China

Perianne Boring, CEO of the Chamber of Digital Commerce, led a group of crypto miners to meetings with members of the U.S. House of Representatives this week. (Scott Moore/Shutterstock/CoinDesk)
Crypto Miners Lobby U.S. Lawmakers to Counter Environmental 'Misunderstanding'
Dozens of mining firms came to Washington to steer the policy narrative away from negative environmental claims and make a case for mining as an economic and security boon.
Perianne Boring, CEO of the Chamber of Digital Commerce, led a group of crypto miners to meetings with members of the U.S. House of Representatives this week. (Scott Moore/Shutterstock/CoinDesk)

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PetroChina Completes First International Crude Oil Trade in Digital Yuan: Report
PetroChina bought 1 million barrels of crude oil settled in e-CNY at the Shanghai Petroleum and Natural Gas Exchange
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U.S. authorities cracked down on another ring of fentanyl suppliers they say are tied to Chinese companies and using cryptocurrency to move money. (Photo illustration by Jesse Hamilton)
Chinese Firms Used Crypto Payments to Run Fentanyl Network, U.S. Claims in Charges
The U.S. Department of Justice charged eight companies with illegal drug production, distribution and sales of precursor chemicals, saying they used cryptocurrency to move mon...
U.S. authorities cracked down on another ring of fentanyl suppliers they say are tied to Chinese companies and using cryptocurrency to move money. (Photo illustration by Jesse Hamilton)

Hong Kong, China Cityscape (Unsplash)
Chainalysis: Hong Kong and China’s OTC Markets Remain Active Despite Crypto Winter
East Asia represents almost 8.8% of all transactions globally, a report from the research firm says.
Hong Kong, China Cityscape (Unsplash)

Huobi Denies Reports of Executive Arrests as Stablecoin Reserves Sink
Huobi Denies Reports of Executive Arrests as Stablecoin Reserves Sink
Nansen data shows that crypto exchange Huobi’s stablecoin reserves dipped by 33% in the last week, with traders withdrawing $49 million in stables. This comes as a spokesperso...
Huobi Denies Reports of Executive Arrests as Stablecoin Reserves Sink

H.K. Lawmaker Johnny Ng said he hopes for more Web3 talent exchanges with mainland China. (Ruslan Bardash/Unsplash)
Hong Kong Lawmaker to Explore Digital Asset Link With Mainland China
Johnny Ng floated the possibility of licensed Hong Kong exchanges being connected with Shanghai's exchanges.
H.K. Lawmaker Johnny Ng said he hopes for more Web3 talent exchanges with mainland China. (Ruslan Bardash/Unsplash)

China Is Binance’s Largest Market: WSJ
China Is Binance’s Largest Market: WSJ
A new report from the Wall Street Journal says Binance users traded $90 billion of crypto-related assets in China in just one month, making the country Binance's largest marke...
China Is Binance’s Largest Market: WSJ

Binance's largest market is China, despite the crypto ban in the country. (Pixabay)
Binance's Largest Market Is China: WSJ
China is Binance’s largest market, amounting to 20% of worldwide volume
Binance's largest market is China, despite the crypto ban in the country. (Pixabay)

Why Bitcoin Miners Have Flocked to Texas
Why Bitcoin Miners Have Flocked to Texas
Crypto miners have flocked to the state of Texas since China banned mining in 2021, encouraged by cheap energy, grid incentives and an alignment of values. "The Hash" panel di...
Why Bitcoin Miners Have Flocked to Texas

Bitcoin Slips to $29K Level Amid WSJ Report on Binance
Bitcoin Slips to $29K Level Amid WSJ Report on Binance
Bitcoin (BTC) is slipping after the Wall Street Journal said Binance CEO Changpeng "CZ" Zhao suggested in a private conversation that the crypto exchange's affiliates had cond...
Bitcoin Slips to $29K Level Amid WSJ Report on Binance