China Financial News

01.06 / 12:11

Central Bank Tax Russian Central Bank Prepared to Make Some Concessions on Crypto Regulation

Russia’s staunchly crypto-skeptic Central Bank has indicated that it is prepared to soften its stance on crypto somewhat in order to allow a key piece of legislation to pass – but still favors a block on all domestic crypto-related activity.

01.06 / 10:59

cryptocurrency NFT TFA Football NFT Marketplace and Web3 App to Enter China Market

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

01.06 / 08:41

COST Manufacturing CEO Tesla Chinese electric car start-up WM Motor files to go public in Hong Kong

BEIJING — Chinese electric car start-up WM Motor filed Wednesday to go public on the Hong Kong Stock Exchange.

01.06 / 07:59

Blockchain Provident Platform Racing GMT ‘runners’ look dismayed; will STEPN lose the race to the bottom

Following the tragedy that trailed TerraLUNA and its eventual collapse, regulators worldwide have become skeptical of cryptocurrency projects and a clampdown is underway in some regions.

31.05 / 20:33

Eagle Baidu Diamondback DexCom Stocks making the biggest moves midday: American Eagle Outfitters, Unilever, Nio and more

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31.05 / 19:23

Blockchain Ethereum Gaming Bitcoin Power Bitcoin Miners Under 'Stress', Euro's Purchasing Power Wanes, Fidelity Beyond BTC + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

31.05 / 15:13

Reuters Action Eagle Sherwin-Williams Stocks making the biggest moves premarket: Yamana Gold, Credit Suisse, Unilever and more

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31.05 / 14:35

China’s Economic Downturn Shows Signs of Easing

SINGAPORE—Economic activity in China declined for a third straight month in May, though at a slower pace than in April, according to surveys of businesses and factories.

31.05 / 09:35

Government Stablecoin Tether Asia China state media signals tighter crypto regulations in Terra aftermath

The China state-owned media outlet the Economic Daily has signaled that the Chinese government may introduce even tighter regulations on cryptocurrencies and stablecoins due to the collapse of the Terra ecosystem.

31.05 / 02:51

UPS Citi Waves Gap China faces a nearly $1 trillion funding gap. It will need more debt to fill it.

BEIJING — The Chinese government faces a growing shortfall of cash, analysts say, as they predict an increase of debt to fill the gap.

30.05 / 18:41

business Blockchain Adoption City of Shenzhen airdrops 30M in free digital Yuan to stimulate consumer spending

According to local news outlet Shanghai Securities News, the City of Shenzhen will airdrop 30 million digital Chinese Yuan (e-CNY) to local residents in an attempt to revitalize consumer spending.

30.05 / 14:47

UPS economic data China’s Slowdown Poses Credibility Test for Economic Data

SINGAPORE—A severe slowdown for China’s economy during a year of acute political sensitivity for Chinese leader Xi Jinping is testing the credibility of Beijing’s official economic data.

30.05 / 14:33

Mining regulation Bitcoin Crypto miners Gov't says crypto miners consume 2% of total electricity in Russia

Crypto miners account for two percent of the total electricity consumption in Russia, according to the latest government estimate.

30.05 / 11:39

markets stocks Federal Reserve Bitcoin week 'Mega bullish signal' or 'real breakdown?' 5 things to know in Bitcoin this week

Bitcoin (BTC) is bouncing back this week as a sudden surge challenges weekly highs.

29.05 / 22:23

Unemployment week Economy Week Ahead: Hiring, Unemployment in Focus

The U.S. employment report for May caps a full week of economic data.

28.05 / 22:01

markets NASDAQ stocks Bitcoin NOT Bitcoin price action decouples from stock markets, but not in a good way

This week the stock markets began to flash a little green and Bitcoin (BTC) is decoupling from traditional markets but not in a good way. The cryptocurrency is down 3% while the Nasdaq Composite tech-heavy stock market index is up 3.1%.

28.05 / 07:43

Blockchain JPMorgan Gaming BitMEX vice chair place Russia Mulls Crypto for Int'l Payments, Fed Vice Chair Sees Place for Digital Dollar, NFT Game Blocks Users in China + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

27.05 / 20:43

Blockchain Provident Santiment STEPN: How China’s ‘regulatory policies’ caused a crash in yet another token

STEPN, a move-to-earn blockchain project had exploded by a staggering 20,000% after launching earlier this year. In fact, the move-to-earn fitness app also saw native token(s) register strong gains in March and April. However, it has been falling in May.

27.05 / 20:17

Eagle Workday Autodesk Pinduoduo Stocks making the biggest moves midday: Ulta Beauty, Big Lots, Autodesk, Workday and more

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27.05 / 18:39

Blockchain JPMorgan Gaming BitMEX vice chair International place Russia Mulling Allowing Crypto for International Payments, Fed Vice Chair Sees Place for Digital Dollar, NFT Game Blocks Users in China + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

27.05 / 15:53

Blockchain regulation regulatory Stepn to block mainland China users to comply with regulatory policies

The nonfungible token (NFT) game Stepn will ban users in mainland China in an attempt to follow Chinese regulatory requirements.

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