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China
Charlie Munger Calls for US Crypto Ban; Coinbase Shares Jump as Crypto-Related Stocks Continue Post-Fed Rally
Berkshire Hathaway (BRK) Vice Chairman and staunch bitcoin skeptic Charlie Munger has called for the United States to follow in the footsteps of China and ban cryptocurrencies. And, the latest on Coinbase (COIN) shares jumping more than 20% after the Federal Reserve’s latest interest rate hike.
Berkshire Hathaway’s Charlie Munger Calls Cryptocurrency a 'Gambling Contract'
In an opinion piece in the Wall Street Journal, Berkshire Hathaway (BRK) Vice Chairman and staunch bitcoin skeptic, Charlie Munger called for the United States to follow in the footsteps of China and ban cryptocurrencies. "The Hash" panel discusses Munger's latest criticism of digital assets in his long-standing history of opposition against the crypto industry.
Conflux Token Spikes 60% After Integrating China’s Version of Instagram
Conflux, the native token of the layer 1 Conflux blockchain, soared by 60.25% on Thursday after it announced it had integrated Little Red Book, China's version of Instagram. Conflux received a $5 million research grant from Shanghai's government in 2021. "The Hash" hosts discuss the cultural contexts, lack of clarity and changes in China's policy towards digital assets.
US and Asia’s Approach to Crypto
While sentiment toward crypto may be souring among U.S. regulators and lawmakers, Asia is revising policies to welcome crypto. CoinDesk Executive Director of Global Content Emily Parker discusses the difference in the U.S. and Asia's approach to crypto regulation, citing the implosion of FTX and stablecoin legislations. Plus, what can be learned from regulatory frameworks in Singapore, Hong Kong and Japan. And, insights on FTX users in China.
Токени Conflux зросли на 60%, оскільки Blockchain інтегрує китайську версію Instagram
200 мільйонів користувачів тепер зможуть відображати Conflux NFT на своїх сторінках профілю Little Red Book.
Carbonbase CEO on the State of CBDC Use In China
Carbonbase CEO Max Song shares insights into how retail central bank digital currency (CBDC) is being used inside China, among other things, to incentivize green action. Plus, he discusses challenges of a government CBDC.
Carbonbase CEO on Using Blockchain to Fight Climate Change
Carbonbase CEO Max Song discusses using blockchain to empower enterprises, individuals and communities to offset carbon emissions and create a more sustainable world. Plus, insights on China's potential pivot in the digital asset space.
Китай запускає функцію смарт-контрактів на цифрових юанях через додаток для електронної комерції Meituan
За допомогою смарт-контракту користувачі можуть WIN частину щоденного призу в розмірі 1312 доларів США за використання цифрових юанів.
Цифровий юань Китаю вперше використовувався для купівлі цінних паперів: звіт
Минулого тижня країна також додала функцію до свого платіжного додатку e-CNY, яка дозволяє користувачам здійснювати платежі офлайн.
China Includes Digital Yuan in Cash Circulation Data
The People’s Bank of China included the country's digital currency in calculations of the amount of currency in circulation in December for the first time, with e-CNY representing 0.13% of cash and reserves held by the central bank. "The Hash" panel discusses what this means for the adoption of central bank digital currencies (CBDC).