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China Discovers ‘Largest’ Undersea Gold Deposit in Asia as State Mining Ambitions Expand

China says it has uncovered Asia’s largest undersea gold deposit, a massive offshore find that strengthens domestic supply, reshapes regional resource rankings, and highlights Beijing’s accelerating push to secure strategic…

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China’s Mining Crackdown Drives Bitcoin Hashrate to Three-Month Low

Bitcoin miners in China’s Xinjiang province are unplugging following another crackdown by Beijing this week. As many as 400,000 mining machines have already gone offline, causing a slump in hashrates.…

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China Strikes First: Domestic AI Chips Trump Nvidia in Procurement Power Play

China has reportedly added domestic AI chips to its government procurement list for the first time. This move signals Beijing’s determination to strengthen local semiconductor capacity and reduce reliance on…

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

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…

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Beijing Strengthens Prohibitive Stance on Crypto Speculation as Risks Grow

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…

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Ethereum DAT Ambitions of China’s Crypto Heavyweights Collapse Amidst Bleak Market Signals

China’s prominent crypto figures have quietly shelved a high-profile effort to create a $500 million Ethereum Digital Asset Treasury (DAT) firm, halting the initiative after months of planning amid a…

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Bitcoin Tumbles to $94K Again: $1B in BTC Hit Exchanges While US-China Trade Deal Nears

After a day and a half of calmness and apparent price stability, bitcoin has slipped once again on Sunday afternoon despite some bullish news coming on the US-China trade deal…

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