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China
BTC China Co-founder Bobby Lee on China Crypto News, Impact of Three-Child Policy
Ballet CEO and former BTCC founder Bobby Lee discusses the state of crypto affairs in China and responds to the country’s newly issued three-child policy in an effort to maintain economic growth. Plus, his thoughts on Mt. Got victims beginning voting on reimbursement proposals and on central bank digital currencies (CBDCs).

China to Hold Beijing Lottery for CBDC Trial
The lottery will award 200,000 winners about $31 in digital yuan.

Chinese Brokerages Look Overseas to Offer Crypto Trading: Report
Brokerage platforms Tiger Brokers and Futu said they will offer crypto trading specifically to customers outside mainland China.

Chinese Traders Use OTC Desks to Bypass Regulatory Hurdles: Report
Over-the-counter activity has picked up since the Communist Party reiterated its ban on crypto services on May 18.

Ex-Head of China's Digital Yuan Effort Says CBDCs Could Operate on Ethereum
Central bank digital currencies will one day be more "smart," and not merely digital versions of cash, Yao Qian said.

Crypto Crimes Surge in Asia; Bitcoin Reasons for Divorce in South Korea
South Korea has lost $5 billion due to crypto-related crime over the past five years as fraud and scams surge across Asia. China’s Sichuan province looks to weigh the effects of a crypto mining ban on the region’s hydropower generation. Back in South Korea, crypto is becoming a reason for couples to get divorced. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

Sichuan Energy Regulator to Meet to Discuss Bitcoin Mining: Report
Some mines in Sichuan are operating as usual despite the recent crackdown, Global Times reported.

Why China’s Crackdown May Make Bitcoin Mining More Centralized
Big Chinese miners are likely to survive the crackdown.

PayPal Exec: Most Central Banks Don't Have Appetite to Own Technology
During a 1:1 session at Consensus 2021, PayPal's VP & GM, Blockchain, Crypto and Digital Currencies, Jose Fernandez da Ponte, believes central banks know what they are doing on the technology side but doesn't think they have an appetite to own the technology stack and handle millions of consumer accounts.
