Chinese authorities are investigating unregistered cryptocurrency projects for alleged pyramid schemes, with the focus on entities that exploit investors with promises of lucrative returns through fake stablecoin investments. […]
China Investigates Cryptocurrency Projects for Pyramid Scheme Allegations
Chinese authorities are investigating several cryptocurrency projects suspected of operating as pyramid schemes. The Shiyan City Market Supervision Administration in Hubei Province has issued a risk warning, launching […]
China’s Wenzhou Court Liquidates Seized Crypto Assets via Licensed Platforms
In a landmark move, China’s Wenzhou Intermediate People’s Court successfully liquidated seized cryptocurrencies in a compliant manner. This historic case involved over 6,000 USDT, 2,700+ TRX, and 0.8 […]
Marc Andreessen Compares AI Race to Cold War: ‘Two-Horse Race’ With China at Center
Venture capitalist Marc Andreessen drew parallels between the global race for artificial intelligence dominance and the historical rivalry between the US and the Soviet Union during the Cold […]
Taiwan Imposes Export Ban on Chinese AI Companies, Threatening Innovation
Taiwan has implemented a significant export ban targeting AI companies based in China. This decision restricts Taiwanese businesses from supplying crucial technologies to these firms, significantly impacting their […]
Pi Network Addresses Chinese User Concerns Amidst Migration Delays
The Pi Network team has addressed concerns of its users in China by releasing a video message outlining security protocols. When Chinese users sign in to the Pi […]
Nvidia Excludes China from Revenue Forecast Amidst Chip Export Restrictions
Nvidia CEO Jensen Huang revealed that the company will exclude China from its revenue forecasts due to export restrictions imposed by the U.S. government on chip sales to […]
China’s Rare Earth Monopoly Remains Intact Despite Export Permit Signals
While China has indicated willingness to grant export permits to Europe and the United States, its dominance over rare earth metals appears unshaken. Analysis suggests that despite some […]
China’s Academic Concern Grows: US-Backed Stablecoins Challenge Sovereignty
Chinese academics are expressing serious alarm about the growing influence of US-backed stablecoins like USDT and USDC, which they view as a potential threat to China’s monetary autonomy. […]
China Tariff Pause Could End Soon: Market Expert Warns
A prominent financial figure has issued a warning about the temporary pause on China tariffs, suggesting that it’s unlikely to last. Howard Lutnick, Chairman and CEO of BGC […]
U.S. Official Warns Huawei’s AI Chip Production Will Remain Limited
The U.S. Commerce Department has issued a stark warning that Huawei Technologies, despite its ambition, is unlikely to produce more than 200,000 advanced artificial intelligence chips by 2025. […]
China Calls for Local Stablecoins, Criticizes US Dollar-Backed Options
China has raised concerns about the influence of US dollar-backed stablecoins like USDT and USDC, highlighting these in recent policy discussions in Beijing. This move signals a potential […]
China Drops Tariffs on African Imports, Creating Opportunity for US-Africa Trade Act
China announced the removal of tariffs on imports from all 53 African countries with formal ties. This move comes as a significant shift in China’s approach to trade […]
Trump’s Tariffs Intensify Trade War with China: Rare Earth and AI Chips at the Forefront
The US-China trade conflict escalated as President Trump maintained his aggressive stance on tariffs, while Commerce Secretary Howard Lutnick affirmed that these rates would remain in effect. High-stakes […]
China’s Digital Yuan Takes Global Steps: How It’s Challenging SWIFT
China is aggressively pushing its digital yuan (e-CNY) across international borders, leveraging technological advancements and ambitious policy initiatives to challenge traditional financial systems. A recent report highlights the […]