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Chinese regulators have instructed major banks to reduce their holdings of U.S. Treasuries, aiming to shield the financial system from dollar risks and market volatility. A Dwindling Stockpile In what…
This weekend, the Bitcoin network logged its steepest difficulty cut since July 3, 2021—a moment that followed China’s sweeping ban on mining and trading, which triggered a sharp market sell-off…
The statements of U.S. Treasury Secretary Scott Bessent awakened concerns about a Chinese initiative to back a digital gold token to undermine American leadership in digital finance and establish a…
China has doubled down on its hardline crypto stance, issuing a fresh multi-agency directive that tightens enforcement and explicitly bans unauthorized overseas token issuance and yuan-linked stablecoins, Bloomberg reported on…
In 2025, Chinese-language money laundering networks processed $16.1 billion in illegal crypto, nearly 20% of the global underground economy. Telegram Channels as Laundering Hubs Chinese-language money laundering networks funneled an…
China’s President Xi Jinping advocates for a strong currency that will allow the country to challenge the dollar’s dominance in international trade and rival its position as a global reserve currency. Xi’s…
The illicit on-chain money laundering ecosystem has expanded sharply over the past five years and has grown from just $10 billion in 2020 to more than $82 billion in 2025,…
China has fixed the yuan at its strongest level since 2023, betting on continued U.S. policy that keeps the dollar weak. According to Xinhua, the currency has stayed below the…
According to a Reuters report citing data compiled by the Atlantic Council, a Washington-based think tank that tracks central bank digital currencies ( CBDCs) and their expansion, China’s CBDC, known…
In its recent visit to China, Canada’s Prime Minister Mike Carney reached a series of agreements that seek to forge a commercial alliance between the two countries. Canada now seeks…