China
As Gold Keeps Setting New Highs, China Reportedly Wants to Be Its Custodian for Central Banks
Beijing is said to be courting foreign central banks to store bullion in Shanghai vaults as gold hovers near record highs and demand strengthens.
China Inaugurates Digital Yuan Operation Centre to Push CBDC Integration: Report
The initiative is intended to enhance settlement efficiency, and serve as building blocks toward a broader framework for e-CNY integration.
China Pumps the Brakes on RWA Businesses in Hong Kong: Reuters
At least two brokerages have been advised not to conduct any RWA business offshore, according to the report, citing sources familiar with the matter
Record Margin Debt in Chinese Stocks Signals Risk-On Momentum for Global Markets and Bitcoin
Chinese investors have borrowed a record 2.28 trillion yuan to buy local stocks.
Eric Trump Praises China’s Role in Bitcoin, Says U.S. and Beijing Are ‘Leading the Way’
President Donald Trump's son said he would love for his father and China's President Xi Jinping to talk about bitcoin at a coming meeting.
Asia Morning Briefing: Stablecoins Offer Beijing What e-CNY Can’t in Cross-Border Use, Economist Says
Dollar dominance thanks to stablecoins is pushing China to explore stablecoins, but capital controls limit the project to Hong Kong’s offshore renminbi market, where liquidity is thin.
China Warns Worldcoin-Style Iris Scanning a National Security Threat
A new advisory from China's Ministry of State Security highlights what it calls national security risks based on foreign firms collecting biometric data under the guise of crypto giveaways.
Conflux's CFX Rallies on China Buzz, but Analysts Believe Fundamentals Still Lag
Despite bullish headlines and China ties, Conflux’s on-chain metrics remain weak even as insiders say Beijing might be warming up to some forms of digital assets.
Asia Morning Briefing: Animoca Exec Says U.S. Heat Is Pushing China's Stablecoin Agenda
Beijing once warned of stablecoin risks. Now it’s turning to them to help stem the growth of U.S. dollar-pegged tokens in Asia.
Conflux's CFX Price Doubles on Stablecoin Reveal, Upgrade Plans
Conflux is working with AnchorX and Eastcompeace Technology on a stablecoin pegged to the offshore yuan aimed at cross-border Belt and Road Initiative corridors.
