China Crypto News

Modi to Visit China for SCO Summit, De-Dollarization on Agenda

Indian Prime Minister Narendra Modi will travel to China for the SCO summit in Tianjin from August 31 to September 1. The summit will address...

China Jails Tech Exec for $19.5M Crypto Laundering, Recovers $11M

Chinese authorities sentenced a former tech executive to 14.5 years in prison for embezzling $19.5 million and laundering it through cryptocurrency. Over 90 Bitcoin, valued...

Nvidia H20 Orders Soar as US Lifts Chip Export Ban to China

NVIDIA placed orders for 300,000 H20 AI chips for the Chinese market after the U.S. relaxed export restrictions.The change follows a reversal of earlier...

China Invites 30 Nations to SCO 2025 for De-Dollarization Talks

China will host the 2025 Shanghai Cooperation Organization (SCO) summit in Tianjin on August 31, focusing on new trade policies and de-dollarization. About 30 countries...

China to Launch Flying Taxis by 2027, Exports to Russia, UAE Set

China has approved flight operations for two flying taxi manufacturers, GOVY and eVTOL, to develop small helicopters capable of flying between 100 and 300...

ECB to Launch Digital Euro in 2025, Inspired by China’s CBDC

The European Central Bank (ECB) plans to launch a digital Euro in October 2025, modeled after China’s central bank digital currency (CBDC).ECB President Christine...

China Races to Refine Stablecoin Policy Amid US, Market Pressure

China is working quickly to shape its own stablecoin policy due to rising competition with the United States in digital currencies. Yuan-based stablecoin adoption remains...

China to Sell Seized Crypto via Licensed Hong Kong Exchanges

China will sell seized cryptocurrency through licensed exchanges in Hong Kong for the first time.The initiative uses the China Beijing Equity Exchange (CBEX) and...

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BBVA Provides Off-Exchange Custody for Binance Crypto Assets

BBVA has started to offer off-exchange custody for the Binance cryptocurrency platform. This service allows traders to store assets with...

Bitcoin Soars as Fed Rate Cut Bets Rise, Crypto Rebounds to $4 Trillion

Bitcoin and crypto prices rose sharply this week, with the market recovering to $4 trillion. Bitcoin set a new all-time...

China Orders Firms to Halt Stablecoin Research, Tightening Clampdown

Chinese regulators have told local firms to stop publishing research and holding seminars about stablecoins.Authorities are concerned stablecoins could...

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