China News
Woman To Serve About Seven Years Behind Bars for Laundering Bitcoin Proceeds of $6,400,000,000 Fraud: Report
A Chinese woman charged for her role in laundering the proceeds of a multi-billion dollar fraud scheme is now reportedly behind bars. Accord...
China Cracks Down On $1.9 Billion Underground Bank Using USDT For Foreign Exchanges
The Chinese hardline stance on cryptocurrency transactions has yet again come to the fore, with a prolific black market institution being di...
Growing Speculation that Hong Kong’s BTC ETFs May Open to Mainland Chinese Investors
Hong Kong’s Spot Bitcoin ETFs have performed relatively well compared to their US counterparts, which have suffered from outflows in recen...
Financial Titans Harvest Fund and Southern Fund Eye Bitcoin ETFs, Seek Approval in Hong Kong
It looks like China is gearing up to enter the Bitcoin spot ETF fray. Two of the country’s largest asset managers, Harvest Fund and Southe...
Chinese Investors’ FOMO Craze Fuels Surge into US ETFs, Sparking Speculation about Crypto Influx
After the Chinese stock market sank to a five-year low last week, it recovered slightly on Tuesday, with indexes gaining 3%. However, amid b...
China Unveils Four-Step Plan to Bolster Web3 and Crypto Industry
China plans to boost the Web3 technological innovation and clarify the development plans through a four-step approach. The Chinese market ha...
Chinese Tech Giant Alibaba Unveils New AI Video Tool
Another day, another artificial intelligence model. Alibaba Cloud—subsidiary of Chinese conglomerate Alibaba Group and one of the world...
France Opposes EU AI Restrictions After Binance Approval Allegedly Harmed Citizens
French President Emmanuel Macron has warned that the new European Union (EU) artificial intelligence (AI) bill will stifle innovation. His c...
HK game firm to buy $100M crypto for treasury, China/UAE CBDC deal: Asia Express
Our weekly roundup of news from East Asia curates the industry’s most important developments. Hong Kong gaming firm to invest $100M in cry...
Another $18.9M Hong Kong exchange scandal, HTX ‘sorry’ airdrop: Asia Express
Our weekly roundup of news from East Asia curates the industry’s most important developments. Yet another crypto scandal in Hong Kong Scam...
Arthur Hayes Says Capital About To Flood Into Bitcoin (BTC) From China – Here’s Why
BitMEX co-founder Arthur Hayes is outlining how capital from China could flow into Bitcoin (BTC). In a new analysis, Hayes notes that wealth...
This Week in Crypto: When Bitcoin Will Crash, China’s Web3 Push, and Cardano Dev Updates
Crypto news: Exchange-traded funds (ETFs) were all the rage in the crypto space this week. Prices fluctuated in response to expected approva...