China

Highlights: China central bank official urged regulators to monitor stablecoins’ impact on payments and monetary systems. Wang Xin said safer, more connected payment systems are needed as cross-border finance grows. He also called for deeper study of CBDCs and stronger […]

Highlights: China’s top court will study clearer rules for virtual currency-related legal disputes. The move focuses on legal clarity, not reopening crypto trading or changing China’s strict policy. Courts also aim to protect investors, punish financial crimes, and support the […]

Highlights: China, the US, and the UAE conducted their first-ever joint crackdown on cross-border crypto fraud. Authorities dismantled nine fraud dens and arrested 276 suspects during the Dubai-based operation. Police plan to deepen global cooperation and continue shutting down telecom […]

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 […]