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Latest China News

News
China-based fashion company MOGU saw its stock reach above 80% after it announced to investors that it would allocate $20 million to add crypto assets to its balance sheet. Why did the company decide to invest in crypto? According to…

News
Ant Digital, the tech arm of Jack Ma’s Ant Group, is tokenizing $8.4 billion worth of energy assets to create a globally accessible green energy market. China’s biggest multinational firm is quietly moving to put energy infrastructure valued at over…

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Chinese media report that one of the country’s leading fintech companies is negotiating the acquisition of technological solutions from the Abu Dhabi–based Venom Foundation. Sources familiar with the matter say the goal is to integrate Venom’s blockchain infrastructure into China’s…


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Galaxy Digital CEO Michael Novogratz believes AI agents will be the biggest users of stablecoins, as AI and crypto become much more interconnected overtime. In an interview with Bloomberg TV, Michael Novogratz predicted what the stablecoin market would be like…

News
Chinese state-owned firm Futian Investment Holding issued its RWA bond on the Ethereum blockchain.

Feature
A lot was said about how the U.S. economy can benefit from USD-pegged stablecoins, especially now, when the GENIUS Act provides a clearer framework for the issuers. But can other countries benefit from issuing stablecoins pegged to their respective national…

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China yuan-backed stablecoin

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CMB International Asset Management and DigiFT launched the CMB International USD Money Market Fund as a tokenized product on Solana, Ethereum, Arbitrum, and Plume. CMB International Asset Management and Singapore-based licensed RWA exchange DigiFT have launched the CMB International USD…

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Chinese regulators are reportedly clamping down on the growing hype around stablecoins, ordering firms to stop promotions around the subject. According to an August 8 Bloomberg report, financial regulators in China have instructed companies to cancel seminars and halt all…

News
Insiders say China plans to launch renminbi-backed stablecoins in an effort to combat the U.S. dollar. However, the launch is held back by capital outflow concerns. In a recent article by the Financial Times, its been revealed that Chinese officials…

News
China’s national security agency is calling out the growing trend of projects collecting sensitive biometric data like iris scans in exchange for digital assets. In a public advisory issued through its official WeChat account on August 6, China’s Ministry of…


News
Rumors of a fresh Chinese ban on crypto seem to resurface every year.

News
U.S. stocks are mixed as initial enthusiasm over the U.S.-EU trade deal died down.

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A Beijing court has sentenced seven people over a crypto laundering case involving $20 million in stolen funds, raising fresh questions about how China might tighten its stance on digital assets. According to local reports, at the center of the…

Opinion
While politicians do their politicking and regulators do their regulating, crypto users should keep calm and carry on.