China has reportedly added domestic AI chips to its government procurement list for the first time. This move signals Beijing’s determination to strengthen local semiconductor capacity and reduce reliance on
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Chinese financial regulators reaffirm strict stance against cryptocurrency activities, emphasizing their illegal status and potential financial risks. On November 28, 2025, the People’s Bank of China convened a coordination meeting
Bitcoin BTC$86,046.54 mining is experiencing a significant revival in China even though the activity was formally banned in 2021, according to Reuters. After almost disappearing from the global landscape, China
The government of the UAE completed the first transaction using digital dirhams, its CBDC, to make a cross-border payment to China. The development, which leveraged the Mbridge platform, opens new
