Chinese authorities have arrested 16 individuals suspected of operating a cryptocurrency money-laundering network linked to telecom fraud, according to a report by …
China
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Chinese courts have sentenced five Sifang payment platform operators to between three and six years in prison over a gambling network that …
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Coinbase Global stock has climbed more than 2% after the crypto exchange reportedly simplified its account registration process for users in mainland …
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Regulation
China proposes new legal framework for virtual currency money laundering cases
by shayaanby shayaanChina has proposed a series of judicial and procedural reforms to strengthen investigations, evidence handling and asset recovery in virtual currency money …
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Regulation
Trump Warns China Would Seize Crypto Lead if US Steps Back From Industry
by shayaanby shayaan“ Crypto is the same thing,” Trump remarked, referring to comparisons with artificial intelligence. “If we didn’t do it, China would do …
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Scams
ByteDance and Alibaba to Pull Agent Features as China Cracks Down on Humanlike AI
by shayaanby shayaanIn brief ByteDance’s Doubao and Alibaba’s Qwen are disabling humanlike agent features ahead of Beijing’s Interim Measures for the Administration of AI …
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Scams
China Has Its Own Mythos Now, Says Qihoo 360 Founder. And One Version Is Free
by shayaanby shayaanIn brief 360 founder Zhou Hongyi unveiled “Tulong Feng” at ISC.AI 2026, claiming it is China’s answer to Anthropic’s Mythos Z.ai’s GLM-5.2, …
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Finance
China Trims US Treasury Holdings to $651.1 Billion, Hitting an 18-Year Low
by shayaanby shayaanChina Sheds US Treasuries Amid Geopolitical Uncertainty and Federal Reserve Independence Concerns China, one of the largest economies, reduced its U.S. Treasury …
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Regulation
Congress to Probe Whether Crypto Can Challenge China and Russia’s Grip on Financial Freedom
by shayaanby shayaanHouse Roundtable Will Review Digital Assets and Repressive Financial Systems A congressional announcement issued June 18 scheduled a June 25 roundtable on …
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Regulation
Coinbase CEO Brian Armstrong warns China could win if US crypto rules stall
by shayaanby shayaanCoinbase CEO Brian Armstrong has turned the U.S. crypto policy fight into a national competitiveness argument by saying rivalry with China could …