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” China’s Hainan to boost NFT oversight as digital yuan trial ramps “ Authorities from the Hainan province in southern China have vowed to increase oversight on the nonfungible token (NFT) sector to “promote the healthy development” of the sector and to stomp out fraud and other associated risks. In a separate announcement, the People’s…
” Enforcement goes on with Bitzlato action — Law Decoded, Jan. 16-23. “ The good news of the last week is that Bitcoin (BTC) continued to review, making around 10% up from Jan.16 to Jan. 23. But it has yet to change a worrying trend of crypto companies making headlines due to their troubles with…
China Box Office: ‘Wandering Earth 2’ Takes $70M on Day 1 of Lunar New Year, Zhang Yimou’s ‘Full River Red’ Second With $59M China’s Lunar New Year box office got off to a solid start on Sunday despite ongoing concerns over the COVID wave sweeping the country. An especially strong and diverse slate of local…
” China’s digital yuan gets smart contract functionality alongside new use cases “ China’s Central Bank Digital Currency (CBDC) — the digital yuan, or eCNY — has received upgrades giving it smart contract functionality alongside a series of newly unveiled use cases. The smart contract function was launched on the Meituan app, a Chinese app…
Pompeo says Trump told him to ‘shut the hell up’ about China Former Secretary of State Mike Pompeo said in his forthcoming memoir that former President Trump told him to “shut the hell up” about China in the early stages of the COVID-19 outbreak, Semafor reported on Thursday. “My Mike, that f—— guy hates you!” Trump reportedly…
Japan sells Tokyo as US linchpin of security against China, Russia Japanese Prime Minister Fumio Kishida’s visit with President Biden is aimed at selling Tokyo as the linchpin of eastern security and a bulwark against Chinese and North Korean aggression. It’s part of a historic shift for the island nation, which has committed to growing…
“Tesla owners in China protest against surprise price cuts” Hundreds of Tesla owners gathered at the automaker’s showrooms and distribution centers in China over the weekend, demanding rebates and credit after sudden price cuts they said meant they had overpaid for electric cars they bought earlier. On Saturday, about 200 recent buyers of the Tesla Model Y and Model 3 gathered at a Tesla delivery center in…
“Taiwan condemns China for latest combat drills near island” Taiwan condemned China on Monday for holding its second military combat drills around the island in less than a month, with the defense ministry saying it had detected 57 Chinese aircraft. China views democratically-governed Taiwan as its own territory and has been ramping up military, political…
“This week’s critical moment for Biden to act on China’s threat” Japan’s Prime Minister Fumio Kishida comes to Washington this week for a potentially critical summit with President Joe Biden — particularly on China, which Tokyo now publicly recognizes as its principal threat. Just weeks ago, Kishida announced a historical “turning point” in Tokyo’s security…
“China reopens borders in final farewell to zero-COVID” Travelers began streaming across land and sea crossings from Hong Kong to mainland China on Sunday, many eager for long-awaited reunions, as Beijing opened borders that have been all but shut since the start of the COVID-19 pandemic. After three years, the mainland is opening its border with Hong…