China Crypto

News and updates about Cryptocurrency and Blockchain in China

Coinbase CEO Brian Armstrong: Restrictive US Crypto Regulations to Benefit China...

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Coinbase CEO Brian Armstrong has cautioned that restrictive crypto regulations in the United States could inadvertently benefit "adversary nations" like China. In an op-ed...

China: Former Politician Bribes 125 Million in Exchange for Bitcoin Mining...

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Amidst a Chinese government ban on Bitcoin mining and strong crackdowns in 2021, former Secretary of the Fuzhou Municipal Party Committee Xiao Yi was...

China’s CSRC Willing To Work With US On Audit Deal

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The China Securities Regulatory Commission (CSRC) has announced its readiness to collaborate with the U.S. on an audit deal. This is in response to...

Sequoia China Seed Fund Raises $480M in 5 Years

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Sequoia China Seed Fund, one of China's largest early funding funds, has reported $480 million in seed fund funding since 2018, providing investments to...

Janet Yellen: US Decoupling from China “Disastrous”

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US Treasury Secretary Janet Yellen has warned against any effort to decouple the US economy from China, saying it would be “disastrous” for both...

Reports: China-based Chemical Firms Earn Millions in Cryptocurrency Supplying Fentanyl Substances...

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London-based blockchain analytics firm, Elliptic, has identified over 90 China-based chemicals firms that are willing to sell fentanyl precursors. Elliptic's report indicates that suppliers...

Beijing Issues Guidelines: No ICQ Promotion for Inappropriate Financial Services

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In order to maintain financial security, the Beijing Municipal Market Supervision and Administration Bureau has issued guidelines prohibiting the advertisement of virtual currency (ICQ)...

How Hebei Residents Can Save Up To $73 With Digital Yuan...

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Hebei province in China is encouraging its citizens to adopt digital yuan by issuing them central bank digital currency (CBDC) discount coupons. According to...

Sequoia Capital Announces Three-Way Split to Separate China Business Operations

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Sequoia Capital, a venture capital firm, announced on June 6th that it will be splitting into three distinct partnerships to serve the United States,...

Hong Kong to Launch Virtual Asset Service Provider License on June...

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Following Hong Kong's decision to implement a new "Virtual Asset Service Provider License" system in June, the Hong Kong Financial Management Bureau is set...