China Crypto News

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...

China Bitcoin Ban Rumors Unfounded Amid Lack of Official Statement

Reports of a new Chinese ban on Bitcoin ownership circulated widely without an official source. There is no recent statement from Chinese regulators confirming any...

Latest news

China Pushes Yuan in Africa as Dollar Costs Rise

China is aggressively promoting the Chinese yuan for trade with Africa to counter the continent's costly dependence on the...

Bitcoin Dips Amid $177M Crypto ETF Outflows

Bitcoin’s recent price drop to $68,500 coincided with crypto ETF outflows spiking to $177 million last week.Since the U.S.-Iran...

Fidelity Urges SEC for Crypto Trading Rules on ATS

Fidelity Investments, an $18 trillion asset manager, urged the Securities and Exchange Commission (SEC) to develop rules allowing broker-dealers...

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