Search Results for "beijing"
Beijing Authorities Warns Institutions Not to Get Involved with Crypto
Beijing’s local authorities in China have issued a new risk warning on cryptocurrency trading activities. The Beijing Local Financial Supervision Administration, the Business Management Department of the People’s Bank of China, the Beijing Banking and Insurance Regulatory Bureau and the Beijing Securities Regulatory released further measures to ask firms not to engage in crypto businesses.
Huawei and Beijing Municipal Government Develop Blockchain-Based Data Directory System
Telecoms giant Huawei has joined hands with the Beijing Municipal Government to create a blockchain-powered directory system. It is aimed at addressing the headache of weak applications, scattered coordination, and data sharing in various departments.
Beijing's Chaoyang District to Invest RMB 100 Million Annually to Foster Web 3.0 Ecosystem
Starting this year, Beijing's Chaoyang District will invest at least RMB 100 million annually into the development and growth of the Web 3.0 industry ecosystem.
U.S. Should Examine Chinese Digital Yuan Rollout during Winter Olympics: Senator Toomey
Senator Pat Toomey, a senior member of the U.S. Senate Banking Committee, urges the Treasury and State Departments closely examine Beijing’s CBDC rollout during the Olympic Games.
Beijing Launches Two-Year Metaverse Development Plan
Beijing has announced plans to accelerate the development of metaverse within all its corresponding districts.
Beijing Releases Web 3.0 Innovation and Development White Paper (2023) at Zhongguancun Forum
On May 27, 2023, the Beijing Municipal Science and Technology Commission and the Zhongguancun Science and Technology Park Management Committee unveiled the "Beijing Web 3.0 Innovation and Development White Paper (2023)" at the parallel forum of the Zhongguancun Forum titled "Web 3.0: Future Development of the Internet Industry."
Chinese Media Criticizes OKEx for Illegal Advertisements as Bitcoin Surges Above $30K
On June 27th, the Chinese media outlet Beijing Business Daily published an article titled "Bitcoin's Soaring Market Triggers Illegal Speculation Activities, OKX Resorts to 'Indirect' Marketing."
China's Digital Yuan to be Made Available to Visitors During 2022 Beijing Winter Olympics
The People’s Bank of China (PBoC) has confirmed its plans to make its Digital Currency Electronic Payment (DCEP) available to foreign athletes and visitors at the 2022 Beijing Winter Olympics.
China Clarifies its Stance on Bitcoin: Legal if the Crypto Does Not Act as Alternative to Fiat
China has not always been friendly towards cryptocurrencies, however, the country has not completely banned Bitcoin, according to the Beijing Arbitration Commission.
First Chinese State-Backed Blockchain Firm "Tainted" the Nation's Image Due to the Export of Faulty COVID-19 Medical Supplies
Tus Data Asset, a blockchain firm based in Beijing, has been banned by the Chinese government from exporting medical supplies to other countries during the coronavirus pandemic.
China Promotes DeFi and Ethereum on CCTV, But Isn't Crypto Banned?
A segment on China's CCTV appeared to actively promote Etheruem and DeFi, but isn't Beijing anti-crypto?
China Issues New ‘Bejing Action Plan’ to Accelerate the Inclusion of Blockchain in the Economy
The Chinese government issued a new “Beijing Action Plan” aiming to accelerate the inclusion of new emerging technologies in the country’s economy. China aims to leverage new technologies including artificial intelligence (AI), 5G, industrial internet, blockchain, big data, and others to promote the steady growth of Beijing’s economy post-pandemic.