China
Biden Administration Concerned Over Long-Term Effects of Digital Yuan: Report
Officials at multiple government departments are increasing efforts to better understand any possible threat posed to the U.S. dollar by China's digital yuan.
Crypto Long & Short: Peter Thiel Defines Bitcoin’s Accidental Role in Global Politics
Thiel's comments about China “weaponizing” bitcoin to hurt the U.S. are a warning about the cost of inaction.
Exec of Chinese Blockchain Firm Allegedly Misappropriated $45M in State-Owned Bitcoin: Report
Gao Ziyang has reportedly been detained for the alleged liquidation. The company denied his involvement and has not confirmed the detainment.
Chinese Web Firm Meitu Buys $10M More in Bitcoin
The publicly traded app developer has now spent $100 million on bitcoin and ether.
Peter Thiel Says Bitcoin Could Be a Chinese ‘Financial Weapon’
During an appearance at a virtual roundtable yesterday, billionaire investor and self-described “bitcoin maximalist” Peter Thiel suggested that China could use bitcoin as a “financial weapon” to undermine the value of the U.S. dollar. “The Hash” panel debates whether Thiel’s comments are something the crypto space should take seriously.
China, the Convenient Foil
Peter Thiel is both right and wrong in calling bitcoin a tool that could empower China and challenge the U.S. dollar.
PayPal Co-Founder, Bitcoin Investor Thiel Says Bitcoin Could Be Chinese 'Weapon’
With bitcoin back in the spotlight, so are old fears that China may be at the reins.
Chinese Lottery Firm Furthers Crypto Pivot by Buying Bitcoin Miner Maker for $100M
The acquisition of mining equipment maker Bee Computing comes amid the lottery-turned-crypto-mining firm’s shopping spree.
Bank of International Settlements Says China's Digital Yuan Will Not Have 'First Mover Advantage'
Bank of International Settlements General Manager Agustin Carstens pushed back against claims that China's digital yuan would give the country a "first mover advantage" in the world of CBDCs. Though Carstens didn't directly name China, his speech challenged "overblown" rhetoric that any one CBDC would become the world's reserve currency based on "digital nature alone." Nik De breaks it down.
