Hong Kong’s financial sector is grappling with an unprecedented surge of interest in real-world asset (RWA) tokenization as mainland Chinese institutions pour …
Chinese
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Finance
Swiss Bank UBS Reports Overseas Chinese Wealth Offices Are Allocating 5% into Crypto
by shayaanby shayaanFamily offices in Asia are raising crypto allocations with plans to invest up to 5% of portfolios. Institutional trading in Hong Kong …
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China’s local legislature has formally declined to create local rules for disposing of seized cryptocurrency. Instead, it called for national-level regulations from …
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Finance
US Subsidiary of Early Chinese Game Dev Snail Digital Explores Stablecoin
by shayaanby shayaanSnail, Inc., the publicly traded U.S. subsidiary of one of the first online video game developers in China, said it plans to …
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Analysis
Chinese Investors Sell Off Massive Amounts of Gold, Pivot Into This Asset Class As Bullion Prices Stall: Report
by shayaanby shayaanChinese investors are reportedly hawking gold and appear to be pivoting into local equities. New data from Bloomberg indicates China’s four major …
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Smart Contracts
Chinese Exec Jailed for Laundering $19.5M Through Crypto Mixers, Exchanges
by shayaanby shayaanIn short Authorities have reclaimed more than 90 BTC, with a value of around $ 11 million. Public Prosecutors said the funds …
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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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Finance
Critical Moments in the US-China Trade War, According to Chinese Sources, Tariffs to Be Extended for Another 90 Days – Here Are the…
by shayaanby shayaanThe United States and China are expected to decide to extend the current tariff rates they have imposed on each other for …
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Finance
I Went to Chinese Billionaire Justin Sun’s Tron Office in Florida—Here’s What I Found
by shayaanby shayaanAt Tron’s principal place of business in Winter Park, Florida, there are no apparent signs of Chinese crypto mogul Justin Sun or …
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According to a Friday report by Reuters, the State-owned Assets Supervision and Administration Commission of the State Council (SASAC), a Shanghai regulator, …