Midjourney AI bans the creation of Chinese President Xi Jinping’s images, but users find ways to create deepfakes.
Crypto Biz: A spotlight on Binance, Galaxy Digital swings to profit, China’s blockchain push
Binance handles fear, uncertainty and doubt (FUD) surrounding its business future following a lawsuit from U.S. authorities.
Is a housing crisis underway? Why crypto investors should care
Cointelegraph analyst and writer Marcel Pechman explains if there is a housing crisis underway and why crypto investors should be paying attention.
Russia talks up prospects of BRICS countries developing new currency
A top Russian official has reportedly claimed that the BRICS alliance is working on creating its own currency.
Hong Kong fund plans to raise $100 million for crypto investment
The new Hong Kong-based equity fund will focus on the regional market and embrace Web3 startups.
Binance concealed ties to China for years, even after 2017 crypto crackdown: Report
Documents reviewed by the Financial Times show that Binance kept staff and operations in China despite announcing its departure in 2017.
Sam Bankman-Fried charged with bribing Chinese officials: Court docs
The former FTX CEO is in hot waters once again, as he is facing a new 13-count indictment from authorities in the United States.
China to upgrade national blockchain standards by 2025
The Chinese government has been proactively pursuing advancements in its blockchain sector and aims to upgrade its industry development standards by 2025.
Binance launches internal investigation following KYC bypass rumors
Following allegations that Binance employees and volunteers help users bypass KYC protocols, the crypto exchange says it is launching an internal investigation.
Binance employees allegedly help customers in China bypass KYC controls
A new investigation claims that users around the world are manipulating Binance’s billion-dollar security protocols through inside help.
Binance Users in China, Elsewhere, Evade KYC Controls With Help of ‘Angels’: CNBC
Some Binance employees and volunteers shared tips on forging bank documents, falsifying addresses or hiding the country of origin to get a Binance debit card, CNBC reported, citing Chinese-language chatroom messages it translated.
Taiwan watchdog FSC to assume authority on crypto regulation
Taiwanese lawmakers reportedly expect to finalize a crypto regulatory framework by the end of March or April at the earliest.
KuCoin leads $10M funding for Chinese yuan stablecoin issuer
Circle’s investment arm has joined a funding round for CNHC, the issuer of the eponymous stablecoin pegged to the offshore yuan.
Bitcoin derivatives suggest $26K resistance level won’t hold for long
BTC margin and option markets show no signs of discomfort or overconfidence despite 28% gains in two days.
CBDCs should protect privacy, not be a surveillance tool: Former CFTC chair
The former CFTC chair argues that AML and KYC measures are outdated and constitutionally questionable and said crypto technology can do better.
WeChat integrates digital yuan into its payment platform
Chinese social media platform WeChat has incorporated the digital yuan in its payment app to boost the CBDC’s popularity.
China announces plans for new national financial regulator
The new administration will replace the current banking and insurance watchdog, which coincides with a more extensive government overhaul.
21.co CEO Sees ‘No Material’ Impact on Bitcoin Following Silvergate’s SEN Platform Closure
Hany Rashwan, co-founder of the Zug, Switzerland-based ETP provider, says bitcoin’s price is being driven by more macro economic factors, including inflation and East Asian traffic.
Hong Kong citizens not interested in digital yuan: Reports
Despite the 20% discount, the e-CNY hard wallets don’t attract much attention from the islanders.
Justin Sun Says Hong Kong’s New Licensing Regime Could Shift Policy in Mainland China, Eventually
In the interim, if granted the VASP license, the Tron founder says Houbi will launch a new exchange, Huobi Hong Kong, so as to comply with regulators.