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China
Could Taiwan Become Asia’s Next Crypto Capital?
As crypto miners in China migrate elsewhere, some suggest Taiwan could be their next top destination. "The Hash" panel discusses the possibility of Taiwan emerging as the new digital asset haven of Asia.

USDC Backer Circle to Go Public in SPAC Deal
Amid much debate on the outlook for stablecoin regulation, Jeremy Allaire’s Circle, which issues stablecoin USD coin (USDC), is going public in a special purpose acquisition company (SPAC) deal. “Circle has a huge opportunity to provide more transparency than any other stablecoin issuer,” CoinDesk’s Nikhilesh De said.

Penalties for Kimchi Premium Abusers, Digital Yuan on Trial Again
Kimchi premium becomes kimchi penalty. Chengdu holds China’s latest digital yuan trial. Taiwan’s Lootex uses NFTs to preserve cultural history. More on these stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

How NFTs Could Be Closing the Income Gap in the Chinese Music Industry
Hong Kong-based singer-songwriter Hanjin Tan, the first musician to launch a Chinese music non-fungible token (NFT), discusses the role of NFTs as a potential lifeline in helping close the income gap among struggling musicians in China and other parts of Asia.

Can Taiwan Become Asia’s Crypto Haven? Not Yet
As China cracks down on the crypto field, Taiwan could be an alternative destination for crypto entities but can crypto thrive in Taiwan?

China's Central Bank 'Worried' Stablecoins Pose Risk to Financial System
Global stablecoins "may bring risks and challenges to the international monetary system," said PBOC's Fan Yifei.

What Didi’s Downfall Means for Web 3.0
Just days after Chinese ride-hailing firm Didi completed its U.S. initial public offering (IPO), Chinese regulators ordered its app be removed from the app stores, citing data security concerns. "The Hash" team examines Didi's downfall, what it means for web 3.0, and the global implications of China's tightening oversight of data security and overseas listings.

China's Crackdown Is Forcing Miners to Dump GPUs on Secondhand Market: Report
The number of listings on China's most prominent marketplace apps has increased in the last month and a half.

Didi's Downfall and the Case for Web 3.0
Chinese autocracy cut off the ride-hailing giant at the knees. But tech centralization leaves tech companies worldwide just as vulnerable.

Valkyrie CIO and Co-founder Steven McClurg: Bitcoin in Rangebound Until End of Summer
Bitcoin was holding support around $33K Tuesday and is down about 5% over the past week. The cryptocurrency had a choppy trading session during Asia hours and is stuck in a tight range since June. Valkyrie CIO and co-founder Steven McClurg discusses the outlook for bitcoin and whether it will break out soon. "I definitely see us stuck here over the summer," he said, commenting on bitcoin's trajectory. Plus, why McClurg says he thinks inflation is not transitory and the impact of China's crypto crackdowns on bitcoin's price and hashrate.
