The United States has initiated discussions with over 70 nations to re-shape trade routes away from China, aiming to mitigate the country’s economic influence. Discussions involve major players […]
U.S. Tightens Controls on AI Chips to Curb China’s AI Advancements
The United States is taking steps to restrict the flow of advanced AI chips from American companies, particularly Nvidia, to China. This action stems from concerns that China […]
China Seeks $1.2 Billion By Selling Seized Bitcoin, Raising Market Concerns
China is set to sell a substantial amount of Bitcoin, approximately $1.2 billion worth, seized in high-profile investigations. This sale, targeting local government funding deficits, is expected to […]
China Plans Major Bitcoin Sale to Address Budget Shortfalls
China is set to launch a major cryptocurrency initiative aimed at funding local government budgets. Documents indicate that 15,000 Bitcoins confiscated in past investigations will be sold on […]
China Calls for Dialogue Amidst Growing US-China Trade Tensions
The ongoing trade dispute between China and the US continues to escalate, prompting both sides to take increasingly assertive actions. As tensions rise, China has urged the US […]
China Offloads Massive Crypto Holdings, Second Largest in the World
Following a major theft that saw over $2 billion in Bitcoin disappear during the PlusToken scam, Chinese authorities have taken action. Despite seizing the stolen funds, their ultimate […]
Trump Administration Weighs DeepSeek Ban: Could it Spark a New Era of Global AI Protectionism?
The Trump administration is reportedly considering severe restrictions on DeepSeek, a leading Chinese AI research lab, potentially escalating the tech war between the US and China. This move […]
China’s Services Target Sparks Cryptocurrency Market Volatility
The cryptocurrency market has reacted sharply to China’s recent retaliatory actions against increased U.S. tariffs, targeting specific services in response to escalating trade tensions. The move from China […]
China Denies Selling 15,000 BTC: Misinformation Risks Exposed in Crypto Markets
Claims of China selling 15,000 Bitcoin for $1.25 billion have been categorically denied by the Chinese government. Despite circulating online, these rumors lack verifiable proof and official confirmation. […]
China’s Growing Seizure of Cryptocurrency: Managing a Surge of Assets
Facing mounting pressure from economic stagnation, China is aggressively managing its growing stash of seized cryptocurrencies. With over 3,300 individuals facing prosecution for cryptocurrency-related offenses and a staggering […]
China’s Seizure of Cryptocurrency: New Strategies Emerge Amidst Growing Asset Pool
China grapples with a significant challenge – the rising volume of confiscated cryptocurrency assets. Despite stringent regulations, seized cryptocurrencies continue to increase, raising concerns about legal recognition and […]
China’s Hidden Crypto Auctions: Local Governments Sell Seized Bitcoin to Navigate Economic Strain
Bitcoin price took a hit in late 2024, dropping 10% in weeks, leaving traders scrambling for answers. Amidst the volatility, crypto news revealed that local Chinese governments are […]
China’s Q1 GDP Surprises Analysts: Resilience Faces Tariff Threat
China’s economic growth defied expectations, exceeding 5.4% in the first quarter, raising questions about future trade dynamics and tariff implications. Experts analyze potential effects on global supply chains […]
China Quietly Liquidates Seized Cryptocurrency Through Private Companies
Despite a nationwide ban on cryptocurrencies, Chinese local governments are secretly selling off digital assets seized in legal proceedings, generating significant revenue for their budgets. This practice reveals […]
China Investigates Seized Crypto: Could a National Reserve Form?
China grapples with its growing collection of seized cryptocurrency, prompting discussions about legal recognition and even a national crypto reserve. As enforcement actions against illegal activity increase, the […]