Circle CEO Jeremy Allaire told Reuters in Hong Kong that there is a “tremendous opportunity” for a yuan-backed stablecoin, predicting China could …
China
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Mining
68% of global BTC miners came from the U.S., Russia, and China, Q1 2026
by shayaanby shayaanBitcoin ($BTC) hashrate remained largely dominated by the top three countries in the first quarter of 2026. During the first three months …
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Mining
Washington moves to cut China out of the machines powering US Bitcoin mining
by shayaanby shayaanAmerica holds roughly 38% of global Bitcoin mining capacity, and the specialized hardware powering that position comes overwhelmingly from Chinese manufacturers. Senators …
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Finance
Emil Michael: US military involvement in Iran is likely by year-end, leveraging actions in Iran and Venezuela for China negotiations, and China’s economic dependence on oil could influence its Taiwan strategy
by shayaanby shayaanKey takeaways There is a significant chance of US military involvement in Iran by the end of the year. The US aims …
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President Xi Jinping’s China is back out front telling foreign companies to come in, sell more, build more, and worry less. On …
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Finance
Report Recommends China to Shed US Treasuries as Yuan Internationalization Grows
by shayaanby shayaanA report issued by Renmin University’s International Monetary Institute argues against maintaining large foreign exchange reserves, mainly U.S. Treasuries, as the yuan …
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Finance
China Continues to Pursue Yuan Internationalization for Cross Border Payments
by shayaanby shayaanThe People’s Bank of China is pushing to make the renminbi, popularly known as the yuan, an efficient international currency for international …
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Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ …
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Regulation
China extends crypto ban to stablecoins, tokenized real-world assets
by shayaanby shayaanMainland China widens its crypto ban to cover RMB-pegged stablecoins and tokenized real-world assets, even as Hong Kong pushes ahead with a …
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Bitcoin ($BTC) is currently facing drawdowns in multiple metrics, with on-chain data showing a significant crash in its mining difficulty. Per an …