David Pan

David Pan was a news reporter at CoinDesk. He previously worked at Fund Intelligence, and interned at the Money Desk of USA Today and the Wall Street Journal. He does not hold investments in cryptocurrency.

David Pan

Latest from David Pan


Policy

Goldman Sachs Expects Digital Yuan to Reach 1B Users Within 10 Years

Goldman Sachs predicts China’s digital yuan will attract 1 billion users within a decade, helping China’s commercial banks compete with fintech companies.

The yuan, China's national currency.

Policy

How Ant’s Suspended IPO Is Related to China’s Digital Yuan

Ant’s suspended IPO exposes potential financial risks posed by the fintech giant’s digital payment platform Alipay. The digital yuan may be China’s attempt at a solution.

Alipay's logo

Policy

Shanghai, Hong Kong Stock Exchanges Pause Ant Group IPO Over Regulatory Concerns

Ant Group's IPO has been suspended on both the Shanghai and Hong Kong stock exchanges due to significant changes in China's regulatory environment for fintech firms.

Ant Group and Alibaba founder Jack Ma

Policy

Huobi Denies Rumors a Senior Executive Was Arrested

Huobi said Monday the rumors alleging one of its senior executives had been arrested were false.

shutterstock_1234624711

Policy

China Should Take Part in Creating Global Regulatory Framework for Digital Currency, Xi Says

China's president said the nation should proactively participate in setting the international framework.

Chinese President Xi Jinping

Markets

China’s Coronavirus Outbreak Prompts Blockchain Adoption for Charity

China’s banking and digital payment giants are using blockchain technology to add transparency to charity organizations' donation distribution networks.

AliPay parent Alibaba is one of several Chinese finance and tech firms looking to blockchain tools to verify that coronavirus charity donations are going where they should be.

Policy

Proposed Chinese Law Outlaws All Yuan-Pegged Tokens – Except for Its CBDC

The new version will essentially also clear the way for the digital yuan to be the one and only official yuan-pegged token in mainland China.

China Flag

Policy

FIL Miners Force Filecoin to Speed Up Token Rewards Following Mainnet Launch

Some of the largest Filecoin miners stopped mining on Saturday, complaining the project’s mining incentive scheme has made it impossible for the miners to start operations.

Juan Benet, Filecoin founder

Policy

OKEx Denies Investigation of Founder Star Xu Is Related to Money Laundering

OKEx has denied the ongoing investigation of its founder is related to an anti-money laundering investigation.

OKEx logo

Markets

First Mover: OKEx Private Key Snafu Sends Bitcoin Lower as China DeFi Rises

OKEx withdrawal suspension sends bitcoin lower, China becomes hotbed of DeFi development, Filecoin first-day trading leaves market cap above $800M.

The OKEx exchange had to suspend withdrawals because a founder who held a crucial private key was reportedly detained.