China's proposed digital yuan should strike a balance between protecting privacy and regulatory enforcement, a central bank official said.
The People's Bank has said blockchain is a solution to trade finance asymmetries in the latest promotion of the tech in China.
After the crypto market crash last year, Chinese venture capital firms are taking another look at blockchain.
After sustained growth over the past three months, bitcoin's mining power has dropped with a seasonal falloff in hydropower output in China.
The world's largest cryptocurrency exchange by volume is establishing a new outpost in China's capital city.
Grave concerns about the evolution of blockchain technology from someone who lived in China and used bitcoin for its censorship-resistant value.
Chinese state-backed media are warning investors to remain rational amid a spike in interest in crypto companies.
Derivatives exchange FTX has launched an index of eight popular Chinese cryptocurrencies, as well as futures offering exposure to the basket.
China's central bank could be the first to issue its own national digital currency, a former official said, while contending that Libra was doomed.
Libra must abide by international foreign exchange regulations to not enable illegal transfers or “it should be banned,” a senior Chinese…