Tag: China

US banks handled $312B in illicit funds — yet crypto takes the blame, critics say

US banks facilitated an estimated $312 billion in money laundering for Chinese…

The CMB International USD Money Market Fund is now available as a tokenized, on-chain product

CMB International Asset Management, in partnership with Singapore-based licensed RWA exchange DigiFT,…

China’s FOMO resurfaces as nation pilots stablecoin to strengthen renminbi: report

China is reportedly planning to roll out renminbi-backed stablecoins in a bid…

China warns that eye-scanning cryptocurrency projects may threaten national security

China has raised concerns about the increasing use of biometric data by…

Bitmain to Launch Its First U.S.-Based ASIC Chip Manufacturing Facility: Bloomberg

Bitmain, the world’s leading manufacturer of Bitcoin mining application-specific integrated circuits (ASICs),…

Chinese state-owned companies assigned to assess stablecoin launch feasibility: report

Chinese authorities have instructed state-owned digital service providers and financial institutions to…

Chinese creditors oppose FTX’s attempt to block multi-billion dollar payouts

FTX’s latest proposal to exclude certain regions from creditor settlements is facing…

Pop Mart’s first investor reveals he has a ‘soft spot for Bitcoin’

Mai Gang, the first investor behind global Chinese toy sensation Pop Mart,…

Chinese Authorities Caution Against Stablecoin Scams as Local Interest Grows

China’s regulatory authorities have issued a strong warning against scams linked to…

Hong Kong readies third round of tokenized bond issuance, plans further expansions

Hong Kong is set to expand its tokenized bond program, with the…