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A fake browser extension mimicking cryptocurrency exchange OKX has infiltrated the Firefox browser store. On Jan. 8, OKX’s official Chinese X account issued a warning about a malicious browser extension listed on the Firefox plugin store, clarifying that the company…
Feature
On the eve of 2025, the Chinese government released new laws heavily hurdling cryptocurrency circulation in mainland China. This was by far not the first attack on crypto by China. Is China a role model for other governments that don’t…
BTC
Bitcoin
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China’s new rules require banks to flag risky transactions, including those involving crypto, making it harder for mainland investors to trade digital assets. China‘s foreign exchange regulator, the State Administration of Foreign Exchange, has rolled out new rules requiring banks…
News
CEO of Daiwa Securities believes Japan should allow for crypto exchange-traded funds to enter the local market. Daiwa is one of the many companies pushing for Japan to approve crypto ETFs. According to a Bloomberg report published on Dec. 24,…
Opinion
Digital identity is one of the world's most significant technology trends, and governments worldwide recognize their strategic advantages.
News
Bybit CEO Ben Zhou said that mainland Chinese users can use a virtual private network to trade crypto on the platform, though it will not support yuan trading any time soon. According to a report by South China Morning Post,…
News
China’s digital yuan adoption faces “bottlenecks” due to user reluctance and competition from platforms like Alipay, says Charles Chang, a director at a Shanghai-based university. China‘s central bank digital currency — also known as the digital yuan — is still…
News
Donald Trump wants to impose tariffs of 25% on all trade products coming from Canada and Mexico as well as an additional 10% on Chinese goods. How will Trump’s tariffs affect the crypto market? In a Nov. 26 post on…
BTC
Bitcoin
News
Huobi's Heco Chain announces retirement, urging users to redeem HRC20 assets before Jan. 10, 2025.
HT
Huobi
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The Shanghai High Court has ruled that cryptocurrencies possess “property attributes” under Chinese law, affirming their value as virtual commodities. However, the court upheld China’s strict prohibition on using crypto for commercial activities such as token issuance and speculative trading,…
News
A Chinese national has pleaded guilty to laundering $73 million linked to crypto scams through multiple shell companies in the United States. According to a Nov. 12 announcement from the Department of Justice, the accused Daren Li, a dual citizen…
News
HashKey’s Xiao Feng believes Trump’s crypto stance may prompt China to accelerate its adoption of cryptocurrencies. U.S. President-elect Donald Trump’s pro-crypto policy may eventually prompt China to reconsider its stance on digital assets, HashKey Group chairman Xiao Feng told the…
News
Hangzhou-based fabless integrated circuit design company Nano Labs has begun accepting Bitcoin as payment for its products via a business account on Coinbase. Nano Labs, a cryptocurrency-mining chip designer based in Hangzhou, Zhejiang province, said in a press release on…
BTC
Bitcoin
News
Flare has partnered with Red Date Technology to introduce a new identity verification system for Mainland Chinese visitors in Hong Kong. The system, which uses decentralized identity technology, allows users to go through KYC checks while keeping their personal information…
News
A Chinese man convicted of espionage and allegedly receiving more than 1 million yuan through cryptocurrency has been sentenced to life in prison. The People’s Court sentenced Wang Momou to life imprisonment after finding him guilty of espionage, according to…
News
The People’s Bank of China has developed a digital yuan visual hard wallet, showcasing dynamic QR codes and offline payments. China is moving forward with the adoption of its central bank digital currency — also known as the digital yuan…
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