China


Finance

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.

Shanghai (Edward He/Unsplash)

Opinion

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.

Hong Kong and China are poised to influence the future of crypto markets. (NicoElNino/Getty Images)

Finance

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.

Hong Kong skyline (bady abbas/unsplash)

Policy

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.

(DALL-E/CoinDesk)

Tech

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.

Hong Kong regulator pushes for tougher crypto regulations. (Chester Ho/Unsplash)

Policy

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.

Beijing

Videos

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.

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Finance

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.”

Nostr's Damus, on Apple's App Store (Apple)

Videos

Charlie Munger Calls for US Crypto Ban; Coinbase Shares Jump as Crypto-Related Stocks Continue Post-Fed Rally

Berkshire Hathaway (BRK) Vice Chairman and staunch bitcoin skeptic Charlie Munger has called for the United States to follow in the footsteps of China and ban cryptocurrencies. And, the latest on Coinbase (COIN) shares jumping more than 20% after the Federal Reserve’s latest interest rate hike.

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Videos

Berkshire Hathaway’s Charlie Munger Calls Cryptocurrency a 'Gambling Contract'

In an opinion piece in the Wall Street Journal, Berkshire Hathaway (BRK) Vice Chairman and staunch bitcoin skeptic, Charlie Munger called for the United States to follow in the footsteps of China and ban cryptocurrencies. "The Hash" panel discusses Munger's latest criticism of digital assets in his long-standing history of opposition against the crypto industry.

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