China
Evergrande and China’s Looming Risk to Tether
Tether says it doesn’t hold short-term debt from the struggling developer. But that doesn’t mean tether holders aren’t at risk.
Shanghai to Test Offshore Yuan Stablecoin on the Conflux Blockchain
China is using restricted-access blockchains in many industries, but the government use of a decentralized chain is rare.
Mining Rig Maker Canaan’s Stock Falls 11% on Disappointing Outlook
Analysts are wary as management notes challenges in the industry.
China Stepping Up Campaign Against Hidden Crypto Miners: Report
Inspections are being carried out across several Chinese provinces in colleges and research institutions.
SEC Chair Gary Gensler to Appear Before Senate Banking Committee on Regulating Crypto
CoinDesk’s Nikhilesh De discusses what to expect from Tuesday’s Senate Banking Committee hearing as U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler is scheduled to testify regarding the SEC’s role in crypto regulation. Plus, reactions to Gensler suggesting the SEC could ban certain Chinese companies from trading in the U.S.
FTX Hit by Hack Rumor, Korea Updates Crypto Death Note
FTX, Animoca Brands and Litecoin hit by fake news and scams. Korea issues updated crypto exchange death note. China NFT backlash grows. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Chinese Financial Commentator Fired Over Crypto Comments: Report
Prominent voices have increasingly become the target of China’s crackdown on crypto.
China’s Hebei Province Launches Crypto Mining and Trading Crackdown
The northern Chinese province will be regularly monitoring IT systems for crypto mining activity.
Laos Authorizes Six Companies to Start Crypto Mining
The southeast Asian country banned crypto trading in 2018.
E-CNY Problems to Be Solved, China Sees Warning Over NFT Hype
People’s Bank of China outlines e-CNY problems to be solved. China opinion piece voices warning over NFT hype. Solana competitors on the rise. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
