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First Mover Asia: China Equities Woes, Tensions With the US Have Barely Touched Bitcoin; Cryptos Climb
15.3.2022
Hong Kong's Hang Seng market has suffered through some of its worst days in more than a decade but have not seemed to affect bitcoin's price much; cryptos rose slightly as investors waited for the U.S. central bank's decision on an interest rate hike
Ethereum Co-Founder Raises USD 450M & Bashes Solana, Another DeFi Hack + More News
15.3.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Ethereum Co-Founder Raises USD 450M & Bashes Solana, Another DeFi Hack + More News
Saudi Arabia Mulls Pricing of China Oil Sales in Yuan: WSJ
15.3.2022
Chatter about the Saudis accepting yuan instead of dollars has been ongoing for several years, but recent events have brought new urgency to the matter
China’s Digital Yuan App Gets Update as Police Deal with First-Ever CBDC ‘Fraud’ Case
15.3.2022
The central People’s Bank of China (PBoC) has added new functionality to its pilot digital yuan app – but it appears that some citizens are already trying to commit crimes using the new token, and have attempted to use it to launder money.
Per IT Home, the PBoC’s app, which debuted in 11 cities...
Bitcoin's got 3 strikes, but investors remain calm despite price drop
14.3.2022
Proof-of-work mining escaped severe regulatory pressure, but crypto derivatives and CNY Tether premium show investors' lack of excitement
Big Short Against Tether, CBDC Giweaway, New NFT Collections + More News
11.3.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Big Short Against Tether, CBDC Giweaway, New NFT Collections + More News
China’s Digital Yuan Targeted in New Bill From Nine GOP Senators
10.3.2022
The Say No To the Silk Road Act stems from not only the well-known privacy concerns around the Chinese CBDC, but also from worries it could be a tool to evade sanctions
Republican lawmakers introduce bill targeting China's CBDC on sanctions, privacy
10.3.2022
"This bill holds China accountable as they introduce their new digital currency,” said Senator Bill Cassidy
Russian Banks Eye CNY Solution as Central Bank Bars Forex Sales; New Sanctions Approved
9.3.2022
The Russian ruble has been thrown into disarray as the nation attempts to battle economic sanctions by effectively suspending the sale of most foreign currencies – while exploring the notion of allowing citizens to purchase China’s fiat yuan.
In a press release from the Central Bank, the...
Federal Reserve works with China’s blockchain ally for instant payments
9.3.2022
Cypherium is the only blockchain company featured in the FedNow Service Provider Showcase for now, the CEO told Cointelegraph
Ukraine War Raises Questions About the 'End of Monetary Regime' and Role of Bitcoin
8.3.2022
Bitcoin (BTC) “will probably benefit” from a new world monetary order where the US dollar no longer reigns supreme and China’s currency strengthens through the backing of Russian commodities, a report from the major investment bank Credit Suisse predicted, triggering intense debates in...
Chinese police busts illegal crypto mining farm, seizes 190 miners
8.3.2022
Guangdong province’s Development and Reform Commission confiscated 190 crypto mining machines estimated to be worth 5 million yuan
Russian Banks Look to China’s UnionPay after Visa, Mastercard Freezout
7.3.2022
The American payments heavyweights Visa and Mastercard, as well as the card issuer American Express, have suspended their operations in Russia – joining an increasingly lengthy list of firms severing their trade links with the country. But Russian banks have indicated that they may look...
Russian Ruling Party Says Crypto Regulation Will Safeguard ‘Millions of Citizens’
4.3.2022
United Russia, the nation’s ruling party, says that some 12% of the population uses or interacts with crypto – and senior political figures stated that it will protect crypto holders with its forthcoming regulations....
Read More: Russian Ruling Party Says Crypto Regulation Will Safeguard...
First Mover Asia: China to Widen Test of Digital Yuan as Russia Invasion Spotlights Crypto’s Potential Role; Cryptos Decline
4.3.2022
The country is close to approving trials of the central bank digital currency in a number of cities and regions; bitcoin and ether drop as risk-on appetite fades
IRS Comes for Crypto John Does, Bitcoin Mining Difficulty Drops, Complex Apps on Algorand + More News
3.3.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: IRS Comes for Crypto John Does, Bitcoin Mining Difficulty Drops, Complex Apps on Algorand + More News
China's share in Bitcoin transactions declined 80% post crackdown: PBoC
3.3.2022
China has carried out multiple crypto crackdowns and enforced numerous bans on crypto markets since 2013, however, Chinese traders have always found a way to bypass these bans
Tencent files for patent related to virtual concerts in Metaverse
3.3.2022
Chinese tech colossus Tencent has continued its foray into the metaverse after filing a patent for virtual concerts, flying in the face of warnings from Chinese banks and regulators
China’s Digital Yuan Set for Local Adoption, Airport, Banking Drives
3.3.2022
China’s digital yuan is edging ever closer to a nationwide rollout, with banks, airports, and provinces looking to boost their adoption efforts following last month’s Winter Olympics and ahead of the Paralympic Winter Olympics....
Read More: China’s Digital Yuan Set for Local Adoption, Airport...
First Mover Asia: China’s Potential SWIFT Competitor CIPS Lacks Reach; Bitcoin, Ether Rise Again
2.3.2022
The Cross-Border Interbank Payment System has just 75 members and processes only a fraction of the transactions that SWIFT handles; most major cryptos jump even as the Russian invasion intensifies