China

Highlights: Shanghai officials met to discuss stablecoins, showing a possible shift in China’s approach to digital currencies. Hong Kong may lead the stablecoin plans in the country as firms prepare to issue tokens under the new rules. China has warned […]

Highlights: Shenzhen officials have warned that stablecoin scams use flashy terms to lure people into illegal investment schemes. Unlicensed platforms promote fake digital asset projects that involve fraud gambling and pyramid fundraising. They urged the public to report suspicious stablecoin […]

Highlights: FTX paused repayments in 49 countries, awaiting legal clearance to ensure regulatory compliance. Over 82% of the disputed claim value comes from China despite the crypto ban in 2021. Creditors have 45 days to object after receiving the Restricted […]

Highlights: Two firms want to launch a stablecoin in Hong Kong based on the local currency. Most of the stablecoins are backed by the dollar and occupy the largest share of the market. China may allow offshore yuan stablecoins as […]

Highlights: JD.com plans to apply for stablecoin licenses in different countries, says Richard Liu. Company tests Hong Kong dollar stablecoin, aiming for fourth-quarter launch on public blockchain. The stablecoin market could hit $1 trillion by 2030 as global adoption accelerates. […]

Highlights: Donald Trump expresses strong crypto support, warns China may lead digital assets if U.S. falters. Trump denies profiting from TRUMP token and reaffirms long-time crypto support. TRUMP token’s market cap has dropped significantly, from $15B at launch to $2B […]

Highlights: Ethereum price soars above the $1800 mark, before retracing to $1784. According to a WSJ report, US tariffs on China will likely be reduced by 50%. Technical indicators point to a potential rally to $2000 soon. After a 9% […]

Highlights: China is working on clear rules for handling cryptocurrency seized in criminal cases. Local authorities are teaming up with private firms to sell confiscated crypto overseas. China’s Bitcoin holdings make it the second-largest BTC holder after the United States. […]

Highlights: Russian companies are using cryptocurrencies including Bitcoin, and Ethereum to facilitate oil trade. Russia’s oil trade relies on middlemen managing crypto payments to avoid using the dollar. Despite restrictions, China remains a top Bitcoin miner, raising questions about its […]

Highlights: U.S. Customs started releasing thousands of seized Chinese crypto mining machines. Industry leaders deem concerns about emissions from mining machines unfounded. Trump supports U.S. Bitcoin mining and aims to boost domestic industry growth. U.S. Customs and Border Protection (CBP) […]

Highlights: Crypto liquidations soared to $2.16 billion amid Trump’s tariff plans, triggering heightened volatility. Bitcoin price dropped below $94k as inflation fears and market uncertainty intensified. Analyst Jeff Park forecasts tariffs to boost Bitcoin long-term despite volatility and turbulence. Crypto […]

Highlights: China requires banks to monitor and report risky crypto transactions to strengthen financial controls.   New rules make it harder to use crypto for cross-border transactions and bypass regulations.   China remains firm against crypto trading despite holding significant Bitcoin from […]