China


Regulación

Mexican Cartels Using BTC, ETH, USDT, Other Tokens to Buy Fentanyl Ingredients: U.S.

The financial-crimes arm of the U.S. Treasury Department has flagged the increased use of several crypto assets to support Mexican drug trafficking

U.S. authorities have warned about Mexican cartels using crypto to buy precursors to make fentanyl. (Jesse Hamilton/CoinDesk)

Regulación

Hong Kong Expands Cross-Border Digital Yuan Trial, Allows Residents to Set Up E-CNY Wallets

The pilot will also allow e-CNY wallets to pay retailers, but not person-to-person transfers.

Hong Kong harbor skyline view into Kowloon

Regulación

U.S. Blocks China-Tied Crypto Miners as 'National Security Risk' Near Nuke Base

President Biden ordered a halt to the MineOne operation near Warren Air Force Base, citing Chinese ownership, foreign technology and proximity to a strategic missile base.

Chinese-owned MineOne is said to have built a crypto mining operation within a mile of a U.S. missile base. (Warren Air Force Base)

Regulación

China's Digital Yuan Isn't Taking Off Despite State Employee Salary Trial: Report

Most early users immediately transfer the digital yuan balances to their bank accounts to spend as cash.

China digital yuan (Eliza Gkritsi/CoinDesk)

Regulación

Chinese Police Bust $296M Illegal Crypto-Based Currency Operation: Report

Police in Panshi City, Jilin arrested six people for running an "underground bank."

(chinahbzyg/Shutterstock)

Mercados

Stablecoin Expansion Stalls Ahead of U.S. Inflation Data

Wednesday's U.S. CPI data is expected to show the cost of living likely increased 3.4% over the year in April, a moderation from March's 3.5%.

Combined market cap of USDT, USDC, DAI with BTC's price and total crypto market cap. (TradingView/CoinDesk)

Regulación

Ex-Head of China's Digital Yuan Effort Facing Government Probe: Report

Yao Qian is reportedly being investigated for "violations of discipline and law."

China renminbi bills (Moerschy/Pixabay)

Mercados

Free Money? Polymarket Bet Pays 8.7% if China Doesn't Invade Taiwan

Betting against an invasion on the prediction market may yield almost 7x as much as Taiwan government bonds. Plus: Mideast turmoil barely changes U.S. presidential odds.

Taiwanese currency (Photo: sharyn morrow).

Mercados

Hong Kong's Incoming Spot Bitcoin ETFs Could Be 'Big Deal.' Here's What Analysts Say

Massive demand for a China-listed gold ETF sent its premium soaring to 30% earlier this week.

Spot bitcoin ETFs could soon be coming to Hong Kong (Allan Watt/Flickr)

Regulación

Filecoin Liquid Staking Platform STFIL Claims Team Members Under Investigation by Chinese Police

Tokens on the platform were moved to an "unknown, external address" last week while its team members were under detention

magnifying glass, investigation (Shutterstock)