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Chinese national Zhimin Qian has been convicted of illegally acquiring and possessing 61,000 BTC after five years of allegedly ‘evading justice.’ The woman has been known as the goddess of wealth in China due to her crypto-related schemes. According to…
BTC
Bitcoin
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Hong Kong financial regulators warn investors to remain cautious of unapproved yuan-backed stablecoins, stating it has not issued any licenses for stablecoin issuers. According to a recent report by the SCMP, the Hong Kong Monetary Authority have cautioned local investors…
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Jiuzi is planning to deploy a billion-dollar corporate treasury mandate into a trio of digital assets, a move guided by new COO Dr. Doug Buerger.
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Wall Street opened higher on Friday, with the major gauges eyeing fresh record highs as President Donald Trump and Xi Jinping held talks over the U.S.-China trade standoff. The Dow Jones Industrial Average jumped 100 points, while the S&P 500…
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China’s Next Technology Holding is seeking to expand its already sizable Bitcoin treasury with a plan to raise up to $500 million through a new stock offering. Next Technology Holding on 15 September, filed with the U.S. Securities and Exchange…
BTC
Bitcoin
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Chairman of the Hong Kong Institute of Accountants and Financial Reporting, Sun Deji, said that he expects the government to wait a little longer before publishing guidelines on how to audit stablecoins. According to a report by local media Sing…
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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…
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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…
VENOM
Venom
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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…
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Chinese state-owned firm Futian Investment Holding issued its RWA bond on the Ethereum blockchain.
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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…
SOL
Solana
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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…
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