China
-
China Authorities Arrest 21 in $54 Million USDT Money-Laundering Case
The police department of China has recently reported on a money laundering scheme using USDT as the base currency. The…
Read More » -
FSB Proposes Stricter Crypto Regulations Following Last Year’s Market Debacle
The global financial standard agency calls on regulators to implement stringent regulations for the digital asset industry following the severe…
Read More » -
China Paves the Way for AI Boom with Newly Relaxed Regulations
Key Insights: China’s softened AI regulations favor innovation, bolstering its global tech leadership ambitions. Regulations ensure AI development aligns with…
Read More » -
Binance CEO Changpeng Zhao Projects Impending Bull Run to be in 2025
Changpeng Zhao, the chief executive of the largest crypto exchange by daily trading volume, Binance, has predicted when the next…
Read More » -
Crypto Income On The Rise Amid Market Downtrend – Research
The global economy has declined recently as traditional firms seek balance in their operations to stay in business. Despite the…
Read More » -
Scrutiny of Tether’s Reserve Statements Reveal China Ties Backing USDT
The review of documents obtained by the attorney general’s office in New York regarding the USDT reserve backing reveals a…
Read More » -
What Exactly is the NYSE Composite Index, and How Does It Operate?
Embark on a journey through stock exchanges like the esteemed New York Stock Exchange (NYSE), NASDAQ, Shanghai Stock Exchange, and…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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.…
Read More » -
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…
Read More »