China News
Astrology NFT project ‘Lucky Star Currency’ rugged for over $1m – Certik
The astrology-themed NFT project Lucky Star Currency (LSC) has performed an exit scam for over $1 million, according to an October 9 report ...
Hong Kong Set to Become East Asian Crypto Powerhouse – is China Warming Up to Crypto?
In a recently released Chainalysis report, the blockchain analysis firm shared some interesting insight regarding the state of the East Asia...
Nearly half of crypto users invest to boost living standards: Report
Approximately 50% of crypto users are investing in digital assets to improve their everyday living standards. According to a new survey by c...
China May Be Reversing Its Anti-Crypto Stance: Chainalysis
China could be contemplating a crypto comeback as one of the nation’s close neighbors adopts a more welcoming stance toward blockchain at ...
US Charges Chinese Nationals for Smuggling Fentanyl With Crypto
The US Department of Justice (DoJ) has slammed the brakes on a fentanyl supply chain involving 28 Chinese entities. According to the DoJ’s...
Hong Kong Adds ‘Potential Tailwind’ for East Asia Crypto Trading Volumes: Chainalysis
Hong Kong may offer up “a potential tailwind for East Asia” as crypto volumes plummeted in the region due to anti-crypto regulations in ...
Hong Kong could be a ‘tailwind’ for lagging crypto activity in Asia: Chainalysis
Recent crypto advancements in Hong Kong could provide a “potential tailwind” to lift crypto activity in the East Asian region, which has...
China dev fined 3 yr’s salary for VPN use, 10M e-CNY airdrop: Asia Express
Our weekly roundup of news from East Asia curates the industry’s most important developments. Chinese worker fined $145K over VPN An unnam...
Thailand: The Next Beachhead in BlackRock’s Global Expansion?
As BlackRock awaits a ruling on its application for a spot Bitcoin ETF, the world’s largest asset manager may have plans to expand its pre...
Arthur Hayes Says China Capital Flight Could Shake Up Macro Climate – Could It Affect Bitcoin?
Possible capital flight from China is an important trend to watch, according to controversial BitMEX founder and crypto veteran Arthur Hayes...
Hong Kong Edges Closer to Regulatory Framework for Stablecoin, Lawmaker Says
While China’s regime harbors a fierce hostility toward cryptocurrency, the government of Hong Kong appears to be going in the other direct...
Chinese Fintech Winds Down Stake in Blockchain Fund After Probe
Chinese fintech Ant Group is winding down a $100 million investment in A&T Capital’s blockchain fund after a probe into one of the fun...