Why Hong Kong has grown into a crypto hub — CEO of WOW Summit
“Hong Kong’s ‘one country, two systems’ framework lets it explore digital asset innovation more freely,” Ivan Ivanov told Cointelegraph. Go to Source
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Bitcoin ETF ads spotted on China’s Alipay payment app
Alipay’s mainland Chinese users spotted an ad inviting them to invest up to $137 daily in a fund with indirect exposure to a US spot Bitcoin ETF and Coinbase. Go to Source
Crypto Myth Debunked? There’s No Evidence China Owns 194,000 Bitcoin
Last week, Bitcoin.com News dropped an editorial that spilled the beans on all the governments clutching bitcoin, whether they snagged it through criminal busts or by mining or buying it. In the piece, we noted that China might be sitting on a stash of over 190,000 bitcoins, and our report also threw in that this … Read more
Ray Dalio predicts global debt crisis, backs Bitcoin, gold
Bridgewater Associates founder Ray Dalio referred to Bitcoin as a hard asset, saying he would choose BTC and gold over debt assets. Go to Source
Bitcoin Hits 100K, XRP Wobbles, and More — Week in Review
Bitcoin hits $100K, XRP wobbles but won’t fall, certain meme coins are in the crosshairs, and more in this Week in Review. Week in Review This week marked a historic milestone for cryptocurrency as bitcoin crossed the $100,000 threshold. Despite a recent dip to $2.25, XRP remains the third-largest cryptocurrency, showcasing impressive weekly (56%) and … Read more
China’s Digital Yuan Faces Uphill Battle With Corruption Scandals and Sluggish Adoption
China’s digital yuan (e-CNY), once a frontrunner in central bank digital currencies (CBDCs), faces challenges including corruption scandals and slow adoption due to entrenched online payment giants like Alipay and Wechat Pay. The downfall of Yao Qian, a leading architect of the e-CNY, over cryptocurrency-related bribery allegations, has intensified scrutiny of its rollout. While cumulative … Read more
Trade War: As Trump Threatens China With 10% Tariffs, Asian Giant Prepares Countermeasures
The recent announcement of the enactment of additional tariffs for China has raised alerts about the possible measures the Asian giant can take against Trump’s actions. China has been preparing for this outcome, designing similar actions to hurt the U.S.’s products entering China. Trump’s Tariff Announcement Puts China in the Brink of Trade War The … Read more
China Unearths Massive Gold Veins That Could Reshape Global Markets
A major gold discovery in China’s Hunan Province, valued at $83 billion and containing over 40 gold veins, is anticipated to influence global markets significantly. Gold Veins Unearthed in China Could Transform Global Markets A vast gold deposit with reserves exceeding 1,000 tonnes has been discovered in Hunan Province, central China, as confirmed by the … Read more
Trump Effect: China Considering Backpedaling on Bitcoin Policy
Reports indicate that China is considering changing its negative stance toward bitcoin and cryptocurrency, as the next U.S. administration adopts a more open policy toward the cryptocurrency industry. This shift would be a direct result of President Trump’s support for crypto. China Considering Pivot on Its Bitcoin Strategy Due to President Trump’s Ideas The new … Read more
Chinese Court Orders Refund in Controversial Crypto Contract Dispute
A Shanghai court ordered a partial refund after ruling a token fundraising contract illegal, citing violations of Chinese financial regulations. Token Fundraising Faces a Major Setback in a Shanghai Court Judgment The Shanghai High Court published details on Wechat Monday about a crypto-related case highlighting the legal complexities of virtual currency activities in China. The … Read more