The five-nation BRICS group comprising Brazil, Russia, India, China and South Africa will work on creating a payment system based on blockchain and digital technologies, a report by Russian news agency TASS said.
Zhang Xiaojin, the director of China's Fourth Procuratorate of the Supreme People’s Procuratorate, reportedly cautioned against crypto investment scams for citizens and digital asset participants.
On Feb. 20, Huobi HK became the 18th crypto exchange to apply for a virtual asset trading platform license with the Hong Kong Securities and Futures Commission.
Despite government crackdowns and widespread reports that crypto is outlawed in China, crypto trade is still very much alive. How is that possible?
Hester Peirce believes that if the SEC is “confident in its investigative work” and analysis, it doesn’t need to “demand silence on the part of settling defendants.”
China imposed a blanket ban on crypto use in 2021, but due to technological advancements and the decentralized nature of crypto, mainland users have found a way to access the crypto market.
Tencent released its own ChatGPT competitor back in 2023. Now, China’s top firm is betting on AI in 2024.
While Japan is preparing to solve the legal issues around issuing a CBDC, it has not revealed plans for an official launch.
China’s Belt & Road Initiative partners will get a cushy trade hub with lots of chances to use its CBDC under a Party development plan.
Hong Kong's Hang Seng Index and the CSI 300 both responded to Beijing's plan to reboot China's domestic stock market, but bitcoin remains in the red.
Physical trading is most popular in China's inland, as places further from the coast are generally poorer so local governments are preoccupied with other matters.
Any company with a public-facing generative AI service could theoretically find themselves in the same crosshairs.
The Legal Daily calls cryptocurrency an easily hidden means for bribery and discusses measures need to crack down on it.
Lolli, NodeKit, and Cumulus Encrypted Storage System are among the latest startups to receive venture capital funding.
While Chinese authorities continue prosecuting stablecoin use, Hong Kong is working on legalizing it.
The latest bust is another salvo in China’s war on capital flight — which some believe is the real reason behind the country’s continued ban on cryptocurrencies.
The People's Bank of China has addressed issues related to regulation of cryptocurrencies and decentralized finance (DeFi) in its latest financial stability report.