Polymarket traders are pricing the prospect of China legalizing onshore Bitcoin purchases at roughly 5%. At first glance, the number appears dismissive. Still, it raises the question of whether the Chinese government will explicitly …
Tag:
China
In brief China’s central bank and regulators have issued a notice that bans unapproved issuance of renminbi-pegged stablecoins, including those offshore. Most real-world asset tokenization is now classified as illegal outside approved infrastructure. The …
- Web3 Technology
China Tech Giants Halt Hong Kong Stablecoin Plans Amid Beijing Concerns
by adminby adminChinese technology giants, including Ant Group and JD.com, have reportedly suspended plans to issue stablecoins in Hong Kong after regulators in Beijing voiced concerns over privately controlled digital currencies. The companies were instructed by …
- Blockchain Research
Bitcoin Holds Near $111K as Traders Weigh China Retaliation, SOL, DOGE, ADA Lead Losses
by adminby adminBitcoin hovered around $111,000 Thursday afternoon Hong Kong time, steady after another volatile stretch as China’s latest retaliatory trade measures against the U.S. reignited risk aversion across global markets. The broader crypto market slipped …
US President Donald Trump has confirmed the US is in an active trade war with China after threatening a 100% tariff on all Chinese imports last week. “Well, we’re in one now,” Trump said …
US President Donald Trump clarified on Friday that proposed 100% tariffs on Chinese goods “won’t stand”, suggesting a softer stance than initially feared. The statement comes amid rising global trade tensions and has already …
NFT & Metaverse
BNB Holds Near $1,190 as China Merchants Bank Tokenizes Fund on BNB Chain
by admin
by admin
BNB traded at $1,200 on Wednesday, down 0.5% after sliding from a new all-time high that came after a market-wide liquidation event erased roughly $500 billion from the crypto market. The token, which is …
