China
35 Chinese Banks Add Digital Yuan to Apps as Lenders Prepare for Adoption: Report
Another 94 banks plan to access the CBDC via a clearing platform.
'Block Kong': Dim Sum in a Crypto Hub
A global center for finance, Hong Kong is an often overlooked hub for the blockchain industry, as documented in "Block Kong."
Blockchain Investment Goes Green, Court Says Bitcoin Legally Protected
Hong Kong-based Sonic Capital launches a green investment initiative. Shanghai court rules bitcoin is legally protected virtual property and Australia and Singapore team up on cross border trade blockchain trial. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Justin Sun's Weibo Account Among 7 That Seem to Be Blocked
News source BeatleNews is also among those flagged as violating platform rules.
Crypto Adoption Shifts to Emerging Markets as China, US Drop in Chainalysis Global Rankings
Crypto adoption has increased 23-fold globally over the past year with India, Pakistan and Ukraine driving the surge.
Shenzhen PBoC Launches Crypto Trading 'Clean-Up': Report
China's central bank vowed earlier in August to keep high pressure on crypto trading.
Huobi Revenue Took a Hit in July, Token Burn Suggests
The lower burn value is a "natural response" to last month's market trends, a spokesperson said.
Honor Releases First Snapdragon Smartphone With Digital Yuan Wallet
The PBoC has been pushing for hardware applications of the digital yuan.
Bitcoin 30% Away From April Peak; Is It Overbought?
Kimberly Grauer, Director of Research at blockchain data platform Chainalysis, discusses whether bitcoin is overbought as it pulls back from the latest rally, explaining why the price run could reflect the industry reacting positively to the crypto regulatory conversations emerging from Congress. Plus, her take on the impact of China's crypto crackdowns versus U.S. regulatory scrutiny and DeFi risks.
Beijing Signals Yearslong Tech Crackdown as Investors Reevaluate China Bets
Once the world's largest bitcoin mining hub, China has been cracking down on crypto mining in recent months. On Wednesday, its central government issued a five-year plan that calls for even stricter regulation across tech industries. Still, this continued push to rein in tech goes far beyond crypto and has led global investors to reconsider their exposure to China. "The Hash" hosts discuss the potential repercussions for business operations in China and the future of the crypto industry.