The Hong Kong Monetary Authority and Shanghai partners will study a blockchain cross-border platform linking cargo trade data, e-bills of lading and finance under Project Ensemble.
China Crypto News

China, a global economic powerhouse with the world’s largest population, drives significant global trade marked by rapid industrialization and economic growth. China once served as a center for crypto trading and had a vibrant ecosystem of exchanges. However, in 2017, the Chinese government outlawed domestic cryptocurrency exchanges and initial coin offerings (ICOs) because of concerns about financial stability.
China intensified its regulations in 2021 by focusing on crypto mining — once a massive industry in the nation — citing concerns about speculative risk, financial stability and energy usage. Despite its hardline stance on cryptocurrencies, China is actively pursuing blockchain technology adoption across various sectors, including finance, supply chain and urban planning.
Blockchain parks and incubators have been established in various provinces and towns to aid new businesses and established firms specializing in blockchain technology. With its Digital Currency Electronic Payment system — a state-backed digital currency managed by the People’s Bank of China — China is at the forefront of central bank digital currency development. China wants to internationalize its currency and lessen reliance on the United States dollar in international trade and finance, and its CBDC, the digital yuan, is a component of that effort.
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The seizures and freezing over three months were conducted by the District of Columbia’s Scam Center Strike Force, established by US Attorney Jeanine Pirro in November.
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Anthropic alleges Chinese AI companies DeepSeek, Moonshot and MiniMax made 24,000 accounts and 16 million Claude exchanges to scrape its AI bot for training.
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Bitcoin’s mining difficulty climbed to 144.4 trillion after January storms briefly slashed hash rate, while some US miners offset downtime by selling electricity back to the grid.
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Bitcoin may stay capped under $70,000 as traders deploy bearish options strategies, and spot BTC ETF outflows point to a retest of the yearly low.
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China’s rapid AI infrastructure expansion threatens to shape crypto’s future. The US must prioritize energy and open rails to lead.
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US spot Bitcoin ETFs continue to see slowing outflows as investors and analysts examine Q4 2025 filings showing which institutions bought and sold crypto ETFs.
3463 - Opinion
Centralized digital identities create single points of failure. Identity system architecture determines whether empowerment or surveillance prevails.
2103 - News
The six-month central bank pilot brings together market infrastructure providers, banks and Web3 companies to assess how core UK markets could move onchain.
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The sale shows how Bitcoin miners are reshaping strategies as mining economics continue to deteriorate.
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The Bitcoin network's mining difficulty dropped by as much as 27% within a single adjustment period during China's 2021 crypto mining ban.
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The latest announcement from the People's Bank of China follows months of flip-flopping on privately issued yuan-pegged stablecoins.
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US Treasury Secretary Scott Bessent says banks and crypto may begin to offer similar products, and pledged to prevent deposit flight concerns that are stalling a key crypto bill.
2435 - Market Analysis
Bitcoin options flashed extreme fear signals as the spot BTC ETF outflows rose, and the odds for a drop below $80,000 increased. Will dip buyers step in to save the day?
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Senate Democrats have threatened to block a funding bill if it includes money for the Department of Homeland Security, making traders fearful of another possible US government shutdown.
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