China’s former CBDC chief is under government investigation


by CoinJournal

CoinJournal— China investigating Yao Qian, the former head of the Digital Yuan project. Local media reports say Yao is under probe for “violations of discipline and law.” Yao Qian, a leading Chinese blockchain expert who previously spearheaded China’s Digital Yuan program, is reportedly under government investigation. The Digital Yuan is a central bank digital currency (CBDC) […]

Honolulu Star-Advertiser—U.S. defense chief slams China for aggression in South China Sea. Damage to Philippine vessels and injuries to their crew in the South China Sea is “irresponsible behavior” in disregard of international law, U.S. Defense Secretary Lloyd Austin said Thursday in Honolulu, weighing in on the latest flare-up involving China.

The Foreign Desk—U.S Official: China’s Government is Hiding Labor and Human Rights Violations. The Chinese government is undermining workplace audits in China to hide human and labor rights violations, according to a U.S. Labor Department official. Thea Lee, the Labor Department’s deputy undersecretary for international affairs, testified to Congress on Tuesday that workplace audits in China are extremely unreliable. Audits are often announced ahead of time, which gives

Scroll.in—BJP moves EC against Congress leader’s remarks on former ATS chief Hemant Karkare’s death. Vijay Wadettiwar had alleged that the former Maharashtra Anti-Terrorism Squad chief was killed by a ‘policeman close to RSS’.