Beijing

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Bitcoin

A Post-Dollar World? Saudi Arabia Reportedly Considers Accepting Yuan Instead of Dollar for Chinese Oil Sales

Saudi Arabia is reportedly in talks with Beijing to price some of its oil sales to China in Chinese currency yuan instead of the U.S. dollar. This could dent dollar’s dominance in the global market.

By CoinDesk Staff

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Mar 15, 2022 at 6:39 p.m. UTC

Mar 15, 2022

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Video

Nwayplay

Dapper Labs Exec Talks Flow Network: ‘It’s Not Just an NFT Blockchain’

Matthieu Jobbé-Duval, head of financial products at Dapper Labs, which oversees the Flow ecosystem, including NBA Top Shot and NFL All Day, discusses the latest on Flow, including introducing ERC-20 token wrapped FLOW (wFLOW). What does this mean for DeFi users on Ethereum?

By CoinDesk Staff

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Feb 10, 2022 at 5:06 p.m. UTC

Feb 10, 2022

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China

China’s Digital Yuan to Face International Users at Beijing Winter Olympics

China’s central bank digital currency (CBDC), the digital yuan, is expected to make its international debut next week at the Beijing Winter Olympics.

By CoinDesk Staff

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Jan 27, 2022 at 4:53 p.m. UTC

Jan 27, 2022

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China

Markets Plunged on China’s Crypto Crackdown, Shrugged Off Dreaded US Tax Provision

In the days following bad bitcoin-related press from Beijing and Washington, capitals of the number one and two largest economies in the world, bitcoin did strikingly different things: it dropped 30% on the China news in May, while it ran up 6.7% on the U.S. tax provision in August.

By CoinDesk Staff

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Aug 23, 2021 at 8:43 p.m. UTC

Aug 23, 2021

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Markets

Bitcoin mining

Beijing Signals Yearslong Tech Crackdown as Investors Reevaluate China Bets

China's tech crackdown extends far beyond crypto.

By Eliza Gkritsi

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Aug 12, 2021 at 6:08 a.m. UTC

Aug 12, 2021

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China

Huobi Shuts Down Beijing Entity Amid China’s Crypto Crackdown

As Chinese authorities crack down on local mining operations, other crypto fields appear to be impacted, including exchanges and media platforms, which could be driving massive selloffs in Chinese tech stocks. Huobi is the latest crypto exchange to be hit, dissolving its Beijing entity on July 22 and deregistering in 45 days.

By CoinDesk Staff

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Jul 27, 2021 at 6:33 p.m. UTC

Jul 27, 2021

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Video

Facebook

Huobi Deregisters Beijing Entity; K-Drama Takes Crypto Back in Time

Huobi applies to deregister its Beijing entity in China. Facebook in hiring mode for its Novi digital wallet project in the Philippines. K-drama gets set to take crypto back in time. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

By CoinDesk Staff

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Jul 27, 2021 at 2:49 p.m. UTC

Jul 27, 2021

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Markets

China

Beijing City Blockchain Touts Interoperability With File Storage Product

The city's government plans to unite data that's spread out among its departments.

By Eliza Gkritsi

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Jul 23, 2021 at 9:04 a.m. UTC

Jul 23, 2021

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China

Beijing Doubling Down on Crypto Bans, Ending Free Press in Hong Kong; What It Means for Asia’s Crypto Hub

Hong Kong’s pro-democracy newspaper Apple Daily will shut down all operations and print its last edition Thursday as authorities froze funds and arrested their journalists. “The Hash” panel reacts to the news in the ongoing conversation about China’s crackdowns on civil liberties and what it means for crypto in China.

By CoinDesk Staff

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Jun 23, 2021 at 6:20 p.m. UTC

Jun 23, 2021

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Video

Bitcoin

Governments Meet Crypto Industry; Hope for Bitcoin Miners in Sichuan

Governments throughout Asia are meeting with the crypto industry to discuss how to regulate the booming industry. Chinese local media reports the authorities in Sichuan may take a more lenient approach to bitcoin mining despite Beijing’s mining clampdown. Also, BC Group’s OSL announces tie-up with SC Ventures.

By CoinDesk Staff

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Jun 3, 2021 at 3:13 p.m. UTC

Jun 3, 2021

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