Crypto in China

The Beijing Olympics Was the Coming Out Party for China’s Digital Yuan. What Comes Next?

This year’s Winter Olympics in Beijing got mixed reviews, for a range of political, economic, and cultural reasons. But the debut of China’s central bank digital currency (CBDC) at the Olympics is being hailed as a success. While many Chinese sports fans were cheering Olympic skier Elieen Gu’s success while watching at home, fans in Beijing were using e-CNY to buy snacks or stuffed animals of Olympic panda mascot Bing Dwen Dwen. Could other nations soon look to China's example before launching...

Chinese Investment Is Pouring Into the Metaverse

In the first week of December, Beijing Language and Culture University put out its list of the top 10 internet buzzwords of 2021, and separately, the web site Yaowen Jiaozi (its name means Buzzwords or Chewing Words) released its own top 10 buzzwords of the year. “Metaverse” made both lists, and was the only non-Chinese word on the Yaowen Jiaozi list. According to business data site Tianyancha, China has registered more than 7,000 trademarks related to the metaverse. Now A-level players have p...

Shanghai Blockchain Week 2021: Grand Occasion or Absence of Glory?

While crypto enthusiasts were sending out their “GM” tweets from Lisbon last week, Shanghai held its only state-sanctioned blockchain event, Shanghai International Blockchain Week. Hosted by Wangxiang Blockchain Labs, the event usually brings together the government, enterprise, academic, and DeFi degen side of the industry with a mix of excitement and anxiety. Blockchain was publicly listed as a key industry in the digital economy in China's 14th Five-Year Plan and 2035 long-term goal outline,...

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Crypto in China

The Beijing Olympics Was the Coming Out Party for China’s Digital Yuan. What Comes Next?

Chinese Investment Is Pouring Into the Metaverse

Shanghai Blockchain Week 2021: Grand Occasion or Absence of Glory?