Search

Nalezeno "US China": 3702

China Connects Digital Yuan to Hong Kong’s Fast Payment System

6.10.2023
China has taken another step forward in its digital yuan pilot – connecting its CBDC platform to Hong Kong’s Fast Payment System (FPS). The move will speed up cross-border digital yuan transactions and boost interoperability between the Mainland’s CBDC and international payment networks. The...

Blockchain Adoption: Hong Kong Exchange Launches New Settlement Platform to Connect with Users in China

5.10.2023
Hong Kong Exchanges and Clearing Limited (HKEX), which operates a range of equity, commodity, fixed income, and currency markets, has unveiled an equities settlement acceleration platform called "Synapse." The newly launched platform will leverage smart contracts programmed in DAML to streamline...

Hong Kong Emerging as Crypto Hub Amid East Asia's Regulatory Challenges - Is China Reversing Course?

4.10.2023
Although Eastern Asia - once a top market - has seen a decline in crypto activity over the past several years, Hong Kong may provide the region with "a potential tailwind," according to research firm Chainalysis. While Hong Kong is rising as a global leader in the regulated digital asset market...

Chinese Firms Used Crypto Payments to Run Fentanyl Network, U.S. Claims in Charges

3.10.2023
The U.S. Department of Justice (DOJ) targeted several Chinese businesses and their employees Tuesday in the latest round of charges tied to production and trafficking of fentanyl – a network that depended on cryptocurrency payments, according to authorities

Hong Kong's Crypto Advancements Could Boost East Asian Crypto Activity, Says Chainalysis Report

3.10.2023
A recent report from Chainalysis suggests that Hong Kong could play a significant role in reviving crypto activity in the East Asian region, which has faced challenges due to a China-wide ban on crypto trading activities since 2019.... Read More: Hong Kong's Crypto Advancements Could Boost East...

Today in Crypto: Kazakh Mining Firms Stop Machines and Ask the President to Cut Energy Prices, Chainalysis Finds 'Notable' Decline in Eastern Asia’s Crypto Activity

3.10.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: Kazakh Mining Firms Stop Machines and Ask the President to Cut Energy Prices, Chainalysis Finds 'Notable'...

Hong Kong could be a ‘tailwind’ for lagging crypto activity in Asia: Chainalysis

3.10.2023
Crypto activity in East Asia fell from its perch after China began its crusade against crypto in 2019. Recent moves by Hong Kong could help reverse that trend, said the blockchain analytics firm

SEC continues to delay decisions on crypto ETFs: Law Decoded

2.10.2023
The latest delays came two weeks before the second deadline for many applicants

Chainalysis: Hong Kong and China’s OTC Markets Remain Active Despite Crypto Winter

2.10.2023
East Asia represents almost 8.8% of all transactions globally, a report from the research firm says

China Uses Digital Yuan to Recycle Gold, Pay Land Registry Fees

29.9.2023
Chinese firms, banks, and city governments are using the digital yuan to recycle gold and pay land registry fees as CBDC adoption efforts continue. Per the fiance-focused media outlet JRJ, the Shenzhen Branch of the central People’s Bank of China (PBoC) has teamed up with the Shanghai Gold...

China dev fined 3 yr’s salary for VPN use, 10M e-CNY airdrop: Asia Express

29.9.2023
Crypto industry concerns after Chinese dev fined 3 year’s salary for using a VPN, largest Ponzi in Hong Kong history, JPEX saga, and more

Russia’s Yuan Shift: EBRD Economist Warns of Waning US Dollar Dominance

28.9.2023
In a recent interview, the European Bank for Reconstruction and Development’s (EBRD) chief economist, Beata Javorcik, highlighted a notable trend: Russia’s growing inclination to transact in the Chinese yuan. This shift, the economist emphasized, could challenge the dominance of...

China Allows Visitors to Top Up Digital Yuan Wallets with Visa, Mastercard, Cash

28.9.2023
Trying to make the digital yuan more attractive for foreigners, China has added a “recharge before use” feature to its digital currency system. The upgrade will allow visitors from abroad to replenish a digital yuan wallet through the global payment networks Visa and Mastercard among other methods....

Chinese Tech Giant Tencent Joins CBDC Interoperability Pilot

28.9.2023
China’s Tencent, the operator of the WeChat and WeChat Pay platforms, will join central bank-led digital yuan and CBDC interoperability pilots. WeChatPay, along with its rival Alipay, has cornered some 15% of the Chinese payments market. But in recent years, Tencent has moved to align with...

Bitcoin Gains Recognition As A Unique, Non-Replicable Digital Asset Following Chinese Court Report

26.9.2023
The Shanghai Second Intermediate People's Court in China has explained that Bitcoin (BTC) stands out as a unique virtual asset based on several attributes including its scarce nature. On Sept. 25, the court published a report “Legal Attributes and Judicial Disposal of Digital Currency”...

Bitcoin gains legal recognition as digital currency in Shanghai China

26.9.2023
A similar report from another Chinese court earlier in September recognized cryptocurrencies as virtual properties protected by law

US Presidential Candidate Nikki Haley: China Preparing for War and Xi Jinping Intends to Win

26.9.2023
U.S. presidential candidate Nikki Haley has warned that China is preparing for war and Chinese President Xi Jinping intends to win. “China is an existential threat. It has spent half a century plotting to defeat us,” she stressed, cautioning that China is “building a massive cutting edge military...