China
Hong Kong links up with Shanghai trade authorities to put cargo data on blockchain
HKMA teams up with mainland regulators to develop a cross-border platform linking cargo data and electronic bills of lading, aiming to cut trade finance friction and plug Chinese supply chains into global markets
Mystery Hong Kong investor in BlackRock's bitcoin ETF breaks silence after $436 million stake sparks controversy
A spokesperson for Laurore said the $436 million IBIT stake “reflects personal investment conviction,” as records link it to a mainland China passport holder.
Only 5% of companies see AI improving profit, McKinsey China chairman tells Consensus
The chairman of Greater China at McKinsey said nearly every company is experimenting with AI, few are rethinking their organizations deeply enough to unlock profit.
China expands crypto crackdown to stablecoins, asset tokenization
The set of new rules reaffirm China’s hardline stance on crypto and impose restrictions on tokenized real-world assets and overseas issuance of yuan stablecoins.
Here's how China's response to Trump tariffs silently rocks bitcoin
China’s exports remain resilient under U.S. tariffs as the yuan stays tightly managed, sending ripples all the way to the crypto market.
Crypto money laundering balloons to $82B as Chinese-language services dominate, Chainalysis says
Chinese-language networks now handle a disproportionate share of global crypto money laundering flows, according to a new Chainalysis report.
Trump vows to make U.S. the crypto capital of the world to beat China
U.S. President Donald Trump said he supported efforts to legislate crypto because of the political support he received for doing so.
Digital yuan holdings to earn interest under China's new framework
The new framework due Jan. 1 will let banks pay interest on clients' e-CNY holdings.
How China’s strengthening yuan could support bitcoin prices
The yuan has rise to its highest in over two months against the dollar.
China to Intensify Crackdown on Virtual Currencies, Including Stablecoins: Report
Virtual currencies lack the legal status of fiat money, Chinese officials said during an intra-agency meeting on Friday.
