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China
A Post-Dollar World? Saudi Arabia Reportedly Considers Accepting Yuan Instead of Dollar for Chinese Oil Sales
Saudi Arabia is reportedly in talks with Beijing to price some of its oil sales to China in Chinese currency yuan instead of the U.S. dollar. This could dent dollar’s dominance in the global market.

Shanghai Police Bust $16M Crypto Pyramid Scheme
It's the city's first cracked case of an online pyramid scheme that used cryptocurrencies, according to authorities.

Huobi Global Exec On BTC Price and Ambitions for US Services
Jeff Mei, director of global strategy for crypto exchange Huobi Global, shares his analysis on the current state of the crypto markets as bitcoin’s price jumps amid geopolitical tensions and rising U.S. inflation. Mei also discusses the company’s strategy for handling China’s crypto regulations, and Huobi’s plans to enter U.S. markets through institutional financial services.

Bitcoin: Gold 2.0? Try Reserve Asset 3.0
The conflict between Russia and Ukraine is beginning to send ripples through the global economy that could lead to a new monetary system.

Biden’s Executive Order Draws Mixed Reactions From Global Crypto Community
Crypto advocates worldwide are somewhat underwhelmed by the U.S. president’s recent executive order on crypto regulation.

US Bill Targets E-CNY; Russian Sanctions Hurting Public
Chainalysis launches free sanction screening tools. U.S. senators take aim at China’s digital yuan, while Russian sanctions highlight financial sovereignty issues. Tomorrowland to bring music to Web 3 with FTX Europe. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of The “Daily Forkast.”

China’s Digital Yuan Targeted in New Bill From 9 GOP Senators
The Say No to the Silk Road Act stems from not only the well-known privacy concerns around the Chinese CBDC, but also from worries it could be a tool to evade sanctions.

China Seizes Mining Rigs; Ukraine Crypto Backlash Warning
China busts mining operation disguised as E-V charge station. India sees future and possibility of revenue in crypto. Russians look to preserve value of cash, while Ukraine reiterates call for crypto exchange ban. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

On Chinese Social Media, Justin Sun Says He Hopes to 'Strengthen Cooperation' With Russia
The Tron founder has been a prominent supporter of crypto fundraisers for Ukraine during Russia's invasion. But a comment posted only across his Chinese social media sent a more complicated message.
