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China
Justin Sun: 'Confident' Huobi Will Secure Virtual Asset Service Provider License in Hong Kong
Huobi is gearing up to apply for a crypto exchange license in Hong Kong called the "Virtual Asset Service Provider license," as the city warms up to crypto. Justin Sun, founder of TRON, Huobi Global Advisor, and Ambassador of Grenada to the WTO, discusses the move, the state of crypto in Hong Kong, and the possible implications for retail investors in China. Plus, his thoughts on Binance, ETH staking, and the state of U.S. crypto regulation.

Bitcoin Jumps 4% as Upbeat China Manufacturing Data Improves Risk Appetite
The cryptocurrency's Wednesday bounce is consistent with the recent trend of Asian flows leading the market strength.

China Blockchain Conflux Gains $10M Investment From DWF
The investment firm bought the blockchain's native token after it signed a deal with China Telecom.

The Future of Crypto Markets Will Be Driven by Developments in the East
Crypto investors need to keep an eye on geopolitical shifts playing out on the regulatory landscape, specifically some upcoming changes in Asia.

Crypto in Hong Kong Getting Soft Backing From Beijing: Bloomberg
Report says officials from China’s Liaison Office have been spotted at crypto events in the city.

No, Hong Kong Won’t Be Allowing Retail Traders Access to Crypto on June 1
A tweet suggesting the city will make crypto fully legal for all citizens is a misreading of the legislation.

Conflux Network to Build Blockchain-Based SIM Cards in Partnership With China Telecom
China Telecom will launch the first BSIM pilot program in Hong Kong later this year, Conflux Network said.

China Targets Blockchain Breakthroughs With Beijing Research Center: Report
The center will focus on blockchain use related to the economy and individuals' livelihoods in an attempt to make the technology central to China's digital infrastructure.

Bitcoin Network Activity Sees Uptick Amid Ordinals Protocol Popularity: Report
Network activity on the Bitcoin blockchain has hit a level not seen since China banned crypto miners in May 2021, according to data from CryptoQuant. The uptick stems from the popularity of the Ordinals protocol, which allows NFTs to be stored on Bitcoin. Okcoin Chief Operating Officer Jason Lau reacts to the report.

Jack Dorsey-Based Social Network Nostr's Damus App Banned From China App Store
A notification from Apple says Damus “includes content that is illegal in China.”
