News China Cryptocurrencies: Eight Chinese govt agencies issue notice on preventing cryptocurrency risks, stressing related business activities illegal financial in China
China's central bank, and seven other government agencies on Friday jointly issued a notice on preventing cryptocurrency risks. The notice reiterated that cryptocurrencies do not have the legal status ...
News China Cryptocurrencies: China expands crypto crackdown to stablecoins, asset tokenization
The set of new rules reaffirm China’s hardline stance on crypto and impose restrictions on tokenized real-world assets and overseas issuance of yuan stablecoins.
News China Cryptocurrencies: China-Backed BSN to release infrastructure this month to support NFTs: Report
China-backed Blockchain Services Network will introduce infrastructure this month to support NFTs that have no link to cryptocurrencies, which are banned in China, the South China Morning Post ...
News China Cryptocurrencies: China to create own NFT industry based on state-backed blockchain infrastructure, main developer says
China’s state-backed Blockchain Services Network plans to roll out infrastructure to support the deployment of non-fungible tokens that are not linked to cryptocurrencies.