The mood in the equity and crypto market turned sour late Tuesday as Nvidia shares crashed in after-hours trading following …
Latest in China
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Web3 Gaming
Shrapnel Becomes First Foreign Web3 Game on China’s RWA Chain
by Terron Goldby Terron GoldUS-developed web3 video game Shrapnel has been granted approval to operate on China’s state-backed RWA Copyright Chain, allowing the game to …
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Global Adoption
Russia Using Crypto in Oil Trade with China and India to Skirt Western Sanctions
by Terron Goldby Terron GoldRussia is using cryptocurrencies to facilitate a small but growing part of its oil trade with China and India to …
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Metaverse and A.I.
New AI Platform Manus Gains Traction as Potential Rival to OpenAI—At a Hefty Cost
by Terron Goldby Terron GoldA new AI agent platform from China called Manus is rapidly becoming a darling among tech enthusiasts and, if the …
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Global Adoption
China Unveils $54.5B National Blockchain Implementation by 2029
by Terron Goldby Terron GoldChina has unveiled a roadmap to a national blockchain infrastructure as part of its data governance strategy, and set a …
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Global Adoption
Cryptocurrency Clarified to Be Personal Property in China, Remains Barred For Businesses
by Terron Goldby Terron GoldA recent ruling by the Shanghai Songjiang People’s Court has clarified that owning cryptocurrencies is not illegal in China. The …
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Global Adoption
China Classifies Crypto Transactions as Money Laundering in Update to AML Law
by Terron Goldby Terron GoldOn Monday, Chinese authorities explicitly recognized “virtual asset” transactions as a method of money laundering, marking the first instance in …
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Global Adoption
China, Kazakhstan Central Banks to Cooperate on Digital Currency
by Terron Goldby Terron GoldLast week China’s President Xi Jinping visited Kazakhstan.The Chinese government reported that the country supports Kazakhstan becoming a member of BRICS and President Xi …
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Global Adoption
Saudi Arabia Joins BIS & China Led Central Bank Digital Currency Project
by Terron Goldby Terron GoldSaudi Arabia has joined a China-dominated central bank digital currency cross-border trial, in what could be another step towards less …
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On May 17, the Hong Kong Monetary Authority (HKMA) announced an expansion of its role in the pilots for China’s central …































































































































