China

Markets

The latest news extended bitcoin's streak of wild price gyrations this week.

By Omkar Godbole, David PanMay 21, 2021

China's warning about crypto investing is being blamed by many as the reason for this week's bitcoin slide, but Darius Sit, the co-founder of Singapore-based QCP Capital, says the warning is nothing new. Sit joins "First Mover" to discuss the Asian crypto markets and the latest market moves. Plus, he explains his cautious outlook on crypto in the second half of the year.

May 21, 2021

Policy

China’s reiterated crypto ban sharpens the focus on the financial sector.

By David PanMay 20, 2021

Markets

Liquidations, China and even Elon Musk may be factors in markets falling.

By Daniel CawreyMay 19, 2021

The crypto market nosedives as bitcoin dips below $40K for the first time since Feb. 8, the day when Tesla’s $1.5 billion bitcoin purchase was made public. The market plunge follows the newest warning to crypto trading in China, reminding banks and online platforms cannot provide crypto services. Inner Mongolia banned cryptocurrency mining earlier this year. Now, it’s setting up a reporting platform to catch miners that aren’t following the rules. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

May 19, 2021

Markets

The potential launch of private cryptocurrencies such as the Facebook-backed Diem is motivating central banks to develop CBDCs, the report noted.

By Tanzeel AkhtarMay 19, 2021

By Nathaniel WhittemoreMay 18, 2021

Markets

Regulators cite the dangers of speculative trading.

By Muyao ShenMay 18, 2021

“The Hash” panel unpacks a new cryptocurrency project in China named LoserSwap and its associated digital token Loser Coin (LOWB).

May 12, 2021

Policy

Prominent trader Zhao Dong is charged with "assisting internet criminal activities " and faces three years in prison.

By Jamie CrawleyMay 12, 2021