China
China Proposes Global Rules for Monitoring CBDCs
China is leading major nations in the development of a CBDC but the digital yuan project has raised concerns.

Fed Chair Powell: Digital Dollar Would Need Stronger Privacy Than Digital Yuan
“The lack of privacy in the Chinese system is just not something we could do here,” Powell told a House committee.

Shanghai-Backed Conflux Blockchain Wants to Bring DeFi to China
The company told CoinDesk that even though ICOs and fiat-to-crypto trading are not allowed in China, crypto-to-crypto trading is not banned.

State of Crypto: What’s Next for the OCC?
The OCC published a number of crypto-friendly pieces of guidance last year. The next head of this banking regulator could undo this work.

How China’s Digital Yuan Could Go Global
China has been quietly testing platforms where the digital yuan can be freely traded with other fiat currencies.

Ant Group Leads China-Dominated 2020 List of Blockchain Patent Holders
The only non-Chinese firm in the rankings, IBM, came fourth in terms of number of patents.

Blockchain Gets First Mention in China's 5-Year Policy Plan
China’s 14th five-year plan outlines the country’s economic priorities and stressed that technology will play an increasingly important large role.

NFT Art Craze Spreads to China
The exhibition titled “Virtual Niche—Have you ever seen memes in the mirror?” will run from March 26 until April 4 in Beijing before moving on to Shanghai.

Weibo Suspends Huobi, Binance, OKEx Accounts After Bitcoin Surge
Chinese social media app Weibo suspended the official accounts of four major crypto exchanges: Huobi, Binance, OKEx and MXC.

Bitmain Accused of Illegally Hiring Engineering Talent in Taiwan
Prosecutors claim more than 100 engineers were poached by the bitcoin mining company.
