China pushes brokers to halt real world asset tokenization in Hong Kong
The China Securities Regulatory Commission (CSRC) told mainland brokerages to stop tokenizing real world assets in Hong Kong, as the market exceeded $24 billion. The...
China
China bans Nvidia chips and reshapes global AI competition
China’s ban on certain Nvidia chips has reshaped the dynamics of the international AI race. The measure restricts direct sales, boosts Beijing’s drive for technological...
China considers limiting its companies’ participation in Hong Kong stablecoins
Beijing is reportedly considering imposing restrictions on Chinese companies seeking to participate in stablecoin projects in Hong Kong. The potential measure would affect banks, state-owned...
Suspension of Stimulus in China Could Drive a Capital Reallocation Towards Crypto Sector
TL;DR China has suspended economic stimulus measures, affecting global financial markets, especially the crypto industry. QCP Capital anticipates a capital reallocation towards cryptocurrencies, considering that...
China Backs Hong Kong’s Plans to Be a Crypto Hub
On Monday, Hong Kong made a proposal for new regulations that would make it possible for retail investors to trade certain large-cap tokens on licensed...
China to Launch NFT Marketplace Next Month!
The debut of China’s first state-backed NFT marketplace is the latest indication of acceptance for a technology that has operated in a legal gray area amid...
Hangzhou Court of China Defends NFTs Using Country Laws
The Hangzhou Court of China has noted that NFT digital collections contain the qualities of value, uniqueness, controllability, and tradability, and hence should be protected under...
GPUs Prices Fall to the Lowest Level Ever in China After the Ethereum Merge
The Ethereum Merge switches the network’s protocol consensus from PoW to a more environmentally friendly PoS, which eliminates the need for enormous computing power for...
China’s Central Bank Urges More Use of the Digital Yuan
The People’s Bank of China (PBOC) has called for more efforts to enable connectivity between the digital yuan (e-CNY) system and traditional e-payment systems in...
Binance is not a Chinese Company says CZ
Changpeng Zhao (CZ), CEO of Binance, has retaliated against sceptics and conspiracy theorists who contend that Binance is a “criminal business” with a Chinese base...