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Beijing’s “Moderately Loose” Policy Sparks Bitcoin Speculation
9.12.2024
For the first time since 2010, China has announced a shift toward a “moderately loose” monetary policy, aiming…
US vs. China: Trump’s Aide Predicts New Bitcoin Space Race
8.12.2024
The rise of bitcoin as an international reserve asset might ignite a new space race. David Bailey, a cryptocurrency policy aide of President-Elect Trump’s campaign, stated that this new paradigm will pit the U.S., China, and a few other countries in a battle for supremacy. Trump’s...
Bitcoin Hits 100K, XRP Wobbles, and More — Week in Review
8.12.2024
Bitcoin hits $100K, XRP wobbles but won’t fall, certain meme coins are in the crosshairs, and more in this Week in Review. Week in Review This week marked a historic milestone for cryptocurrency as bitcoin crossed the $100,000 threshold. Despite a recent dip to $2.25, XRP remains...
TikTok Ban Will Move Forward After Court Rejects Appeal
6.12.2024
One of the most popular video sharing apps in the world might not be on your phone come next year. A U.S. ban of TikTok will move forward unless Chinese-owned tech company ByteDance divests its control by January 19 after an appeals court rejected its argument against the constitutionality of...
‘China’s MicroStrategy’ sells all of its Bitcoin and Ethereum: Asia Express
5.12.2024
Asia’s MicroStrategy Meitu has sold all of its 940 Bitcoin and 31K ETH while Sth. Korea looks to legalize corporate crypto buys. Asia Express
China Stands Firm With BRICS Amid US Tariff Threats
4.12.2024
China has strongly defended the BRICS coalition against the U.S. President-elect Donald Trump’s tariff threats, emphasizing its principles of openness and inclusiveness. Responding diplomatically, Chinese Foreign Ministry spokesperson Lin Jian reiterated that BRICS does not target third parties...
China’s Digital Yuan Faces Uphill Battle With Corruption Scandals and Sluggish Adoption
2.12.2024
China’s digital yuan (e-CNY), once a frontrunner in central bank digital currencies (CBDCs), faces challenges including corruption scandals and slow adoption due to entrenched online payment giants like Alipay and Wechat Pay. The downfall of Yao Qian, a leading architect of the e-CNY, over...
China Prepares for Western Sanctions With Russia’s Economic Blueprint
1.12.2024
China is closely studying Russia’s strategies for countering Western sanctions, viewing the situation as a model for preparing against similar economic measures in case of a Taiwan conflict. Beijing has reportedly formed an interagency group to analyze Russia’s experiences, from foreign...
How Trump's Tariffs Could Cost Gamers Billions
27.11.2024
In mid-2019, then-President Donald Trump threatened to extend existing tariffs on industrial components and other goods to popular consumer products like iPhones, laptops, and video game consoles. The big three—Microsoft, Sony, and Nintendo, long-time competitors in the gaming space—rallied...
Trade War: As Trump Threatens China With 10% Tariffs, Asian Giant Prepares Countermeasures
26.11.2024
The recent announcement of the enactment of additional tariffs for China has raised alerts about the possible measures the Asian giant can take against Trump’s actions. China has been preparing for this outcome, designing similar actions to hurt the U.S.’s products entering China....
China Unearths Massive Gold Veins That Could Reshape Global Markets
25.11.2024
A major gold discovery in China’s Hunan Province, valued at $83 billion and containing over 40 gold veins, is anticipated to influence global markets significantly. Gold Veins Unearthed in China Could Transform Global Markets A vast gold deposit with reserves exceeding 1,000 tonnes has been...
Bitcoin ETFs see $2.4B inflows as China ETFs hit record outflows
23.11.2024
Bitcoin’s price action has historically benefited from economic concerns and issues in the banking industry
Trump Effect: China Considering Backpedaling on Bitcoin Policy
22.11.2024
Reports indicate that China is considering changing its negative stance toward bitcoin and cryptocurrency, as the next U.S. administration adopts a more open policy toward the cryptocurrency industry. This shift would be a direct result of President Trump’s support for crypto. China...
Bitcoin’s $100K push wakes taxman, Vitalik visits real Moo Deng: Asia Express
21.11.2024
Bitcoin’s surge fuels crypto tax talks, BTC a commodity in china but judge warns of legal risks, Vitalik Buterin meets Moo Deng: Asia Express
Chinese Court Orders Refund in Controversial Crypto Contract Dispute
21.11.2024
A Shanghai court ordered a partial refund after ruling a token fundraising contract illegal, citing violations of Chinese financial regulations. Token Fundraising Faces a Major Setback in a Shanghai Court Judgment The Shanghai High Court published details on Wechat Monday about a crypto-related...
Shanghai judge says cryptocurrency is a commodity, legal to own
20.11.2024
Shanghai Judge Sun Jie calls virtual currency a commodity with property attributes in a commentary on a 2017 business dispute
US needs ‘Manhattan Project-like’ AI plan to vie with China, says gov commission
20.11.2024
Among specific recommendations, the USCC wants the US Secretary of Defense to mark AI projects with the highest national priority designation
Hashkey CEO: Trump’s Crypto Push Could Force China to Pivot
15.11.2024
Xiao Feng, CEO and Chairman of Hashkey, one of the few licensed crypto exchanges in Hong Kong, believes that Trump’s support for the cryptocurrency sector could accelerate a pivot from anti-crypto policies in China. Hashkey CEO: China Might Pivot Its Anti-Crypto Policies Following...
Crypto spy jailed for life in China, YouTuber accused of $230M fraud: Asia Express
14.11.2024
Chinese public servant jailed for for selling state secrets for crypto, and Korean YouTuber accused of fleecing $230M from 15,304 followers
Crypto spy jailed for life in China, YouTuber accused of $230M fraud: Asia Express
14.11.2024
Chinese public servant jailed for for selling state secrets for crypto, and Korean YouTuber accused of fleecing $230M from 15,304 followers