The cryptocurrency’s Wednesday bounce is consistent with the recent trend of Asian flows leading the market strength.
China Blockchain Conflux Gains $10M Investment From DWF
The investment firm bought the blockchain’s native token after it signed a deal with China Telecom.
The Future of Crypto Markets Will Be Driven by Developments in the East
Crypto investors need to keep an eye on geopolitical shifts playing out on the regulatory landscape, specifically some upcoming changes in Asia.
Gate.io to enter Hong Kong following city’s $6.4M budget allocation to Web3
Gate’s founder called Hong Kong a “hub,” meanwhile, the city’s financial secretary said the region “must keep up” with the “huge potential” of Web3.
Hong Kong’s crypto ambition gets subtle nod from Beijing: Report
While China has cracked down on cryptocurrencies in the mainland, it’s apparently taking a softer approach to Hong Kong’s crypto hub aspirations.
Crypto in Hong Kong Getting Soft Backing From Beijing: Bloomberg
Report says officials from China’s Liaison Office have been spotted at crypto events in the City.
Bitcoin regains $25K amid hope record China easing will boost BTC price
Bitcoin whales are guiding BTC price around $25,000 and caution is needed, analysis warns.
Crypto’s next bull run will come from the East: Gemini co-founder
Gemini co-founder Cameron Winklevoss believes the next crypto bull run will come from Asia, while America has two options — embrace crypto or be left behind.
No, Hong Kong Won’t Be Allowing Retail Traders Access to Crypto on June 1
A tweet suggesting the city will make crypto “fully legal” for all citizens is a misreading of the legislation.
Conflux Network to Build Blockchain-Based SIM Cards in Partnership With China Telecom
China to launch national blockchain research center
The goal of the new state-supported institution is to speed up the country’s industry through blockchain technology.
Australia and the UK share their big picture of crypto: Law Decoded, Jan. 31–Feb. 6
While the British Treasury emphasizes the liberal approach, Australia goes with the profound taxonomy of all the crypto assets.
China doles out millions in digital yuan in bid to boost adoption: Report
Multiple Chinese city governments have given away millions worth of e-CNY to try to promote consumption around the holiday season.
Chinese Communist Party officials issue KPIs for e-CNY transactions in Suzhou
CCP officials want to see the e-CNY surpass $300 billion in transactions in 2023 through promotional efforts.
Community mocks Charlie Munger for his obsession with China’s Bitcoin ban
The online community has expressed bewilderment over how China’s crypto ban aligns with the United States’ proclaimed principles of freedom.
Bank of China ex-advisor calls Beijing to reconsider crypto ban
The current crypto ban in China is beneficial in the short term, but there are big opportunities that can be missed in the long run, the economist argued.
Bitcoin aims for $25K as institutional demand increases and economic data soothes investor fears
Strong corporate earnings and investors’ anticipation of a Federal Reserve pivot are helping to cement the case for risk assets like Bitcoin.
Enforcement goes on with Bitzlato action — Law Decoded, Jan. 16-23.
Anatoly Legkodymov, the founder of China-based crypto firm Bitzlato, was arrested under suspicion of money laundering related to illicit Russian finance.
Chinese blockchain firm launches the ‘SWIFT’ of stablecoins and CBDCs at Davos
A SWIFT-style system for bank-issued and regulated digital currencies was launched by a firm with a tenure building China’s national blockchain project.
90% of businesses adopting blockchain technology, data
A new survey from CasperLabs found that despite education gaps, enterprise adoption of blockchain technology in the U.S., U.K. and China is set to increase in the next year.