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China Crypto News

China Funds Yuan Stablecoin Research to Counter US Dollar in Digital Finance

China is funding research on yuan-backed stablecoins and crypto monitoring systems. The National Natural Science Foundation of China announced grants up to $41,000 for selected...

China Backs Malaysia’s BRICS Bid, Eyes Shift in Global Power

China has voiced full support for Malaysia’s entry into BRICS, a major international economic group.Prime Minister Anwar Ibrahim confirmed the accelerated discussions for Malaysia’s...

China Pushes Yuan in Global Trade, But Dollar Still Dominates

China is increasing efforts to promote the yuan over the U.S. dollar in global trade.Cross-border transactions in yuan now account for 30% of China’s...

Nvidia Q2 Earnings Beat Estimates, Stock Dips Amid China Halt

NVIDIA posted second-quarter 2026 fiscal year revenues and net income that exceeded Wall Street’s forecasts. Quarterly revenue reached $46.7 billion, with net income climbing to...

AMD Stock Rises 5% as Analysts Bullish Despite China AI Deal

AMD shares rose 5%, outperforming NVIDIA in recent trading.AMD agreed to give the U.S. government 15% of its AI GPU sales in China for...

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...

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Bitcoin Climbs After Flash Crash as Fed Signals Dovish Shift

Bitcoin stabilized after recent volatility, following comments from Federal Reserve officials and a statement by Elon Musk. The Federal Reserve...

MoonPay Unveils Unified Crypto Payments Platform for Merchants

MoonPay launched a unified crypto payments platform named MoonPay Commerce. The rollout follows the integration of technology from its acquisition...

Kremlin: Russia Has No Intention to Challenge the US Dollar

Russia states it has no intention of undermining the U.S. dollar or targeting American financial interests.The BRICS alliance clarifies...

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