China Financial News
21.02 / 20:19
UPS
Citi
Provident
Digital
China reportedly approves crypto usage in Hong Kong, details inside
The island of Hong Kong seems to have the veiled approval of mainland China for its recent move to attract crypto investors to establish itself as a crypto hub. Recent reports suggest that Beijing is onboard with the move, which has helped to encourage mainland Chinese firms to return to the city.
21.02 / 20:19
UPS
Binance
Digital
CoinMarketCap
VeChain [VET] registers exponential growth, but is a reversal underway?
Lookonchain, in a 20 February tweet, revealed that the prices of Chinese coins were on the rise over the last few days. VeChain [VET] was one coin that experienced massive growth, with its price increasing by double digits.
21.02 / 17:11
Blockchain
UPS
Ethereum
Action
Fighting
Bitcoin
Best Crypto to Buy Today 21 February – FGHT, CFX, CCHG, NEO, RIA
Markets are exploding this week on the back of a sensational Chinese narrative.
21.02 / 14:17
Progressive
Action
Central Bank
Central Banks Hold Fate of Crypto in their Hands, Says Russian Economist
A leading Russian economist believes that central banks will ultimately determine the fate of crypto – even if they are not currently “prioritizing” their regulation of the sector.
21.02 / 13:19
Adoption
retail
Crypto Hub in the Making: Hong Kong Pushes Forward with Plans for Retail Crypto Trading
In a push toward reclaiming its position as the world's crypto hub, Hong Kong has outlined plans to allow retail investors to trade certain digital currencies on licensed exchanges.
21.02 / 08:43
business
Law
regulation
Asia
Hong Kong’s crypto ambition gets subtle nod from Beijing: Report
Hong Kong’s ambition of becoming a cryptocurrency hub is reportedly seeing subtle support from the Chinese government, in what could be seen as a contrast to the mainland’s hard-line anti-crypto stance.
21.02 / 06:49
Blockchain
Technology
Democracy
corruption
Bitcoin
rights
Bitcoin ‘fixes democracy’ and fights corruption: Human Rights Foundation
Bitcoin fixes broken democracies and fights government corruption by limiting its power to control its people, argues Bitcoin advocate and chief strategy officer of the Human Rights Foundation, Alex Gladstein.
21.02 / 05:03
BTC
Twitter
Target
Digital
SEC
Assurant
Bitcoin
Bitcoin Price Prediction as $40 Billion Trading Volume Comes In – Here are Key Levels to Watch
Bitcoin 's price has been on the rise, with a trading volume of $40 billion entering the market. The BTC/USD pair has declined less than 1% within the past 24 hours, currently trading at $24,372.00. Despite this recent dip, its value has seen a notable increase of over 11% within the last seven days.
21.02 / 00:27
business
Huobi
retail
regulatory
Huobi crypto exchange aims to expand to Hong Kong amid regulatory changes
Cryptocurrency exchange Huobi Global is seeking a license in Hong Kong, as the Chinese special administrative region considers new licensing and regulatory moves that would allow them to serve retail customers.
20.02 / 21:51
Huobi
FTX
FTX Cautions Public About Fraudulent 'Debt Tokens' and Scams Alleging Association with the Insolvent Exchange – What's Going On?
The bankrupt crypto exchange FTX has warned the public about tokens issued by groups who claim to be working on its behalf.
20.02 / 20:33
markets
Altcoin
Altcoin Watch
Sim Card
Tech Analysis
China's only public blockchain Conflux sees CFX price skyrocket 1300% in 2023
Conflux Network (CFX) is up nearly 500% in the past week with CFX emerging as one of the best-performing crypto assets in 2023 as China appears to be warming to cryptocurrency trading.
20.02 / 20:31
Blockchain
Provident
BTC
Platform
Action
Fighting
Bitcoin
Best Crypto to Buy Today 20 February – FGHT, STX, METRO, FIL, CCHG
Crypto begins this week poised. With crypto markets today in a general pattern of retracement and consolidation following an impressive weekend.
20.02 / 18:21
markets
Bitcoin
Bitcoin Price
boost
Bitcoin regains $25K amid hope record China easing will boost BTC price
Bitcoin (BTC) spent another day tackling $25,000 on Feb. 20 as analysts continued to warn over market manipulation.
20.02 / 14:23
20.02 / 14:23
scam
Legal
Chinese Prosecutors Close Net on 40 Suspected Crypto Scammers
Up to 40 suspected crypto scammers are facing prosecution in China – with 10 already standing trial.
20.02 / 13:43
Blockchain
Provident
CEO
Action
Remark
Gemini
Southern
Bull run
Crypto’s next bull run will come from the east, says Gemini co-founder
Cameron Winklevoss, the co-founder of Gemini, recently opined that the next crypto bull run will come from the East. His remarks come amid a ramp-up in enforcement action and impending crackdowns by the U.S. regulators, including the Securities and Exchange Commission (SEC).
20.02 / 11:37
Blockchain
Ethereum
EOS
EOS bulls dominate- Here’s how China can help sustain the price rise
The EOS cryptocurrency achieved a 25% rally in just three days. A contrast to its previous struggle to overcome a resistance range in which it was stuck since the last week of January.
20.02 / 10:21
HSBC
Inside the rift between HSBC and its top shareholder
For nearly a year, HSBC has openly come under pressure from its top shareholder, Ping An Insurance, in a standoff that pits Europe’s largest bank against China’s largest insurance company.
20.02 / 06:33
20.02 / 03:13
us sanctions
US sanctions are paving the way for the yuan to rival the dollar
Jason Hsu is chief investment officer at Rayliant Global Advisors
17.02 / 15:33
Facebook
Manufacturing
Action
Chase
Tencent
Adventure
Chinese Tech Giant Tencent Announces 'Personnel Reshuffle' at Metaverse Unit, Dismisses Layoff Rumors – What's Going On?
The dawn of 2023 has seen crypto assets break free of suppresive year-long price action. But with many in tech betting big on the Metaverse at the start of 2022, things are getting ugly.
latest developments in China
What is the current situation in China?
In China, the spotlight is on major events that impact the interests of residents.
Where can I find reliable news about China?
We publish verified updates about the situation in China, based on information from official representatives.
What shapes the media agenda in China?
The news landscape of China is shaped by key decisions by local authorities, reflecting its local way of life.
