China

Crypto’s Fentanyl Trade Worth Tens of Millions: Security Researchers

Law enforcement around the world has long pointed to China as being a source of deadly fentanyl as well as the precursors used to manufacture it. New research from both Chaina...

By CoinDesk Staff

May 24, 2023 at 5:10 p.m. UTC

May 24, 2023

ChinaChainalysiscdtvEllipticHash clipFentanyl

Policy

Analysis

Black Market for Worldcoin Credentials Pops Up in China

The startup is looking to create a global blockchain-based identification system using iris scans.

By Eliza Gkritsi Lingling Xiang

May 24, 2023 at 3:23 p.m. UTC

May 24, 2023

AnalysisChinaworldcoinSocial Media

Finance

China

Layer 1 Blockchain Tenet Partners With Conflux and Qtum for More Exposure in China

The partnerships are aimed at increasing the liquid staking industry’s presence in Chinese markets.

By Sage D. Young

May 24, 2023 at 1:30 p.m. UTC

May 24, 2023

ChinaLiquid stakingAsian marketsConfluxQtum

Video

China

China's Top Prosecution Agency Says NFTs Have Crypto-Like Attributes

China's highest national agency responsible for legal prosecution has warned non-fungible token (NFT) digital collections share "the attributes of virtual assets," which are b...

By CoinDesk Staff

May 18, 2023 at 3:22 p.m. UTC

May 18, 2023

ChinacdtvNFTFM Clip

Policy

Regulations

China's Top Prosecution Agency Says Although Not Banned NFTs Have Crypto-Like Attributes

NFT collections, targeted in new published guidelines, have been gaining popularity in China since the country prohibited the trading of cryptocurrencies.

By Sandali Handagama

May 17, 2023 at 9:21 a.m. UTC

May 17, 2023

RegulationsChinaNFTsChina crypto ban

Finance

Bnp paribas

BNP Paribas Will Link Digital Yuan to Bank Accounts for Promoting CBDC Use: Report

BNP Paribas' corporate clients will be able to connect to China's e-CNY through a connection to the Bank of China's system

By Jamie Crawley

May 5, 2023 at 11:50 a.m. UTC

May 5, 2023

BNP ParibasDigital YuanCBDCChina

Markets

China

China's 'Credit Impulse' Is Picking Up. Here's Why It Matters to Bitcoin

Credit impulse, an indicator introduced by former Deutsche Bank economist Michael Biggs, measures the change in new credit issued as a percentage of the gross domestic product...

By Omkar Godbole

Apr 12, 2023 at 9:08 a.m. UTC

Apr 12, 2023

ChinaBitcoinMarketsTradingCredit

Markets

China

China’s Douyin App Takes Down Bitcoin Price Ticker Hours After It Went Live

Bitcoin prices showing up on Douyin seemed to be an indication that Beijing maybe warming up to crypto. However, the ticker being taken down immediately afterwards suggests ot...

By Lingling Xiang

Apr 11, 2023 at 6:15 a.m. UTC

Apr 11, 2023

ChinaBitcoinApplications

Policy

Sam bankman-fried

Sam Bankman-Fried to Plead Not Guilty to Bribery, Campaign-Finance Charges: Reuters

The FTX founder previously pleaded not guilty to eight charges of fraud and conspiracy and is awaiting trial in October.

By Jamie Crawley

Mar 30, 2023 at 11:13 a.m. UTC

Mar 30, 2023

Sam Bankman-FriedFTXPolitical DonationsChina

Video

China

Binance Concealed Extensive Links to China for Years: Financial Times

According to the Financial Times, Binance hid the company's presence in China for several years, contrary to claims made by its executives that the crypto exchange left the co...

By CoinDesk Inc

Mar 29, 2023 at 4:52 p.m. UTC

Mar 29, 2023

ChinaBinancecdtvHash clipFinancial Times