The social media rumor mill once again started circulating news of a supposed fresh Chinese ban on all crypto assets. Summary Rumors …
China
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Feng, a former employee of a short video platform, defrauded the company of 140 million yuan (about $19 million) by collaborating with …
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Regulation
China Merchants Bank’s Brokerage Arm Secures Hong Kong Virtual Assets License: Report
by shayaanby shayaanChina Merchants Bank’s (CMBI) brokerage arm has attained a virtual assets license from Hong Kong, becoming the first Mainland China broker to …
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The United States holds the first spot in terms of Bitcoin’s raw computational power, with 323.4 exahashes per second (EH/s). On the …
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Mining
Q3 Bitcoin Mining Map Exposes Silent Surge in Russia, China, While US Dips Slightly
by shayaanby shayaanAs the second quarter of 2025 wound down, the U.S. held onto its top spot for the highest share of Bitcoin hashrate—though …
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Circle, the issuer of the USDC stablecoin, is reportedly exploring a partnership with Ant Group to extend its presence into China, according …
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Finance
China pushes Shanghai’s digital yuan model to national free trade zones
by shayaanby shayaanThe People’s Bank of China is taking steps to expand its digital yuan project, starting with its free trade zones. On Friday, …
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Mainland China chipmaking capacity is accelerating, now poised to become the world’s leading semiconductor foundry hub by 2030, and overtaking Taiwan in …
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Mining
Bitcoin Hashprice Nears 5-Month High After Record Difficulty Drop Since China Ban
by shayaanby shayaanBitcoin’s hashprice has surged to its highest level since early February, rising above $58.5/PH/s following a 7.4% decline in network difficulty—the steepest …
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Regulation
‘If We Didn’t Have It, China Would’: Trump Expresses Support for US Crypto Industry, Dodges Question About His Personal Holdings
by shayaanby shayaanUS President Donald Trump on Friday avoided directly commenting on the controversy surrounding his family’s crypto holdings. At a White House press …