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The People’s Bank of China said stablecoins could play a larger role in cross-border payments and called for closer monitoring of their impact on the international monetary system and global payment networks. According to remarks delivered by Wang Xin, director-general…
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Ant International has weighed a $1 billion fundraising round at a valuation of at least $10 billion as the Singapore-based fintech unit posts eight straight quarters of profitability and expands its cross-border payments business. According to Bloomberg, Ant Group’s overseas…
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The U.S. has added Alibaba, Baidu, and BYD to a Pentagon list of Chinese companies tied to Beijing’s military. The update also names several chip, biotech, robotics, and telecom firms operating in the United States. The list does not impose…
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China’s top security authority has warned developers about risks linked to AI relay services that provide access to overseas models. The Ministry of State Security said some platforms could expose user information and enable unauthorized cross-border data transfers. The warning…
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A Chinese court jailed a man for 10 years and nine months after he memorized a seed phrase, stole 107 Bitcoin and took 660,000 yuan in cash.
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Coinbase CEO Brian Armstrong has turned the U.S. crypto policy fight into a national competitiveness argument by saying rivalry with China could strengthen America. Armstrong said competition with China “might be the best thing to happen to America since the…
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China’s top court officials have signaled fresh scrutiny of cryptocurrency-related disputes after authorities said they would study judicial rules for cases involving virtual currencies and cross-border finance. According to comments made during a Wednesday press conference in Beijing, Liu Guixiang,…
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While crypto Twitter argues about Bitcoin versus Ethereum, two superpowers are quietly running a different race. The United States is using dollar-backed stablecoins to extend the dollar’s reach into every corner of the digital economy. China is using its e-CNY…
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Circle stock draws fresh attention as Duan Yongping buys 200,000 CRCL shares, adding stablecoin exposure to a $20b portfolio in Q1 2026 now.
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China, US, and UAE police dismantled 9 Dubai fraud dens and arrested 276 suspects accused of running online crypto romance scams in the UAE.
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Trump and Xi may put AI risk talks on their May 14-15 Beijing summit agenda, US media reports said. The US and China are considering launching formal AI dialogue channels ahead of the Trump-Xi summit scheduled for May 14 and…
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Taiwanese prosecutors have indicted a television news anchor on allegations of receiving cryptocurrency payments from a Chinese operative to produce politically influenced content and obtain classified military information from serving and former officers. According to the Taiwan Ciaotou District Prosecutors’…
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Box Elder County commissioners approved Kevin O’Leary’s 9GW Stratos AI campus in Utah on May 4, amid loud public protests from hundreds of local residents. Box Elder County commissioners in Utah voted unanimously on May 4 to approve the Stratos…
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New York secured a $5M Uphold settlement over CredEarn, saying users were misled on crypto savings risks and false insurance claims in 2020.
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Defense Secretary Pete Hegseth told the House Armed Services Committee on April 30 that the Pentagon is running classified Bitcoin programs on two operational tracks — enabling the technology and countering it — and that those efforts provide the United…
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A Chinese court has ruled that companies cannot legally dismiss employees solely to replace them with cost-saving artificial intelligence tools, setting a clear boundary on how far firms can go in using automation to reduce labour costs. On April 30,…
