French authorities to issue statement on Pavel Durov’s detention

PBoC says no to virtual currencies, Jack Ma's fund invests $50m into NFT game maker, searches for BTC in China at 90 day low 68 Total views 2 Total shares This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in…

While Tether’s dominance has fallen to 56%, USDC and BUSD have surged to 23.9% and 10.4% respectively. 625 Total views 6 Total shares The U.S. Treasury Department is reportedly preparing a review highlighting challenges posed by stablecoin redemptions and the effect of a possible run on the crypto asset market.According to a Sept.16 report from…

The letter follows the unveiling of Huawei Technologies’ Mate 60 Pro smartphone, which incorporated advanced chips manufactured by China’s Semiconductor Manufacturing International Corporation. 44 Total views 2 Total shares Two senior Republican members of the United States House of Representatives on Friday, Oct. 6, urged the Biden administration to strengthen the enforcement of export controls

CBN says the proposed central bank digital currency will offer parity of value and will operate as a non-interest-bearing CBDC. 133 Total views 75 Total shares The Central Bank of Nigeria (CBN) has issued preliminary guidelines for its proposed eNaira digital currency.In a sensitization document sent to commercial banks in the country, the CBN outlined…

No amount of FUD can keep Bitcoin down, and China has once again given bulls a boost with its bans. 2264 Total views 32 Total shares It’s been 150 days since China banned Bitcoin (BTC) mining — and BTC price action has only benefited as a result.Five months ago, China caused a considerable but not…

The company mined 196 BTC in the first quarter, bringing its total holdings to 5,143.2 BTC. 1706 Total views 9 Total shares Shares of Marathon Digital Holdings (MARA) surged on Monday after the cryptocurrency miner announced a significant increase in mining capacity in the first quarter, allowing it to up its stake in Bitcoin (BTC)…

The central bank official spoke about the risks cryptocurrencies and stablecoins may pose when connected to traditional financial systems through individuals, financial institutions, hedge funds, and banks. 100 Total views 17 Total shares Jon Cunliffe, the deputy governor at the Bank of England for financial stability, said the risks of a growing crypto market on…

Messaging app LINE is set to get “mini DApps” witht the launch of Kaia’s mainnet, following the likes of rival Telegram which launched a similar feature last year.

Chinese crypto noobs are being tricked into laundering funds for ‘rewards’ — and pig butchering scammers are kidnapping kids: Asia Express.