China
- Policies & Regulations
Chinese People’s Courts Asserts Legal Status of Virtual Assets
A People’s Court in China has issued a report examining the legal status of virtual assets and analyzing their attributes…
Read More » - Global News
BRICS Bank Launches First ZAR Bonds for Local Currency Push
BRICS New Development Bank (NDB), established by the BRICS nations (Brazil, Russia, India, China, and South Africa), has introduced its…
Read More » - Crypto Exchanges
Huobi’s Total Value Locked Plummets to $2.5B Amidst Insolvency Allegations and Chinese Investigations
Crypto exchange Huobi experienced significant outflows totaling $64 million between August 5 and 6. These outflows occurred amidst persistent rumors…
Read More » - Crypto Exchanges
Binance Conducted $90 Billion Monthly Transactions in Restricted Chinese Market Accounting for 20% of Worldwide Volume
According to internal data and sources within the exchange, Binance users engaged in cryptocurrency-related transactions worth $90 billion in a…
Read More » - Global News
Digital Yuan Integration: China Considers Linking National Social Security Cards
China has announced its plans to incorporate its central bank digital currency (CBDC), the digital yuan, into its financial system…
Read More » - Global News
Terraform Labs Founder Do Kwon Found Guilty of Passport Fraud, Receives Four-Month Prison Sentence
In a recent court ruling in Montenegro, Do Kwon, the founder of Terraform Labs, has been found guilty of utilizing…
Read More » - Policies & Regulations
European Parliament Takes Bold Stand Against Risky AI, Endorses Sweeping E.U. AI Act
In a significant move, European Union legislators have advanced measures to impose unprecedented restrictions on the use of artificial intelligence…
Read More » - Crypto Exchanges
SEC Chair Gary Gensler Allegedly Offered to Advise Binance in 2019, Lawyers Assert
Lawyers representing Binance and its founder Changpeng Zhao have made allegations suggesting that Gary Gensler, the Chair of the United…
Read More » - Policies & Regulations
China Sets National Standard for Blockchain Technology
China’s Ministry of Industry and Information Technology (MIIT) recently introduced the country’s first authorized national standard for blockchain technology, as…
Read More » - Web 3.0
Beijing’s White Paper to Advance Web3 Development
Amidst China’s complex history with cryptocurrencies, there appears to be a newfound eagerness within the government to embrace the potential…
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