China
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.
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.
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.
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.
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.
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.”
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.
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.
Conflux Token Spikes 60% After Integrating China’s Version of Instagram
Conflux, the native token of the layer 1 Conflux blockchain, soared by 60.25% on Thursday after it announced it had integrated Little Red Book, China's version of Instagram. Conflux received a $5 million research grant from Shanghai's government in 2021. "The Hash" hosts discuss the cultural contexts, lack of clarity and changes in China's policy towards digital assets.
US and Asia’s Approach to Crypto
While sentiment toward crypto may be souring among U.S. regulators and lawmakers, Asia is revising policies to welcome crypto. CoinDesk Executive Director of Global Content Emily Parker discusses the difference in the U.S. and Asia's approach to crypto regulation, citing the implosion of FTX and stablecoin legislations. Plus, what can be learned from regulatory frameworks in Singapore, Hong Kong and Japan. And, insights on FTX users in China.
