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#openai #sanctions #china #us government #baidu

Any company with a public-facing generative AI service could theoretically find themselves in the same crosshairs.

#cryptocurrencies #cryptocurrency exchange #china #corruption

The Legal Daily calls cryptocurrency an easily hidden means for bribery and discusses measures need to crack down on it.

#cosmos #china #rewards #venture capital #blockchain storage

Lolli, NodeKit, and Cumulus Encrypted Storage System are among the latest startups to receive venture capital funding.

#hong kong #tether #stablecoin #europe #south korea #european union #china #the new york times

While Chinese authorities continue prosecuting stablecoin use, Hong Kong is working on legalizing it.

#crime #crypto #banking #china #exchange #forex #yuan

The latest bust is another salvo in China’s war on capital flight — which some believe is the real reason behind the country’s continued ban on cryptocurrencies.

#government #china #smart contracts #peoples bank of china

The People's Bank of China has addressed issues related to regulation of cryptocurrencies and decentralized finance (DeFi) in its latest financial stability report.