China

Hong Kong’s National Security Law Could Threaten Local Crypto Brokerages
The U.S. sanctions on financial institutions in Hong Kong could put the city’s growing crypto brokerage businesses in jeopardy.

Ride-Hailing Giant Didi to Trial China's Central Bank Digital Currency
Didi, the Chinese equivalent of Uber, is forming a task force to design and implement trial of China's central bank digital currency on its on-demand transportation platform.

First Mover: Even Bank of America Acknowledges China Winning Digital-Currency Race
BoA researchers anticipate China's digital yuan might make a dent in the greenback’s global hegemony.

FATF Under Germany: Expand Digital AML/CTF Efforts
Dr. Marcus Pleyer has outlined the objectives for his next two years as president of the global AML watchdog.

China Police Said to Detain Crypto OTC Traders Amid Money Laundering Crackdown
Chinese police are stepping up efforts in cracking down on illegal economic activities, which now leads to crypto over-the-counter (OTC) traders being detained to assist investigations.

How Chainlink and Cosmos Fit Into China's Grand Blockchain Initiative
Chainlink will help the state-backed Blockchain-Based Service Network with oracles, and Cosmos-powered Irisnet will assist with interoperability.

Bitcoin Miner Maker Ebang Estimates $2.5M Loss for Q1 in IPO Prospectus Update
The Chinese firm also revealed its anticipated share price in its updated filing with the U.S. SEC.

JD.com Subsidiary Rolling Out Privacy Tech From Blockchain Firm ARPA
JD Digits is teaming with blockchain-based privacy platform ARPA protect the financial data of major clients.

Bitmain’s Power Struggle Takes Toll on Customers as Co-Founder Halts Shipments
Like the employees forced to choose sides, Bitmain customers have been caught in the middle of the power struggle at the No.1 bitcoin miner manufacturer.

Bitcoin News Roundup for June 10, 2020
As Chinese students prepare for bitcoin questions on their university entrance exams, some analysts say BTC is near the start of a multi-month bull run.

