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China
Tencent Halts NFT Sales on Its Huanhe Platform Amid Regulatory Scrutiny: Report
Users will still be able to hold, display or request a refund for their digital tokens.
Chandler Guo on China's Crypto Mining Outlook
Last September, Chinese authorities ordered a crackdown on crypto mining and outlawed virtually all crypto trading activities, leading to the migration of crypto miners out of the country. Ethereum miner Chandler Guo discusses the future of crypto and mining in China and why he sees all miners ultimately moving to Canada and the U.S.
India Regulator Probes at Least 10 Crypto Exchanges on Money Laundering Allegations: Report
The Enforcement Directorate believes approximately 1000 crore rupees ($130 million) could have been laundered in the case.
Investors Watch Markets as Pelosi’s Taiwan Trip Weakens Risk Sentiment
U.S. House Speaker Nancy Pelosi landed in Taiwan on Tuesday, raising geopolitical tensions in China and zapping investor risk appetite. Race Capital General Partner Edith Yeung discusses her take on Pelosi's "truly reckless and really dangerous" visit and why "nothing good [will] come out of it." Plus, her analysis and outlook of the "warm" crypto winter.
Bitcoin, Ether Slip as Risk Sentiment Wanes Amid Pelosi’s Taiwan Visit
The crypto market wilted as geopolitical tensions zapped investor risk appetite and excitement around Ethereum’s merge began to deflate. As Ether overtook the options market for the first time, Quantfury Head of Markets Daniel Muvdi predicts that ether has the potential to eventually “flip bitcoin in market cap.”
Ex-CFTC Chairman Discusses Celsius' Bankruptcy and CBDC Adoption
The former Commodity Futures Trading Commission chief joined CoinDesk TV’s “First Mover” to discuss why the bankruptcy of lender Celsius Network could set legal precedent in future crypto hearings, and why the likelihood of CBDC adoption worldwide could be based on Chinese technology.
Ethereum Surges Ahead of Merge Event
Delphi Digital Markets Associate Jason Pagoulatos discusses the potential factors driving ETH's price higher as it surges roughly 12% in the last 24 hours ahead of its merge with the Beacon Chain to transition from proof-of-work to a proof-of-stake consensus model. Plus, the impact of China's slowing GDP growth on global finance and other macro headwinds to watch.
Shanghai Plans to Cultivate $52B Metaverse Industry by 2025
Shanghai wants to create more than 100 companies in a plan that focuses on virtual reality and increased connectivity.