China
- Global News
Woman Sentenced for Laundering Bitcoin in UK in $6.4B Chinese Fraud Case
A woman accused of converting Bitcoin into cash and property to conceal the proceeds of a £5 billion ($6.4 billion)…
Read More » - CBDC
Hong Kong Expands Cross-Border Digital Yuan Pilot to Include Hong Kong Residents
The Hong Kong Monetary Authority (HKMA) and the People’s Bank of China (PBOC) have expanded their cross-border digital yuan pilot,…
Read More » - Crypto Mining
Biden Shuts Chinese-Linked Crypto Mining Facility Over National Security Concerns
President Biden has issued an executive order mandating the closure and divestment of a Wyoming-based cryptocurrency mine operated by a…
Read More » - MENA News
Microsoft Invests $1.5B in UAE’s G42 Signaling Strategic Shift Away from China
Microsoft (MSFT.O) is making a major move in the realm of artificial intelligence (AI) by investing $1.5 billion in the…
Read More » - Global News
China’s Leading Fund Managers to Pursue Spot Bitcoin ETFs in Hong Kong
Two of China’s leading fund management firms, Harvest Global Investments and Southern Fund, are pursuing applications for spot bitcoin exchange-traded…
Read More » - Reports
Geopolitical Maneuvering Shapes Middle East’s AI Ambitions
The Middle East’s drive towards artificial intelligence (AI) supremacy is not just a technological race; it’s a battleground of geopolitical…
Read More » - MENA News
UAE Succeeds in First Cross-Border Payment Using Digital Dirham
Sheikh Mansour bin Zayed Al Nahyan, Vice-President, Deputy Prime Minister, Chairman of the Presidential Court, and Chairman of the Board…
Read More » - Companies
Nvidia to Launch a Slower Gaming Processor for China to Navigate U.S. Export Controls
Nvidia, a major U.S. chipmaker, is preparing to introduce a modified gaming processor in China to comply with U.S. export…
Read More » - Global News
China’s Crypto Pivot: Reshaping Global Markets Amidst Market Surges
Amidst the recent $1.6 trillion surge in Bitcoin, Ethereum, XRP, and Solana‘s combined market capitalization, China’s long-held strict stance on…
Read More » - Government
Despite Crypto Ban, China Insists on Enhancing NFTs and DApps
China, despite its ban on cryptocurrency, is signaling a keen interest in developing non-fungible tokens (NFTs) and decentralized applications (DApps)…
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