China’s Crypto Return Starts with Stablecoins
Dr. Xiao Feng, Chairman and CEO of HashKey Group, believes China is beginning to re-engage with the cryptocurrency world, but not through the usual hype-driven channels. Instead, the shift will begin cautiously with stablecoins and eventually expand to real-world assets (RWA), according to the influential executive often called “The Father
Crypto Market Surges and Dips as China Retaliates Against U.S. Tariffs
The crypto market saw a sharp surge followed by a quick dip as macroeconomic tensions weighed on investor sentiment. XRP, Dogecoin (DOGE), Solana (SOL), and Cardano (ADA) recorded gains of nearly 20% before retracing, while Bitcoin (BTC) and Ethereum (ETH) remain up by around 4%. The market initially benefited from
China Tightens Grip on Crypto with New Forex Rules
China has introduced stringent foreign exchange (forex) regulations aimed at curbing cryptocurrency trading and other financial activities deemed risky. The latest move underscores the nation’s ongoing efforts to tighten control over the digital asset industry, aligning with its longstanding anti-crypto stance. New Forex Rules Target Crypto Transactions At the close
