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Shenzhen issues warning on stablecoin scams, illegal crypto fundraising
7.7.2025
Authorities in Shenzhen, China, urged the public to be vigilant after uncovering illegal fundraising schemes masked as stablecoin investments
Shenzhen issues warning on stablecoin scams, illegal crypto fundraising
7.7.2025
Authorities in Shenzhen, China, urged the public to be vigilant after uncovering illegal fundraising schemes masked as stablecoin investments
Shenzhen issues warning on stablecoin scams, illegal crypto fundraising
7.7.2025
Authorities in Shenzhen, China, urged the public to be vigilant after uncovering illegal fundraising schemes masked as stablecoin investments
Shenzhen issues warning over stablecoin scams, illegal crypto fundraising
7.7.2025
Authorities in Shenzhen, China, urged the public to stay vigilant after uncovering illegal fundraising schemes masked as stablecoin investments
Chinese Marketing Company Aurora Mobile Plans to Adopt Crypto Treasury
25.6.2025
The Shenzhen, China-based company's board approved an initiative to convert up to 20% its cash and cash equivalents into bitcoin and other digital assets
Is China warming up to Bitcoin ETFs? BTC investor’s reply sparks curiosity
6.5.2024
The trade agreements between China and Hong Kong could allow mainland investors to access BTC ETF in Hong Kong
Car Buyers in China Now Can Pre-Pay with Digital Yuan Smart Contracts
20.2.2024
China’s Shenzhen has introduced a new era of automotive purchasing with digital yuan smart contracts, offering enhanced pre-payment security for car buyers in collaboration with Agricultural Bank of China.
The post Car Buyers in China Now Can Pre-Pay with Digital Yuan Smart Contracts appeared first...
Number of Chinese CBDC-related Criminal Cases on the Rise
11.1.2024
Source: blackday/Adobe China’s rapid CBDC progress is causing a rise in digital yuan-related criminal cases, including suspected fraud, identity theft, and phishing. Per the Shenzhen Securities Times, a Shanghai court this week convicted a group of criminals that exploited CBDC functions on an...
Chinese Newlyweds to Scoop Digital Yuan Giveaways
13.11.2023
Source: Jenny/Adobe Chinese newly married couples stand to receive up to $715 worth of digital yuan tokens, discount vouchers, and coupons for tying the knot. Per the People’s Daily and an explanatory post uploaded to Banibao, the incentive is the brainchild of Shenzhen’s Yantian District, which...
China Opens Digital Yuan Park in Shenzhen
14.10.2023
Shenzhen has become home to an industrial park established to promote China’s central bank digital currency (CBDC). Several financial companies are already settling there, the Chinese megacity announced while unveiling almost a dozen initiatives to boost the digital yuan use in the region. Shenzhen...
China opens industrial park for digital yuan CBDC development in Shenzhen
12.10.2023
The government is incentivizing new residents to come develop payment solutions, smart contracts, hard wallets and promotions for the digital yuan
China’s Shenzhen Launches Digital Yuan Industrial Park
12.10.2023
A group of Chinese firms will move into a CBDC-themed “digital yuan industrial park.”
Per the Shanghai Securities News and the Securities Times, the Southeastern city of Shenzhen held an “official launching ceremony” for its “first digital yuan industrial park” on the morning of October 11.
The...
Shenzhen, China, Prepares Fresh CBDC Giveaway
19.9.2023
Shenzhen, China, is readying a new digital yuan giveaway as the city looks to showcase the CBDC at a range of upcoming sporting events.
Per Shanghai Securities News, the city is set to hand out e-CNY tokens to some 50,000 citizens as part of its latest adoption drive.
The coins will...
Shenzhen, China: 36m Digital Yuan Wallets Opened So Far – CBDC Pilot Gathers Pace
18.7.2023
The Chinese city of Shenzhen says its residents have opened almost 36 million digital yuan wallets, as the nation’s central bank digital currency (CBDC) pilot breaks new ground.
Per the Shanghai Securities News and the China Securities Network News, the claims were made by the Shenzhen branch...
Pony.ai Introduces Driverless Robotaxi Service in Shenzhen, Following Successful Launch in Guangzhou
29.5.2023
Chinese autonomous vehicle startup Pony.ai has introduced its driverless robotaxi service in Shenzhen.
On Monday, the autonomous vehicle technology company revealed that it has received a permit in Shenzhen to conduct robotaxi services without an onboard safety officer in the city's core areas...
More than 2.6 million users signed up for the City of Shenzhen's digital yuan airdrop
14.7.2022
The city has about 18 million residents in its prefecture-level area
Chinese State-Run Media Warns About Bitcoin’s Price Falling to Zero as Regulators Issue Fresh Crypto Warning
25.6.2022
A Chinese state-run newspaper has published an article warning about bitcoin’s price falling to zero amid the crypto market sell-off. Meanwhile, financial regulators in Shenzhen have issued a new warning about cryptocurrency. State-Run Newspaper Warns About Bitcoin Becoming Worthless...
Crypto Biz: Helicopter CBDC money rains on Shenzhen, May 26—June 1
3.6.2022
China's advanced CBDC strategy sees digital yuan airdropped to thousands of people. Meanwhile, Binance Labs raised $500 million for a new Web3 fund
City of Shenzhen airdrops 30M in free digital Yuan to stimulate consumer spending
30.5.2022
The move comes as part of a government effort-led to revitalize consumer spending as a zero-COVID policy has devastated the countries' economic hubs
Digital Yuan Giveaway: Shenzhen Residents to Receive 15 Million Yuan in Digital Currency
29.4.2022
The Chinese government is giving away 15 million yuan in central bank digital currency (CBDC) to 130,000 residents of Shenzhen this Friday. The digital yuan can be used at nearly 5,000 stores with no minimum purchase required. Digital Yuan Pilot Continues China’s central bank,...