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China
PBoC Denies Claims It Will Launch Digital Currency in November
China's central bank has played down reports that it will issue its digital yuan in November through major banks and companies.
MicroBT Expects $400 Million in Q3 as Bitcoin Miner Sales Surge
The maker of WhatsMiner bitcoin miners says it expects to have delivered 200,000 devices by the end of the quarter.
Binance Makes Strategic Investment in Chinese Crypto Media Firm
Cryptocurrency exchange Binance has made an undisclosed investment in Chinese media and data source Mars Finance.
Trump's Trade War May Be Driving Chinese Investors to Bitcoin
As the Chinese yuan falls in value due to the trade war with the U.S., there are signs that locals are increasingly moving funds into bitcoin.
HSBC Targets China Trade With Yuan-Demoninated Blockchain Letter of Credit
HSBC has carried out the first blockchain-based letter of credit transaction denominated in Chinese yuan.
Why Tether Volume Is at All-Time Highs
The dollar-pegged stablecoin tether (USDT) has become a virtual bridge between Chinese traders and global markets.
Circle CEO: China’s Digital Currency Could 'Bypass' Western Banks
Circle CEO Jeremy Allaire said China is setting the pace in the development of a digital currency equivalent of its fiat currency, the renminbi.
Bitcoin Miners Halt Operations as Rainstorm Triggers Mudslides in China
A severe rainstorm in China's southwest has led to fatal mudslides, causing some local hydropower plants and bitcoin miners to halt operations.
Central Banks, Stablecoins and the Looming War of Currencies
A flood of competing stablecoins is coming to the global economy, setting the stage for what could be a climactic battle with the world's biggest central banks.
China's Central Bank 'Close' to Launching Official Digital Currency
An official at China's central bank has said the institution is nearing the launch of its national digital currency.