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Blockchain cybercrimes trigger China’s Supreme Procuratorate action
Zhang Xiaojin, the director of China's Fourth Procuratorate of the Supreme People’s Procuratorate, reportedly cauti…
Hong Kong sees surge in crypto license applications
On Feb. 20, Huobi HK became the 18th crypto exchange to apply for a virtual asset trading platform license with the H…
China Never Completely Banned Crypto
Despite government crackdowns and widespread reports that crypto is outlawed in China, crypto trade is still very muc…
Hester Pierce against ‘gag rule,’ lawmakers challenging regulators: Law Decoded, Jan. 29–Feb. 5
Hester Peirce believes that if the SEC is “confident in its investigative work” and analysis, it…
FTX’s $400M hack linked to SIM swap attack, feds charge 3
Crypto exchange FTX was hacked for over $400 million just hours after filing for bankruptcy in 2022.…
China to introduce revised crypto AML regulations by 2025
China imposed a blanket ban on crypto use in 2021, but due to technological advancements and the dec…
China’s most valuable company pivoting to AI as gaming profits falter
Tencent released its own ChatGPT competitor back in 2023. Now, China’s top firm is betting on AI i…
Japan to resolve CBDC issuance legalities by Q3 2024
While Japan is preparing to solve the legal issues around issuing a CBDC, it has not revealed plans …
Massive digital yuan pilot projects planned in Shanghai development
China’s Belt & Road Initiative partners will get a cushy trade hub with lots of chances to use its…
Bitcoin Unphased by China's Stimulus Plan
Hong Kong's Hang Seng Index and the CSI 300 both responded to Beijing's plan to reboot China's domestic stock market,…
China's Illegal Crypto Activities Are Taking Place in Laundromats and Cafes: WSJ
Physical trading is most popular in China's inland, as places further from the coast are generally poorer so local go…
US sanctions over China's military use of Baidu chatbot could spell bad news for the AI industry
Any company with a public-facing generative AI service could theoretically find themselves in the sa…
China state daily calls crypto a corruption channel, urges crackdown
The Legal Daily calls cryptocurrency an easily hidden means for bribery and discusses measures need …
VC roundup: blockchain storage, rollups, and Bitcoin rewards draw investors
Lolli, NodeKit, and Cumulus Encrypted Storage System are among the latest startups to receive ventur…
China cracks down on Tether, Hong Kong to introduce licenses for stablecoins: Law Decoded
While Chinese authorities continue prosecuting stablecoin use, Hong Kong is working on legalizing it…
Crypto ‘trading platforms’ were part of $2.2B illegal Chinese forex ring: Report
The latest bust is another salvo in China’s war on capital flight — which some believe is the re…
China central bank urges the world to jointly regulate crypto
The People's Bank of China has addressed issues related to regulation of cryptocurrencies and decent…