China Crypto News

China Unveils $10B BRICS Investment, Africa’s Largest Tech Hub

China has committed $10 billion in new investment to South Africa, focusing on ports, trade, and technology. The project aims to build the largest “BRICS...

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...

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Meta Eyes Texas Data Center Site After OpenAI, Oracle Split

The collapse of a major AI data center expansion deal between Oracle and OpenAI has opened the door for...

Former CFO Gets Two Years for $35M Crypto Theft

A Seattle judge sentenced former CFO Nevin Shetty to two years in prison for wire fraud.Shetty secretly transferred $35...

Microsoft Stock Rises on OpenAI Partnership News

Microsoft's partnership with OpenAI has evolved from a 2019 research effort to a major technology focus, boosting investor sentiment. Analysts...

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