The Pig-Butchering Scam, also known as Sha Zhu Pan (杀猪盘), Crypto Romance Scam, CryptoRom, or Hybrid Investment Romance Scam, is a deceptive and harmful scheme that preys on individuals on dating apps and social media. Scammers patiently build trust with their targets over weeks or even months, luring them into fake investment opportunities in cryptocurrency,
AI regulation in China has taken an important step with the release of the Interim Measures for the Management of Generative AI Services (生成式人工智能服务管理暂行办法). Together with the Cyberspace Administration of China, the Measures were issued on July 10, 2023, by the National Development and Reform Commission, Ministry of Education, Ministry of Science and Technology, Ministry
I recently read a great article in Politico by Brandon Possin, a U.S. foreign service officer (and friend of my colleague Fred Rocafort) who is currently stationed at the U.S. embassy in Tokyo. Possin also has significant blockchain-related credentials. In U.S. Diplomat to Washington: You’re Becoming Obsolete in One Big Area of Tech Policy, he
Crypto trademarks are a no-go in China. In line with the country’s prohibitions on cryptocurrencies, the China National Intellectual Property Administration (CNIPA) will not register trademarks that describe crypto goods and/or services. Brands in the crypto space must be mindful of this reality when crafting brand and intellectual property rights protection strategies for China. China
For the past many months, I have taken a few calls and meetings each week from web3 entrepreneurs and others involved in the blockchain industry, such as lawyers and accountants whose clients need special expertise. As a transactional attorney, I get a unique perspective on the blockchain industry because I am generally on the front
Blockchain technologies are inherently international, and China has had its share of news lately. I have spoken on China and web3 from both business and national security perspectives. These new technologies present challenges and opportunities both inside and outside China. This post focuses on the for-profit blockchain developments and opportunities in China.
Since launching our Web3 practice group, we have been getting steady inquiries regarding international business and web3 crossover, including China-affiliated companies. Essentially all web3 technologies are international in nature. But unless you are personally interested and invested in cryptocurrencies or your business is heavily dependent on blockchain technology, it is likely that you are part
Web3 China vocabulary. Chinese companies are investing in web3 technologies despite the countrywide crypto mining ban. Here is help learning Chinese web3 vocabulary.
