China


Markets

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.

U.S. President Donald Trump and China's President Xi Jinping (Thomas Peter-Pool/Getty Images)

Policy

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.

Money Laundering (Frank van Hulst/Unsplash+/Modified by CoinDesk)

Policy

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.

President Donald Trump at the White House (Jesse Hamilton/CoinDesk)

Markets

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.

pboc

Markets

How China’s strengthening yuan could support bitcoin prices

The yuan has rise to its highest in over two months against the dollar.

USD/CNY's daily chart. (TradingView)

Markets

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.

Beijing pin

Markets

China Returns as Third Largest Bitcoin Mining Hub With a 14% Share: Reuters

Underground activity expands as cheap power, miner demand and softer policy signals support a renewed mining push in key provinces in China.

Looking down the path on top of China's Great Wall as it winds over a mountain ridge.

Policy

China Accuses U.S. of Stealing 127K BTC in High-Profile Crypto Hack

CVERC claims the hack was conducted by a "state-level hacking organization" and suggests the U.S. seizure was part of a larger operation involving the same attackers.

Glasses in front of monitors with code (Kevin Ku/Unsplash/Modified by CoinDesk)

Markets

Asia Morning Briefing: Crypto Markets Brace for a Pivotal Week as Trump–Xi Talks and Fed Decision Loom

Traders are betting on a Trump–Xi breakthrough and a dovish Fed pivot to revive “Uptober,” though markets remain wary that rare-earth restrictions and the U.S. shutdown could spoil the rally.

Donald Trump (Nikhilesh De/CoinDesk)

Markets

Asia Morning Briefing: BTC, ETH Markets Steady as Traders Await CPI and China-U.S. De-Escalation Signs

Investors are in wait-and-see mode as the U.S. shutdown stalls data releases and China signals restraint on export controls, keeping markets range-bound ahead of Friday’s CPI report.

China. (Excellentcc/Pixabay/Modified by CoinDesk)