and soliciting by foreign casinos forms one of a number of proposed amendments to China’s criminal law to be reviewed by the Standing Committee of China’s National Peopl...

Chinese Central Bank To Give Away 10 Million Digital Currency

October 10, 2020

Chinese central bank to give away 10 million digital currency. In what some see as the country's first public test of the digital yuan payment system, China's central bank is going to issue 10 million yuan ($...

China-Based Notaries Use Blockchain To Manage Client’s Cases

October 6, 2020

China-based notaries use blockchain to manage client's cases. After its launch in January, 40 companies have used Shanghai's blockchain-powered notary platform to handle over 3,000 cases. The "Hui Cun" platf...

China State Lotteries Show Second Straight Month Of Gains

October 4, 2020

China has reported a 2% year-on-year increase in lottery sales to CNY34.78 billion (US$5.12 billion) in August, the second straight month of annual increases according to data published by the Ministry of Fin...

Macau To Consider Extending Validity Of COVID-19 Test For Tourists To 14 Days As Visitor Numbers Stay low

October 2, 2020

The Chief Executive of Macau, Ho Iat Seng, says he hopes daily visitation during Golden Week can push above 20,000 – admitting genuine recovery from the impact of COVID-19 will take time. Outlining some furt...

China’s Largest Blockchain Initiative Adopts DAML as Smart Contract Language

September 14, 2020

China’s largest blockchain infrastructure initiative, also known as the Blockchain Services Network (BSN), has announced its choice of a unified smart contract programming language, dubbed ‘Digital Asset Mode...

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...