China

Highlights: Pete Hegseth confirmed the Pentagon is running classified crypto efforts inside the department. Hegseth agreed that Bitcoin can serve as a power projection tool and said he has long supported crypto. Lawmakers say Bitcoin has moved from a fringe […]

Highlights: Jeremy Allaire said a yuan-backed stablecoin could support China’s future role in global payments. He said digital stablecoins may help currencies compete better in global trade and cross-border payments. Allaire also noted rising demand for USDC as global tensions […]

Highlights: China has banned crypto and says all related trading and services are illegal under financial law. The central bank set January 1, 2026, as the start date for a new digital currency system after years of testing. Regulators also […]

Highlights: China will let banks pay interest on digital currency wallets to support wider everyday use. Regulators will tighten control by enforcing full reserves on the digital yuan. Authorities will expand the use across borders as it reviews yuan-backed stablecoin […]

Highlights: China’s central bank has reaffirmed the stablecoin ban to prevent financial crime. New measures target crypto speculation and capital outflow. Officials stress risks of using virtual currencies as market payments. A high-level meeting on November 28 saw China’s central […]

Highlights: China’s Bitcoin mining grows again after years of ban and shutdown. Miners restart in Xinjiang and Sichuan using cheap electricity and extra power. Small policy easing and extra data centers boost Bitcoin mining activity. China’s Bitcoin (BTC) mining activity […]

Highlights: Trump says U.S. aims to be the world’s Bitcoin superpower and crypto capital. He claims ending the federal “war on crypto” strengthens America’s financial position. Warns that China and other nations could take the lead if the U.S. does […]

Highlights: People’s Bank of China warns that stablecoins and digital currencies could threaten global financial stability. He highlighted that many digital currencies lack proper customer checks, increasing money laundering risks. China continues to implement strict policies to control cryptocurrency trading […]

Highlights: The crypto market crashed 10% after Trump announced 100% tariffs on Chinese imports. Over 1.6 million positions liquidated, erasing $19.31 billion across major crypto exchanges. Binance users faced delays as trading volume surged during the market crash. Crypto markets […]

Highlights: The SEC is aggressively pursuing U.S. companies involved in China-related stock manipulation schemes. Nasdaq raises listing thresholds and enforces faster delisting to prevent IPO fraud. Experts warn new task force may spread resources thin, limiting enforcement effectiveness. The United […]

Highlights: Zhou warned that stablecoins pose risks as China considers launching a yuan-backed token. He stressed that stablecoins bring limited efficiency gains compared to risks for payment systems. Reports suggest China may permit yuan-backed stablecoins, contrasting with its strict anti-crypto […]

Highlights: China eyes yuan-backed stablecoins to accelerate currency adoption. Stablecoins could boost China’s role in cross-border trade. U.S. regulatory changes pressure China to shift its crypto stance. China is preparing to make a new step in expanding its worldwide financial […]