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China’s digital yuan (e-CNY), once a frontrunner in central bank digital currencies (CBDCs), faces challenges including corruption scandals and slow adoption due to entrenched online payment giants like Alipay and…
The recent announcement of the enactment of additional tariffs for China has raised alerts about the possible measures the Asian giant can take against Trump’s actions. China has been preparing…
A major gold discovery in China’s Hunan Province, valued at $83 billion and containing over 40 gold veins, is anticipated to influence global markets significantly. Gold Veins Unearthed in China…
Bitcoin has been very popular in the United States, Europe, the Middle East, and Latin America. The cryptocurrency has also enjoyed great success in neighboring South Korea and Japan. Cryptocurrency…
Reports indicate that China is considering changing its negative stance toward bitcoin and cryptocurrency, as the next U.S. administration adopts a more open policy toward the cryptocurrency industry. This shift…
A Shanghai court ordered a partial refund after ruling a token fundraising contract illegal, citing violations of Chinese financial regulations. Token Fundraising Faces a Major Setback in a Shanghai Court…
Xiao Feng, CEO and Chairman of Hashkey, one of the few licensed crypto exchanges in Hong Kong, believes that Trump’s support for the cryptocurrency sector could accelerate a pivot from…
Chinese fabless integrated circuit design company Nano Labs has announced that it has opened a Coinbase account and begun accepting Bitcoin payments for its products. Its decision to expand its…
Economists are calling on China to curb the risks associated with holding over $3.3 trillion in its forex reserves. The concerns are directed at the possible measures the upcoming U.S.…
In line with a broader trend among major tech firms, Chinese e-commerce behemoth Alibaba is downsizing its metaverse operations. The restructuring, which aims to improve efficiency, led to layoffs in…