China


Finance

Chinese Marketing Company Aurora Mobile Plans to Adopt Crypto Treasury

The Shenzhen, China-based company's board approved an initiative to convert up to 20% its cash and cash equivalents into bitcoin and other digital assets

16:9 Shenzhen, China (立 重立/Pixabay)

Finance

Stablecoin Connector BVNK Partners With Chinese Cross-Border Payments Firm LianLian

The deal facilitates stablecoin payments across LianLian’s network of merchants in over 100 countries.

Tokenized Treasuries has become a $3.5 billion asset class as demand and DeFi integration soared.(Ryan Quintal/Unsplash, Modified by CoinDesk)

Markets

Bitcoin Slips Below $104K, Cryptos Slide as U.S.-China Tariff Tensions Flare Up

The crypto market wobbled after Trump accused China of violating a tariff truce.

Bitcoin (BTC) price on May 30 (CoinDesk)

Finance

International Chauffeur Service Webus Plans $300M Raise for XRP Strategic Reserve

The China-based company says it aims to integrate XRP payments into its global chauffeur network.

U.S. dollar (Unsplash, modified by CoinDesk)

Markets

U.S. Trade Court Ruling Sends 30-Year Treasury Yield Above 5%

Tariff reversal fuels bond sell-off as U.S.-China tensions escalate across tech and education sectors.

(Joshua Earle/Unsplash+)

Markets

With Gold Stalling, Is It Bitcoin’s Turn? Traders Eye $95K as Key Breakout Level

Wednesday's crypto rally stalled as Bessent reiterated the difficulties in making a deal with China.

CDCROP: Gold bars stacked close up (Unsplash)

Videos

Game of Tariffs: Kevin O'Leary on Crypto Amid 'All-Out Economic War' Between U.S. and China

O'Leary Ventures Chairman Kevin O'Leary, aka Mr. Wonderful, joins CoinDesk to discuss the ongoing trade war between the U.S. and China, and its implications on the digital assets space. Plus, bitcoin's potential decoupling from traditional markets and whether ether can make a comeback. Kevin O'Leary will be joining CoinDesk at Consensus 2025 in Toronto from May 14-16. Get your tickets here: https://consensus2025.coindesk.com/ This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes.

Game of Tariffs: Kevin O'Leary on Crypto Amid 'All-Out Economic War' Between U.S. and China

Markets

Bitcoin Rally Stalls, but Sliding Yuan Could Be Bullish Catalyst

Chinese goods will be subject to 104% additional tariffs beginning at midnight, the White House said.

China-based Semiconductor Manufacturing International Corporation (SMIC) aims to raise fresh capital in a bid to further develop its chip-making technologies. (Credit: Shutterstock)

Markets

The All-Important U.S. 10-Year Yield Is Moving in the Wrong Direction for Trump

One of the most volatile trading sessions since March 2020 exposed deep cracks in the global financial system—foreign selling of U.S. Treasury notes is questioned.

President Donald Trump (Shutterstock)

Markets

Bitcoin Analysts Optimistic as China Surprisingly Fixes Yuan Beyond 7.2 Level

Analysts suggest the yuan's depreciation may lead to capital flight into bitcoin.

PBOC hints openness to weaker yuan in a supposedly bullish sign for BTC. (SW1994/Pixabay)