China

Auto Added by WPeMatico

People’s Bank of China Still Combating Virtual Currency, Stablecoin Trading

by

Chinese financial regulators reaffirm strict stance against cryptocurrency activities, emphasizing their illegal status and potential financial risks. On November 28, 2025, the People’s Bank of China convened a coordination meeting involving multiple government agencies, including the Ministry of Public Security, Cyberspace Administration, and financial regulatory bodies. The meeting addressed the recent resurgence of virtual currency … Read more

Beijing Strengthens Prohibitive Stance on Crypto Speculation as Risks Grow

by

China’s top financial and law enforcement agencies recently convened a high-level meeting to reaffirm and strengthen the nation’s total prohibitive stance on cryptocurrencies. Reaffirming the Prohibitive Policy China’s top financial and law enforcement agencies have convened to reaffirm and strengthen the nation’s prohibitive stance on cryptocurrencies, warning that speculative activity has resurfaced and poses new … Read more

UAE and China Complete Landmark Transaction Using Digital Dirhams

by

The government of the UAE completed the first transaction using digital dirhams, its CBDC, to make a cross-border payment to China. The development, which leveraged the Mbridge platform, opens new horizons for cooperation, said the UAE Vice President Sheikh Mansour. UAE Enters The Digital CBDC Age: Completes Landmark Transaction Using Digital Dirham The Facts The … Read more

China Steadies US Treasury Exposure as Debt Balloons Over $38 Trillion

by

While China’s holdings of U.S. Treasuries ticked up slightly in August and September, the broader outlook for 2025 remains unchanged. China continues a steady retreat from U.S. debt instruments amid concerns about its growth. China’s U.S. Treasury Figures Hold Steady, Overall ‘Derisking’ Policy Continues The Facts The figures of U.S. Treasuries held by China have … Read more

China Accuses US of State-Level Cyber Theft in Massive Bitcoin Seizure

by

China has reignited cyber tensions with the U.S. after unveiling claims that Washington played a covert role in one of the largest bitcoin seizures in history, exposing fresh fault lines in global digital power dynamics. China Accuses US of Hidden Role in Massive Bitcoin Seizure China’s cyber authorities have heightened tensions with Washington after alleging … Read more

Pig‑Butchering Crime Syndicate Sentenced to Death in China

by

Shenzhen court sentences leaders of a “pig‑butchering” fraud syndicate to death amid large‑scale criminal findings. The Shenzhen Intermediate People’s Court in Guangdong convicts leaders of the Bai family criminal syndicate—linked to “pig‑butchering” romance scams—and sentences Bai Suocheng, Bai Yingcang, Yang Liqiang, Hu Xiaojiang and Chen Guangyi to death, with additional defendants receiving death with two‑year … Read more

Hong Kong and Mainland Investors Signal Strong Demand for Tokenized Funds, Study Finds

by

Major study finds 61% of retail investors in Hong Kong and the Chinese Mainland plan to increase allocations to tokenized funds. A joint study by Aptos Labs and Boston Consulting Group (BCG), published October 28, 2025 in Hong Kong, finds 61% of retail fund investors in Hong Kong and the Chinese Mainland plan to double … Read more

Peter Schiff Warns US–China Trade Deal Won’t Stop De-Dollarization or Soaring Deficits

by

Peter Schiff cautioned that market enthusiasm, fueled by renewed U.S.-China trade optimism, hides deeper strains, with rising deficits, stubborn inflation, and accelerating de-dollarization undermining confidence in America’s long-term economic foundation. Peter Schiff Warns of Dollar Crisis Despite Trade-Driven Market Surge Global financial sentiment appeared volatile as markets responded to optimism over renewed U.S.-China trade discussions. … Read more

Russia Hits 95% De-Dollarization in Settlements With China and India

by

Russia’s accelerating shift away from the U.S. dollar is shaking up global finance, with nearly all trade between Moscow, China, and India now conducted in national currencies—reshaping energy markets and propelling a new era of multipolar economic power. 95% of Russia’s China and India Trade Now Bypasses Dollar Systems Russia’s increasing pivot toward de-dollarization is … Read more

Chinese Tech Giants Pause Hong Kong Stablecoin Plans After Beijing Intervention

by

Chinese technology groups including Ant Group and JD.com have paused plans to issue stablecoins in Hong Kong after regulators in Beijing, notably the People’s Bank of China and the Cyberspace Administration of China, advised against moving forward. The Financial Times reported that the companies had expressed interest in Hong Kong’s pilot stablecoin program and tokenized … Read more