China
Conflux (CFX) Jumps 42% as a New Yuan-Backed Stablecoin Is Announced
Conflux (CFX) has captured the market’s attention with a powerful surge of nearly 42% in the last 24 hours. This dramatic move is driven by two major catalysts: the announcement...
China’s Tech Giants Want a Yuan-Backed Stablecoin; Now, Its Regulators Are Listening
A key financial regulator in Shanghai convened a meeting this week to discuss policy responses to stablecoins and cryptocurrencies. The development marks a potential transition in China’s strict stance on...
USDC Is Coming to Jack Ma-backed Ant Group’s $1 Trillion Blockchain Network
The international division of Jack Ma-backed, Chinese tech giant, Ant Group plans to integrate Circle’s USDC stablecoin onto its blockchain network, which processed over $1 trillion in payments last year. ...
Chinese Creditors Challenge $1.4B Exclusion from FTX Bankruptcy Claims
A group of Chinese creditors is fighting back against their exclusion from the FTX bankruptcy process, as $1.4 billion in claims remain unresolved. Over $380 million in claims from China...
China’s Answer to the Digital Dollar: A New Push for a Yuan-Backed Stablecoin
To counter an incoming US dominance in the digital asset space, China’s tech giants JD.com and Ant Group, an affiliate of Alibaba, are now urging Beijing to authorize a yuan-based...
China Moves In For a Total Internet Censorship With a July 15 Deadline
China is set to implement a new, state-issued national internet ID system on July 15, a move that will centralize user identity verification under direct government oversight. The system will...
China’s Central Bank Governor Says Blockchain Speeds Up Stablecoin, Payment Innovation
The governor of the People’s Bank of China (PBOC), Pan Gongsheng, delivered a powerful message on the future of finance, stating that blockchain technology and the rise of stablecoins are...
Trump Claims China Trade Deal Is Finalized, Awaits Xi’s Approval
President Donald Trump has officially announced that a comprehensive trade agreement between the U.S. and China is complete, and is now awaiting final approval from his Chinese counterpart, President Xi...
China Bans Holding of Bitcoin and All Cryptocurrencies, Report Says
On May 30, 2025, China introduced a new nationwide ban prohibiting the personal ownership of cryptocurrencies, including Bitcoin, according to a report by Binance. The updated policy expands earlier restrictions...
Bitcoin Leads Crypto Price Correction as US-China Tariff News Triggers $521 Million in Liquidations
The cryptocurrency market, led by Bitcoin, experienced a slight correction on Monday, May 12. Although analysts predicted a pullback after the latest price surge, tariff news out of the US...
Bitcoin Soars Past $103K as US and China Announce Tariff Cuts to 30% and 10%
Bitcoin’s (BTC) price surged past the $103,000 mark Monday, from bullish momentum that analysts believe may carry the asset toward a new all-time high (ATH). This powerful Bitcoin rally is...
US-China Trade Peace: “Perfect Storm” for Bitcoin Rally
The United States (US) and China have reportedly reached decisions on international trade that could end the long-standing tariff-induced trade war between the two economic giants. Following the development, analysts...
Crypto Rally Powered by ¥1 Trillion China Stimulus and Technical Breakouts in BTC
Bitcoin trades near the $97,000 mark, up almost 3% in the past 24 hours and bouncing strongly from March lows around $74,000. This price surge comes as significant global economic...
Bitcoin’s $94K Drop Tied to U.S.–China Gridlock and Geopolitical Hesitation
The Bitcoin price dipped below $95,000 on Monday, feeling pressure from low trading volumes during Asian holidays and ongoing uncertainty surrounding U.S.-China trade talks. This BTC price today is more...
“I Want Crypto—If We Don’t Do It, China Will”: Trump
President Donald Trump has reiterated his support for crypto, framing it partly as a way to prevent China from gaining control over the sector. His remarks suggest a strategic approach...
China Tightens Crypto Laws: Trader Convicted for $16.5M USDT Laundering Scheme
A court in Sunwu County has ruled against a cryptocurrency trader identified as Xiao Yang, who facilitated money laundering operations through USDT (Tether) transactions. The case is one of 12...
Bitcoin Bulls Battle 90k Resistance Zone Fueled By Trump Tariff Woes
The tension between the United States and China has heated up as market leading cryptocurrency Bitcoin found itself caught between macroeconomic uncertainty and strong technical signals, failing to push above...
Digital Yuan Goes Global: CIPS 2.0 Sparks Shift in Cross-Border Payments
China’s Cross-Border Interbank Payment System (CIPS 2.0), powered by the digital yuan, reportedly went live across 16 countries in Asia and the Middle East. Financial analyst Eric Yeung shared details...
Trump Prioritizes Resolving China Trade Spat Before Finalizing TikTok Deal
In a notable shift, US President Donald Trump has signaled a potential easing of the escalating tariff confrontation with China. Speaking at the White House, Trump expressed concerns about the...
Fake SCMP Website Uses Li Ka-shing Endorsement in a Cryptocurrency Scam
The South China Morning Post (SCMP) has filed a police report after finding a fraudulent website impersonating its digital publication to spread cryptocurrency investment scams. The fake site published a...
Tariff Time Again: What New US Tariffs on China Mean for Your Crypto
It’s another day, another round of US tariffs aimed at China. The White House announced new duties reaching up to 245% on Chinese imports Wednesday, marking a significant ramp-up in...
China Calls US Tariffs a “Joke” – How Does This Rhetoric Affect Bitcoin?
China will increase tariffs on U.S. imports to 125% starting April 12, 2025. The move follows the U.S. decision to raise tariffs on Chinese goods to the same rate. Beijing...
Inflation Data Day: US CPI Expected Hot, China CPI Flat – Crypto Markets Brace
Global markets are on edge Thursday as key inflation reports from the U.S., China, and Japan are to be released, sparking volatility as traders and the broader crypto market brace...
Crypto Ignores Trade War: Markets Rally Despite China’s 84% Tariff Hit on the US
The direct trade dispute between the United States and China escalated further Wednesday, even as broader market sentiment saw relief. China announced an increase in tariffs on US goods to...
‘Ignore China At Your Peril’: Ben Zhou Flags Yuan Devaluation’s BTC Impact
While Bitcoin rebounded toward $80,000 after Monday’s tariff-driven dip near $74,000, Bybit co-founder and CEO Ben Zhou suggested the real catalyst for the next major surge might come from China,...
