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China
Fusang Defers IPO; Yuga Labs Hits $4B Valuation
Malaysia’s Fusang defers security token IPO. Support for home-grown NFTs grows in China. Australian Blockchain Week dives into intellectual property rights. BAYC creator Yuga Labs raises valuation to $4B. More on these stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Global Mining Dominance Has Shifted From China
CoinDesk Mining Reporter Aoyon Ashraf joins “First Mover” as CoinDesk kicks off Mining Week. Ashraf presents a chart showing that dominant mining regions have shifted globally since China's mining ban took effect last year. Plus, highlights from Ashraf's photo essay showcasing mining operations across the globe.
Russian Bank Given Crypto License; China To Monitor Outflows
Russia’s sanctioned Sberbank obtains crypto license from central bank. China’s Weibo allows users to mint NFTs of their social media posts. China says it will closely monitor capital outflows following Fed hike, but what might that mean for the digital yuan?
Ukraine Legalizes Crypto; Korea’s Crypto Policy Ideas
Ukraine’s President Zelenskyy signs digital assets bill into law. China’s Canaan to buy back up to $100M shares to drive value. Korea’s digital asset experts set out ideas for shaping up crypto policies. More on these stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
First Mover Asia: India Crypto Investors Await Taxation Clarity; Bitcoin Rises on a Day of Big Price Swings
India's crypto community is hoping to convince lawmakers to scale back a crypto taxation bill; bitcoin soared above $41,000.
China Highlights Crypto Crimes; Kazakh Miners Busted
Crypto related crimes exposed on China’s Consumer Rights Day. Ex-Kazakh President’s brother busted for illegal crypto mining. Bitcoin potentially inspiring a transition to renewable energy. More on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
A 'Petroyuan' Could Further Shake the Dollar's Dominance
Saudi-Chinese talks "accelerate" just as unprecedented sanctions against Russia whet global appetites for greenback alternatives.
Bit Digital Has Deployed 39% of Its Crypto Mining Rigs in North America
The firm has shipped all of its machines out of China, but is waiting on hosting capacity to be completed.
Hang Seng, China Stocks Soar as Beijing Pledges Support Amid Equity Rout
Crypto remains stable, though liquidity thin, as markets in Hong Kong climb out from the worst slump since the 2008 recession.
First Mover Asia: China Equities Woes, Tensions With US Have Barely Touched Bitcoin; Cryptos Climb
Hong Kong's Hang Seng market has suffered through some of its worst days in more than a decade but that has not seemed to affect bitcoin's price much; cryptos rose slightly amid wait for Fed interest rate decision.
