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Chinese banks pilot digital yuan at Shanghai department stores
11.3.2021
The Bank of Communications and China Construction Bank conducted digital yuan trials at two major department stores in Shanghai
Beijing, Shanghai to Join Wider Testing of Digital Yuan in 2021
24.1.2021
The wider effort to promote the digital currency precedes a launch in the "near future," per a state media report
Shanghai Government Invests $5M in Blockchain Startup Conflux
12.1.2021
The Shanghai government has invested over $5M in public permissionless blockchain startup Conflux while putting the project in the list of 57 companies that focus on emerging technologies such as 5G and aerospace
China Launches Digital Yuan ‘Hard Wallet’ Card Pilot Program
10.1.2021
The People’s Bank of China (PBoC) have green lighted a physical card-wallet pilot to test its digital yuan. Coffee shop staff in a Shanghai-based university hospital was chosen as participants in the pilot. Wallet Card Can Pay or Accept e-CNY Without Wi-Fi or a Mobile Connection According...
China Pilots Phone-free Digital Yuan Wallet at Shanghai Hospital
6.1.2021
The Chinese central bank, the People’s Bank of China (PBoC) appears to have green-lighted a “hard wallet” smartphone-free pilot for its forthcoming digital yuan.
Per a Tencent news report, the pilot is being conducted in the staff cafeteria of the Shanghai Jiao Tong University School of Medicine’s...
Shanghai Stock Exchange Pauses Ant Group IPO Over Regulatory Concerns
3.11.2020
The Shanghai Stock Exchange has suspended Ant Group's A-share IPO on its Star Board due to significant changes in the regulatory environment
Russian Public Officials Must Now Declare Their Crypto Holdings as Income
23.10.2020
Public officials in Russia will now be required to declare all the crypto assets they hold as income. The measures are with effect from Jan. 1, 2021, local media reported. Russia’s prosecutor general Igor Krasnov declared: “Starting next year, civil servants will be required to declare...
Shenzhen Stock Exchange Could Follow Shanghai after Blockchain Move
1.10.2020
The Shenzhen Stock Exchange Square. The Shenzhen Stock Exchange has become the latest major exchange to indicate that it is ready to begin blockchain-powered trading – after “re-developing and building” a blockchain-based equity registration and custody platform for Beijing’s regional equities...
Shanghai Stock Exchange, Regulator to Begin Blockchain Trading Pilot
30.9.2020
Shanghai. Source: Adobe/安琦 王
The Shanghai Stock Exchange, one of the biggest exchanges in the country, will conduct a pilot for a new blockchain-powered trading platform in conjunction with the regulatory China Securities Regulatory Commission (CSRC).
According to Shanghai Securities News,...
Shanghai Issues Draft Blockchain Standards, National Effort to Follow
11.9.2020
Shanghai. Shanghai is set to issue China’s first local blockchain security standard ahead of national efforts to rollout countrywide blockchain protocols, per reports from the Middle Kingdom.
According to state-owned media outlet Xinhua, the Shanghai government’s Shanghai Information Security...
Shanghai Initiates Blockchain-powered 'Cultural Tourism'
3.9.2020
Shanghai’s busy central Jing’an District will make use of a WeChat platform to issue blockchain-powered “cultural tourism” vouchers that can be redeemed for book purchases, streaming services, cinema tickets and more.
Per China Email, the vouchers will be distributed on a WeChat widget platform...
Shanghai’s Jing'an District issues blockchain-based discount coupons
1.9.2020
Jing’an Culture and Tourism Bureau is issuing blockchain-based discount coupons using its WeChat mini-program
Jack Ma’s Ant Group files $30B IPO in Hong Kong and Shanghai
26.8.2020
China’s Ant Group is prepping for the largest IPO in history
Major Chinese Banks Bar Customers From Buying Gold, Precious Metals
1.8.2020
Major Chinese banks have taken measures to prevent customers from buying gold, platinum, palladium, and other precious metal-related products through them. The Shanghai Gold Exchange also says it may take necessary measures to curb gold trading to “protect investors.” Chinese Banks...
Open Banking & Banking Digital Transformation Congress Will Be Held in August in Shanghai
19.6.2020
Open Banking & Banking Digital Transformation Congress 2020 will be held on September 24-25, in Shanghai, with a focus on digital transformation and open ecosystem construction of large state-owned banks, joint-stock banks, urban commercial banks, and foreign bank, etc. The congress will mainly...
Chinese Chip Maker With a Hand in Crypto Mining Plans $2.8B IPO
2.6.2020
Hong Kong-listed SMIC plans to raise $2.8 billion via an initial public offering on the Shanghai Stock Exchange, in hopes of advancing its chip making practices. The company is working with Canaan Creative to build a new crypto miner
Shanghai PBoC Warns Chinese Public Against Blockchain Investment Schemes
12.5.2020
A social media account for the People’s Bank of China is warning citizens against illegal fundraising schemes that involve virtual currencies and blockchain
Chinese Court Rules Bitcoin Is Asset Protected by Law
9.5.2020
A court in Shanghai, China, has reportedly ruled that bitcoin is an asset protected by Chinese law in a case that has dragged on for years. The case involves a theft of two different cryptocurrencies, one being bitcoin, from an American. The defendants argued that bitcoin was not recognized under...
Shanghai Gas Collaborates With Vechain; Implements Blockchain-Based Energy Project
1.4.2020
Shanghai Gas Co., Ltd, collaborates with Vechain to bring further development in blockchain-based energy projects. The economically feasible nature of blockchain technology encouraged Shanghai to seize the opportunity for further investments. Besides cost-effectiveness, Shanghai Gas discovered...
Binance Academy Establishes Physical Presence in Shanghai
27.3.2020
Binance re-establishes itself in China, but only as a research institute