China


Markets

Stablecoin Expansion Stalls Ahead of U.S. Inflation Data

Wednesday's U.S. CPI data is expected to show the cost of living likely increased 3.4% over the year in April, a moderation from March's 3.5%.

Combined market cap of USDT, USDC, DAI with BTC's price and total crypto market cap. (TradingView/CoinDesk)

Policy

Ex-Head of China's Digital Yuan Effort Facing Government Probe: Report

Yao Qian is reportedly being investigated for "violations of discipline and law."

China renminbi bills (Moerschy/Pixabay)

Markets

Free Money? Polymarket Bet Pays 8.7% if China Doesn't Invade Taiwan

Betting against an invasion on the prediction market may yield almost 7x as much as Taiwan government bonds. Plus: Mideast turmoil barely changes U.S. presidential odds.

Taiwanese currency (Photo: sharyn morrow).

Markets

Hong Kong's Incoming Spot Bitcoin ETFs Could Be 'Big Deal.' Here's What Analysts Say

Massive demand for a China-listed gold ETF sent its premium soaring to 30% earlier this week.

Spot bitcoin ETFs could soon be coming to Hong Kong (Allan Watt/Flickr)

Policy

Filecoin Liquid Staking Platform STFIL Claims Team Members Under Investigation by Chinese Police

Tokens on the platform were moved to an "unknown, external address" last week while its team members were under detention

magnifying glass, investigation (Shutterstock)

Policy

BRICS Will Create Payment System Based on Digital Currencies and Blockchain: Report

For some time now, the BRICS grouping has been making efforts to reduce its reliance on U.S. dollars in settlement.

(Christiann Koepke/Unsplash)

Markets

Bitcoin Is Hitting All-Time Highs Around the World

The U.S. economy and its dollar has enjoyed relative strength over the past few years.

(NASA/Unsplash)

Opinion

China Never Completely Banned Crypto

Despite government crackdowns and widespread reports that crypto is outlawed in China, crypto trade is still very much alive. How is that possible?

Crowds walk below neon signs on Nanjing Road, Shanghai, China. (Getty Images)

Markets

Bitcoin Unphased by China's Stimulus Plan

Hong Kong's Hang Seng Index and the CSI 300 both responded to Beijing's plan to reboot China's domestic stock market, but bitcoin remains in the red.

16:9 Crop: Shanghai, China (Li Yang / Unsplash)

Policy

China's Illegal Crypto Activities Are Taking Place in Laundromats and Cafes: WSJ

Physical trading is most popular in China's inland, as places further from the coast are generally poorer so local governments are preoccupied with other matters, WSJ reported.

Laundromat (Skitterphoto/Pixabay)