China’s new AI regulations begin to take effect
The Chinese has government loosened its original guidelines for AI it released in April and scheduled them to take effect starting on Aug. 15.
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China’s risky Bitcoin court decision, is Huobi in trouble or not? Asia Express
Man loses $10M after Chinese court rules Bitcoin lending is not protected by law, loads of Web3 founders get arrested, and Huobi rumors swirl.
China’s blockchain satellite in space, Hong Kong’s McNuggets Metaverse: Asia Express
China launches world’s first blockchain satellite into space, meanwhile, McDonalds Hong Kong brings McNuggets into the Metaverse.
China’s digital yuan nears $250B transaction volume: Central bank governor
While the adoption and use cases of China’s e-CNY are expanding, the digital yuan still only represents 0.16% of China’s monetary supply.
Hong Kong would not go crypto without China’s approval: Animoca exec
China looks at Web3 as a powerful tool to challenge the United States’ technological and economic hegemony, Animoca co-founder said.
China’s wave of ChatGPT rivals, Alibaba goes multichain: Asia Express
Huawei unveils latest in wave of Chinese ChatGPT rivals, Alibaba’s multichain bridge, Hong Kong crypto exchange regulations imminent.
China’s state-affiliated banks are on-boarding crypto companies in Hong Kong
Chinese banks are opening bank accounts for regulated crypto companies, with several acting as a payment layer for these crypto platforms.
Crypto Biz: A spotlight on Binance, Galaxy Digital swings to profit, China’s blockchain push
Binance handles fear, uncertainty and doubt (FUD) surrounding its business future following a lawsuit from U.S. authorities.
Community mocks Charlie Munger for his obsession with China’s Bitcoin ban
The online community has expressed bewilderment over how China’s crypto ban aligns with the United States’ proclaimed principles of freedom.
China’s digital yuan gets smart contract functionality alongside new use cases
China's central bank digital currency (CBDC) has seen new use cases in recent days, including buying securities and making offline payments.