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China
Sen. Tuberville on Bill to Block Chinese Ownership of American Crypto Companies
Sen. Tommy Tuberville (R-Ala.) and Sen. Kirsten Gillibrand (D-N.Y.) recently introduced a bipartisan bill to amend the Commodity Exchange Act to prohibit entities organized or established in China from acquiring a U.S. digital asset broker, dealer, custodian, or exchange. The Alabama lawmaker joins CoinDesk's Jennifer Sanasie to discuss the legislation, along with the future of crypto regulation in the United States.
Neil Tan: Hong Kong’s Crypto Push
Cryptocurrency firms are being driven to explore friendlier jurisdictions due to a challenging regulatory climate in the U.S., says Neil Tan, chairman of the FinTech Association of Hong Kong. The city’s strategic position as a gateway to China, combined with its robust access to capital, are strengthening its ambitions to become a leader in the virtual assets arena. However, Hong Kong faces stiff competition as it vies with Dubai and Singapore. In a Word on the Block interview with Forkast Editor-in-Chief Angie Lau, Tan explains why the comprehensive rules set by the city’s Securities and Futures Commission — including the facilitation of retail trading while ensuring investor protection — have become key attractions for these firms.
Bitcoin Holds Steady After China Rate Cut
Bitcoin (BTC) is holding steady near $27,000 as China slashed its key lending benchmarks for the first time in 10 months, which failed to lift the mood in traditional markets. Marc Chandler, Bannockburn Global Forex Managing Director and Chief Market Strategist, discusses his crypto markets analysis and outlook.
Bitcoin se mantiene estable mientras el recorte de tasas de China no fomenta la toma de riesgos
El sentimiento de aversión al riesgo es probablemente la forma que tiene el mercado de decirle a China que los recortes de tasas de 10 puntos básicos no son suficientes para estimular la desaceleración de la economía.
El nuevo presidente de Alibaba será Joseph Tsai, un defensor de las criptomonedas
JOE Tsai, ONE de los fundadores de Alibaba, ha sido un inversor activo de Web3 y una vez tuiteó: "Me gustan las Cripto".
La senadora estadounidense Elizabeth Warren pide el fin de la financiación de Cripto para el fentanilo.
En una audiencia del Senado, un alto funcionario del Tesoro de Estados Unidos dijo que los fabricantes de medicamentos chinos han encontrado "atractivos" los pagos con Cripto , y Warren citó la investigación de Elliptic para respaldar el impulso a la legislación.
El equipo detrás de las stablecoins offshore del yuan y el dólar de Hong Kong fue detenido por la policía china, según un informe.
A principios de este año, KuCoin cerró una ronda de financiación de 10 millones de dólares en CNHC.
Bitcoin retrocede a $27,000 mientras Mester de la Fed favorece un ajuste sin cesar
"Realmente no veo una razón convincente para pausar las subidas de tipos", dijo Mester de la Fed, validando la reciente revisión agresiva de los precios de las expectativas sobre los tipos de interés en Estados Unidos.
Sam Altman's Crypto Project Worldcoin Gains Some Traction in China
Worldcoin, a crypto project by OpenAI CEO Sam Altman has gained some traction in China, with users rushing to source know-your-customer (KYC) verifications on the black market. CoinDesk Executive Director of Global Content Emily Parker weighs in on the state of Worldcoin developments and breaks down its popularity around the globe.
Crypto’s Fentanyl Trade Worth Tens of Millions: Security Researchers
Law enforcement around the world has long pointed to China as being a source of deadly fentanyl as well as the precursors used to manufacture it. New research from both Chainalysis and Elliptic have put a number on how much of this trade is done in crypto. "The Hash" panel discusses the illicit use of cryptocurrencies.
