china

Yuan notes money Chinese currency China Renminbi bills (Moerschy/Pixabay)
KuCoin Has Closed a $10M Funding Round Into CNHC, but Is the Offshore Yuan Right for a Stablecoin?
Circle Ventures, the venture arm of the USDC-issuer, and IDG Capital also joined the round.
Yuan notes money Chinese currency China Renminbi bills (Moerschy/Pixabay)

(White.Rainforest ™︎ ∙ 易雨白林., Unsplash)
21.co CEO Sees ‘No Material’ Impact on Bitcoin Following Silvergate’s SEN Platform Closure
Hany Rashwan, co-founder of the Zug, Switzerland-based ETP provider, says bitcoin’s price is being driven by more macroeconomic factors, including inflation and East Asian traffic.
(White.Rainforest ™︎ ∙ 易雨白林., Unsplash)

AI Artwork Hong Kong Network (DALL-E/CoinDesk)
Justin Sun Says Hong Kong’s New Licensing Regime Could Shift Policy in Mainland China, Eventually
In the interim, if granted a VASP license, the Tron founder says Houbi will launch a new exchange, Huobi Hong Kong, to comply with regulators.
AI Artwork Hong Kong Network (DALL-E/CoinDesk)

Bitcoin's early Wednesday price bounce (CoinDesk/Highcharts.com)
Bitcoin Jumps 4% as Upbeat China Manufacturing Data Improves Risk Appetite
The cryptocurrency's Wednesday bounce is consistent with the recent trend of Asian flows leading the market strength.
Bitcoin's early Wednesday price bounce (CoinDesk/Highcharts.com)

DWF Labs invests $10 million in Chinese blockchain Conflux (Edward He/Unsplash)
China Blockchain Conflux Gains $10M Investment From DWF
The investment firm bought the blockchain's native token after it signed a deal with China Telecom.
DWF Labs invests $10 million in Chinese blockchain Conflux (Edward He/Unsplash)

(NicoElNino/Getty Images)
The Future of Crypto Markets Will Be Driven by Developments in the East
Crypto investors need to keep an eye on geopolitical shifts playing out on the regulatory landscape, specifically some upcoming changes in Asia.
(NicoElNino/Getty Images)

CDCROP: The Hong Kong skyline (Bady Abbas/Unsplash)
Crypto in Hong Kong Getting Soft Backing From Beijing: Bloomberg
Report says officials from China’s Liaison Office have been spotted at crypto events in the city.
CDCROP: The Hong Kong skyline (Bady Abbas/Unsplash)

AI Artwork Hong Kong Network (DALL-E/CoinDesk)
No, Hong Kong Won’t Be Allowing Retail Traders Access to Crypto on June 1
A tweet suggesting the city will make crypto fully legal for all citizens is a misreading of the legislation.
AI Artwork Hong Kong Network (DALL-E/CoinDesk)

CDCROP: Hong Kong, China (Chester Ho/Unsplash)
Conflux Network to Build Blockchain-Based SIM Cards in Partnership With China Telecom
China Telecom will launch the first BSIM pilot program in Hong Kong later this year, Conflux Network said.
CDCROP: Hong Kong, China (Chester Ho/Unsplash)

CoinDesk - Unknown
China Targets Blockchain Breakthroughs With Beijing Research Center: Report
The center will focus on blockchain use related to the economy and individuals' livelihoods in an attempt to make the technology central to China's digital infrastructure.
CoinDesk - Unknown