20 / 23 Relevant items tagged with #China

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BRICS Nations Working on Creating New Currency to Be Discussed at Next Leaders Summit: Report

[Apr 1, 2023 7:30 PM] The BRICS nations are reportedly working on developing a new form of currency, which is expected to be discussed at the next BRICS leaders’ summit, according to a top Russian official. “The transition to settlements in national…

Crypto Biz: A spotlight on Binance, Galaxy Digital swings to profit, China’s blockchain push

[Mar 31, 2023 2:30 PM] Binance handles fear, uncertainty and doubt (FUD) surrounding its business future following a lawsuit from U.S. authorities.

Is a housing crisis underway? Why crypto investors should care

[Mar 31, 2023 12:30 PM] Cointelegraph analyst and writer Marcel Pechman explains if there is a housing crisis underway and why crypto investors should be paying attention.

BRICS Emerges as the World’s Largest GDP Bloc, Propelled by China’s Rapid Expansion

[Mar 31, 2023 10:30 AM] BRICS, a set of countries grouped as an alternative to the G7, is now the world’s largest gross domestic product (GDP) bloc, taking purchasing power parity into account, according to reports from Acorn Macro Consulting. Powered By…

China Makes Advances in Ditching the US Dollar for Settlements — Inks Deal With Brazil and Completes First Yuan LNG Purchase

[Mar 31, 2023 2:30 AM] China has been advancing its goal of positioning the yuan as an alternative to the U.S. dollar for settling international payments. The Chinese government recently struck a bilateral deal with Brazil to settle trades using their national currencies…

Russia talks up prospects of BRICS countries developing new currency

[Mar 30, 2023 11:50 PM] A top Russian official has reportedly claimed that the BRICS alliance is working on creating its own currency.

USD Losing Its Reserve Status? What It Means For Bitcoin

[Mar 30, 2023 8:20 AM] What does it mean for Bitcoin if the US dollar loses its reserve status? Is it even possible? In light of the dramatic political developments, a debate is currently raging about exactly that. Whether Bitcoin can be a beneficiary or even the…

Sam Bankman-Fried to Plead Not Guilty to Bribery, Campaign-Finance Charges: Reuters

[Mar 30, 2023 5:13 AM]

Hong Kong fund plans to raise $100 million for crypto investment

[Mar 30, 2023 1:46 AM] The new Hong Kong-based equity fund will focus on the regional market and embrace Web3 startups.

Controversial ‘Tiktok Ban Bill’ Sparks Concerns Among Cryptocurrency and Technology Advocates

[Mar 29, 2023 12:00 PM] Cryptocurrency and technology proponents have recently been discussing a new bipartisan bill called the “Restricting the Emergence of Security Threats that Risk Information and Communications Technology (RESTRICT)” Act. In addition to…

Binance concealed ties to China for years, even after 2017 crypto crackdown: Report

[Mar 29, 2023 11:24 AM] Documents reviewed by the Financial Times show that Binance kept staff and operations in China despite announcing its departure in 2017.

Former Treasury Official Warns of Complete Economic Implosion if US Dollar Loses Global Reserve Currency Status

[Mar 28, 2023 5:30 PM] Former Assistant Secretary for Public Affairs for the U.S. Department of the Treasury Monica Crowley has warned of “catastrophic” consequences if the U.S. dollar loses its status as the world’s reserve currency. “That would mean the end of the U.S

Federal Prosecutors Charge Sam Bankman-Fried With Attempt To Bribe Chinese Officials With $40 Million

[Mar 28, 2023 12:38 PM] In a new indictment unsealed on Tuesday, officials charged Sam-Bankman Fried with bribing Chinese officials to release frozen assets.Federal prosecutors have accused Sam Bankman-Fried (SBF), former CEO of failed cryptocurrency exchange FTX, of…

Sam Bankman-Fried charged with bribing Chinese officials: Court docs

[Mar 28, 2023 7:42 AM] The former FTX CEO is in hot waters once again, as he is facing a new 13-count indictment from authorities in the United States.

Sam Bankman-Fried Faces New U.S. Indictment Over Chinese Bribery Charge

[Mar 28, 2023 7:36 AM] A superseeding indictment was unveiled on Wednesday.

