China
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US Lawmakers to Block Federal Reserve’s CBDC Testing
Alex Mooney is an American lawmaker who recently brought injunctions against CBDC testing for Federal Reserve. Central Bank Digital Currency…
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Tether Reclaims Lost $20B From TerraUSD Collapse
The world’s largest stablecoin, USDT, has seen an unprecedented rise in valuation in the past few months after surpassing a…
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Hong Kong Is Becoming A Home For Cryptocurrency Gradually
In the last few months, Hong Kong city has been bursting with a lot of energy for cryptocurrency. Ranging from…
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Hong Kong and UAE to Coordinate Cross-border Trade Settlements and Crypto Regulations
Hong Kong central bank confirms in its latest statement entering financial cooperation with its United Arab Emirates counterpart. The cooperation…
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China Unveils White Paper for Web3 Development and Innovation
China has maintained a stringent stance on cryptocurrencies thus far. However, the county has recently eased the exodus on crypto…
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Chinese City Nanjing Releases Government-backed Metaverse Platform
The capital city of Jiangsu province revealed unveiling a metaverse-based innovation platform to enhance research efforts. The platform aims to…
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Huobi Global To Launch Hong Kong Presence On June 1
Following Hong Kong’s Securities and Futures Commission (SFC) move to allow retail investors access to cryptocurrency, Huobi is looking to…
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OpenAI Plans to Exit Europe, Cites Regulatory Pressure
The chief executive of OpenAI, Sam Altman, announced on Wednesday plans to exit the European market due to regulatory pressure.…
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Elliptic Reveals Chinese Companies in Fentanyl Crisis Received Bitcoin and USDT Payments
The investigative publication by Elliptic on Tuesday, May 22, reveals that Chinese chemical suppliers accepted USDT and Bitcoin payments from…
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North Carolina Becomes the Latest State After Florida to Pass Anti-CBDC Legislation
North Carolina has joined the list of US states that have passed anti-CBDC legislation recently. The lawmakers in North Carolina…
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US Slams North Korean Banker With Double Indictment Over Crypto Laundering
The US regulators have reportedly accused a North Korean Bank official of using virtual private networks (VPNs) and digital assets…
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Hong Kong Regulators Set to Launch Crypto Licensing Regulations in May
On April 27, the chief executive of Hong Kong security exchange Julia Leung revealed plans to release the crypto licensing…
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Australia Now Hosts More Crypto ATMs Than Entire Asian Continent
Asia includes some of the top economic sectors in the world, such as China, Singapore, India, and Japan. The continent…
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Billionaire Warren Buffet Calls Bitcoin a “Gambling Token”
Warren Buffet, the CEO of Berkshire Hathaway, has not been very kind towards Bitcoin. He has issued some harsh remarks…
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G7 will Help Developing Countries to Introduce CBDCs
Crypto is among the key objectives for discussion for the next G7 agenda. However, summit organizers have maintained that they…
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Crypto Mining Firm Bitmain Faces $3.5 Million Fine for Tax Violations in China
Bitmain is a cryptocurrency mining company that is currently under fire on account of regulatory pressure stemming from the Chinese…
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