China


Politiche

Ex responsabile dello sforzo cinese per lo yuan digitale sotto inchiesta governativa: rapporto

Secondo quanto riferito, Yao Qian è indagato per "violazioni disciplinari e di legge".

China renminbi bills (Moerschy/Pixabay)

Politiche

La Cina promette di chiarire il percorso di sviluppo di Web3 e NFT

In futuro, la strategia Web3 della Cina incoraggerà lo sviluppo di nuovi modelli di business come NFT e accelererà l'applicazione innovativa di Web3, ha affermato il Ministero della Scienza e Tecnologie .

16:9 Crop: Shanghai, China (Li Yang / Unsplash)

Finanza

Standard Chartered China offre servizi di cambio per lo yuan digitale

La banca offrirà ai clienti l'accesso alla piattaforma di interconnessione digitale RBM, offrendo servizi di ricarica e riscatto.

Standard Chartered (Shutterstock)

Video

Huobi Denies Reports of Executive Arrests as Stablecoin Reserves Sink

Nansen data shows that crypto exchange Huobi’s stablecoin reserves dipped by 33% in the last week, with traders withdrawing $49 million in stables. This comes as a spokesperson for Huobi denied reports that several executives were arrested in China over the weekend. "The Hash" panel discusses the latest developments at Huobi and the state of crypto regulation in China.

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China Is Binance’s Largest Market: WSJ

A new report from the Wall Street Journal says Binance users traded $90 billion of crypto-related assets in China in just one month, making the country Binance's largest market by far. CoinDesk Executive Director of Global Content Emily Parker unpacks the details, shedding light on China's role in the global crypto scene.

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Why Bitcoin Miners Have Flocked to Texas

Crypto miners have flocked to the state of Texas since China banned mining in 2021, encouraged by cheap energy, grid incentives and an alignment of values. "The Hash" panel discusses why Texas has emerged as a bitcoin mining hub as part of CoinDesk's special Mining Week presented by Foundry. Foundry and CoinDesk are both owned by DCG.

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Video

Bitcoin Slips to $29K Level Amid WSJ Report on Binance

Bitcoin (BTC) is slipping after the Wall Street Journal said Binance CEO Changpeng "CZ" Zhao suggested in a private conversation that the crypto exchange's affiliates had conducted wash trading several years ago and China's policymakers warned of a tortuous economic recovery while falling short of announcing large-scale stimulus. "The Hash" panel discusses the takeaways from the report and the outlook for Binance.

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Video

Sen. Tuberville on Bill to Block Chinese Ownership of American Crypto Companies

Sen. Tommy Tuberville (R-Ala.) and Sen. Kirsten Gillibrand (D-N.Y.) recently introduced a bipartisan bill to amend the Commodity Exchange Act to prohibit entities organized or established in China from acquiring a U.S. digital asset broker, dealer, custodian, or exchange. The Alabama lawmaker joins CoinDesk's Jennifer Sanasie to discuss the legislation, along with the future of crypto regulation in the United States.

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Video

Neil Tan: Hong Kong’s Crypto Push

Cryptocurrency firms are being driven to explore friendlier jurisdictions due to a challenging regulatory climate in the U.S., says Neil Tan, chairman of the FinTech Association of Hong Kong. The city’s strategic position as a gateway to China, combined with its robust access to capital, are strengthening its ambitions to become a leader in the virtual assets arena. However, Hong Kong faces stiff competition as it vies with Dubai and Singapore. In a Word on the Block interview with Forkast Editor-in-Chief Angie Lau, Tan explains why the comprehensive rules set by the city’s Securities and Futures Commission — including the facilitation of retail trading while ensuring investor protection — have become key attractions for these firms.

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Bitcoin Holds Steady After China Rate Cut

Bitcoin (BTC) is holding steady near $27,000 as China slashed its key lending benchmarks for the first time in 10 months, which failed to lift the mood in traditional markets. Marc Chandler, Bannockburn Global Forex Managing Director and Chief Market Strategist, discusses his crypto markets analysis and outlook.

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