Blockchain

Tencent Dives Deeper Into Metaverse by Forming ‘Extended Reality’ Unit
Tencent Dives Deeper Into Metaverse by Forming ‘Extended Reality’ Unit June 22, 2022

Tencent, one of China’s leading metaverse campaigners has added a new dimension to its development and propagation of the emerging technology. In a recent development, the establishment announced to its staff an official formation of an “extended reality” (XR) u...

China Media Watchdog Differentiates Between Digital Collections and NFTs

South Korean Exchanges Drop Litecoin Over Mimblewimble Upgrade

China’s Fujian Province Bans Trading Platforms From Participating in NFT Transactions

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Bitcoin

Bitcoin Price in One of Worst Weeks Ever
Bitcoin Price in One of Worst Weeks Ever June 20, 2022 Olusegun Ogundeji

The past week has turned out to be one of the worst for Bitcoin as the price of the top cryptocurrency by market cap fell below $20,000 for the first time since 2020. The price, which dipped to as low as about $17,770 also broke a major record in the cryptocurrency'...

The Potential Impact of Increased Chinese CPI on Cryptocurrency

China’s Ministry of Public Security Identifies USDT as Most Common Tool Used by Fraud Groups

China Exit Still Hurts Huobi’s Market Share, CoinGecko Q1 Report Shows

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Regulation

Chinese Court Declares Virtual Currency-Based Sales Agreement Invalid
Chinese Court Declares Virtual Currency-Based Sales Agreement Invalid June 19, 2022

A court of competent jurisdiction in Shanghai China has declared that an agreement between two parties over the sale/purchase of a vehicle is invalid. The reason for this declaration revolves around the legitimacy of the medium of transaction involved in the agreeme...

Chinese Government Advised to Regulate Stablecoins in the Aftermath of LUNA Crash

China’s Supreme People’s Court Issues Opinion on Judicial Application of Blockchain

Joint Financial Association in China Launch Initiative to Regulate NFT

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