China to upgrade national blockchain standards by 2025

[Mar 28, 2023 5:24 AM] The Chinese government has been proactively pursuing advancements in its blockchain sector and now aims to upgrade its industry development standards by the year 2025.

Binance launches internal investigation following KYC bypass rumors

[Mar 24, 2023 7:46 AM] Following allegations that Binance employees and volunteers help users bypass KYC protocols, the crypto exchange says it is launching an internal investigation.

Binance employees allegedly help customers in China bypass KYC controls

[Mar 24, 2023 4:45 AM] A new investigation claims that users around the world are manipulating Binance’s billion-dollar security protocols through inside help.

Binance Users in China, Elsewhere, Evade KYC Controls With Help of 'Angels': CNBC

[Mar 23, 2023 8:35 PM] Some Binance employees and volunteers shared tips on forging bank documents, falsifying addresses or hiding the country of origin to get a Binance debit card, CNBC reported, citing Chinese-language chatroom messages it translated.

Putin, Xi Vow to Use Yuan as Russia and China Move to Settlements in National Currencies

[Mar 22, 2023 4:00 PM] As part of the talks that Russian president Vladimir Putin and Chinese president Xi Jinping are currently conducting in Russia, Russia has vowed to move to use the Chinese yuan as a settlement currency with countries in Asia, Africa, and Latam…

Crypto Exchange Bitzlato Restores User Access to Half of Bitcoin Balances, Report

[Mar 22, 2023 12:30 AM] Bitzlato users can now partially withdraw their bitcoin funds from the dismantled cryptocurrency exchange, according to a media report. The Russia-linked trading platform was targeted by Western law enforcement and had its France-based server…

Crystal Blockchain Study Reveals $16.7 Billion in Crypto Assets Stolen Since 2011

[Mar 21, 2023 2:00 PM] Crystal Blockchain, a company that provides blockchain data and analytics, published a study covering security breaches, fraud, and scams related to cryptocurrency and decentralized finance (defi). According to the study, approximately $16.7…

Taiwan Follows Hong Kong With Plans To Regulate Crypto

[Mar 20, 2023 12:00 PM] Taiwan has announced its plans to regulate its crypto industry through the Financial Supervision and Administration Committee (FSC) or the newly established Ministry of Digital Affairs (MODA). Taiwan’s Crypto Legislation Taiwan plans to…

Taiwan watchdog FSC to assume authority on crypto regulation

[Mar 20, 2023 3:40 AM] Taiwanese lawmakers reportedly expect to finalize a crypto regulatory framework by the end of March or April at the earliest.

Report: China Will Become a Metaverse Tech Leader During 2023

[Mar 20, 2023 2:30 AM] A report issued by Globaldata, a global consulting and data analysis company, predicts that China will become a leading country in metaverse tech during 2023. The firm believes that the development of other technologies like artificial intelligence…

Google Trends Data Reveals Searches for ‘Banking Crisis,’ ‘Bank Runs,’ Skyrocket

[Mar 19, 2023 11:30 AM] Interest in the U.S. banking crisis has risen greatly over the past two weeks, as shown by Google Trends data. There has been a sharp increase in queries related to search terms such as “banking crisis,” “bank collapse,” and…

Conflux (CFX) Token Tallies 167% Increase In Past Week – Here’s Why

[Mar 19, 2023 5:28 AM] Although Bitcoin has recovered well this week, other coins like Conflux are doing better. At the time of writing, CFX has ballooned to a commanding 167% in the last seven days, according to data from CoinMarketCap. This makes it the best-performing…

Founder of Crypto Exchange Bitzlato Denies US Charges

[Mar 16, 2023 2:30 AM] The founder of cryptocurrency exchange Bitzlato has denied guilt in a money laundering case in the United States. Anatoly Legkodymov was arrested in Miami, in mid-January, for his role in running the trading platform which allegedly processed over…

KuCoin leads $10M funding for Chinese yuan stablecoin issuer

[Mar 15, 2023 4:00 AM] Circle’s investment arm has joined a funding round for CNHC, the issuer of the eponymous stablecoin pegged to the offshore yuan.

Bitcoin derivatives suggest $26K resistance level won't hold for long

[Mar 14, 2023 9:30 AM] BTC margin and option markets show no signs of discomfort or overconfidence despite 28% gains in two days.