Browsing the "China" Tag

Binance Makes Strategic Investment in Chinese Crypto Media Firm

| Daniel Palmer

Cryptocurrency exchange Binance has made an undisclosed investment in Chinese media and data source Mars Finance.

trump, republican

Trump’s Trade War May Be Driving Chinese Investors to Bitcoin

| Daniel Palmer

As the Chinese yuan falls in value due to the trade war with the U.S., there are signs that locals are increasingly moving funds into bitcoin.

HSBC Targets China Trade With Yuan-Demoninated Blockchain Letter of Credit

| Daniel Palmer

HSBC has carried out the first blockchain-based letter of credit transaction denominated in Chinese yuan.

Why Tether Volume Is at All-Time Highs

| Leigh Cuen

The dollar-pegged stablecoin tether (USDT) has become a virtual bridge between Chinese traders and global markets.

Circle CEO: China’s Digital Currency Could ‘Bypass’ Western Banks

| William Foxley

Circle CEO Jeremy Allaire said China is setting the pace in the development of a digital currency equivalent of its fiat currency, the renminbi.

Bitcoin Miners Halt Operations as Rainstorm Triggers Mudslides in China

| Wolfie Zhao

A severe rainstorm in China's southwest has led to fatal mudslides, causing some local hydropower plants and bitcoin miners to halt operations.

Central Banks, Stablecoins and the Looming War of Currencies

| Michael J Casey

A flood of competing stablecoins is coming to the global economy, setting the stage for what could be a climactic battle with the world's biggest…

China’s Central Bank ‘Close’ to Launching Official Digital Currency

| Daniel Palmer

An official at China's central bank has said the institution is nearing the launch of its national digital currency.

trump, mean

Trump’s Currency War With China Could Be Bitcoin’s Do-or-Die Moment

| Michael J Casey

Donald Trump is stoking the flames of a new currency war, creating a do-or-die moment for the cryptocurrency movement, writes Michael J. Casey.

Cryptocurrency in China: Over the Counter, Under the Table

| Dovey Wan

Primitive Ventures partner Dovey Wan breaks down the crypto situation as it stands in China today.