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A newly published report says Chinese regulators have told local brokers and think tanks to halt publishing research or holding seminars that promote stablecoins. Beijing’s Stablecoin Experiment Ends in a…
According to unnamed sources speaking with the Financial Times, China may be quietly tinkering with stablecoins even as it enforces its cryptocurrency ban and rolls out its central bank digital…
The Chinese Ministry of National Security has issued a warning regarding the potential risks associated with biometric recognition technology, highlighting concerns over data security and privacy. The ministry emphasized that…
Blockchain analytics firm Arkham has revealed that a previously unknown hack of Chinese mining pool LuBian in December 2020 resulted in the theft of 127,426 BTC worth around $3.5 billion…
UCAR and Iotex Collaborate on Real-World Asset Tokenization UCAR Partners With Iotex A China-based electric vehicle (EV) company named U Power Limited (Nasdaq: UCAR) has joined forces with decentralized physical…
Paypal has launched a new platform aimed at connecting various payment systems with its digital wallets, allowing users to shop internationally without conversion fees or delays. Expanding Global Reach Fintech…
Conflux, a Chinese blockchain platform, has announced the launch of a new offshore yuan-backed stablecoin during its Conflux 3.0 network upgrade event in Shanghai. This stablecoin, pegged 1:1 to the…
According to data released by the U.S. Treasury, China has sold off more of its U.S. Treasury holdings, bringing its current total to $756.3 billion, the lowest level since March…
China Merchants Bank’s CMB International Securities has reportedly become the first mainland China-affiliated brokerage to secure a virtual asset licence from Hong Kong’s Securities and Futures Commission. This approval enables…
Chinese fintech giant Ant Group is reportedly partnering with Circle Internet Group to integrate its USDC stablecoin into Ant’s blockchain platform. A Strategic Move Amid China’s Stablecoin Push Chinese fintech…