CNHC stablecoin issuer detained by Chinese police: Report
KuCoin Ventures and Circle Ventures are among the investors in the Chinese offshore yuan-pegged stablecoin, which is reportedly under investigation in China. Go to Source Powered by WPeMatico
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Beijing releases white paper for web3 innovation and development
Hong Kong’s crypto regulations coinciding with the white paper released in Beijing pique interest. Go to Source Powered by WPeMatico
Why have Bitcoin and crypto lost 60% of their market cap since their all-time highs?
Cointelegraph analyst and writer Marcel Pechman explains why the cryptocurrency market has lost 60% of its market cap, with the S&P 500 only about 15% from its all-time high. Go to Source Powered by WPeMatico
Chinese city releases policy draft for metaverse industry development
The policies include a series of cash benefits to attract metaverse-related companies to set up shop in the city. Go to Source Powered by WPeMatico
Chinese state media removes video on crypto after Binance CEO calls it ‘big deal’
Although China has maintained a hostile stance against crypto, the recent developments in Hong Kong got many to speculate about its impact on China. Go to Source Powered by WPeMatico
China Central Television airs crypto segment in rare move
CCTV programming has an audience of over 1 billion within Mainland China. Go to Source Powered by WPeMatico
Chinese city launches govt-backed metaverse platform
The platform aims to consolidate the resources of academic institutions and enterprises in China and bolster research efforts in areas related to the metaverse. Go to Source Powered by WPeMatico
CBDCs on the horizon: The current state of CBDC initiatives around the world
Central bank digital currencies gain traction as countries worldwide engage in their development despite skepticism from the crypto community. Go to Source Powered by WPeMatico
Stablecoin survival: Navigating the future amid global de-dollarization
The stablecoins with the largest market cap are pegged to the U.S. dollar, so what risk does de-dollarization pose to stablecoin users? Go to Source Powered by WPeMatico
China state-owned Greenland to apply for Hong Kong virtual asset trading license
The real estate developer’s fintech unit already has a digital banking license in Singapore; “We are ready to step into Hong Kong,” CEO says. Go to Source Powered by WPeMatico