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China Owns $3.9B Bitcoin Worth Despite Its Anti-Crypto Stance

The Chinese government has been known for its anti-crypto stance and clampdowns. However, it owns $6B worth of cryptocurrencies, including $3.9 billion worth of Bitcoin, $1.2 billion worth of Ethereum, and other cryptos.

Did China Really Leave The Crypto Markets?

China might be passively involved in crypto behind the scenes. Find out how

Kazakhstan Retains Its Position As The Third Largest Hub For Bitcoin Mining

The Cambridge Centre for Alternative Finance (CCAF) revealed that Kazakhstan-based miners accounted for 13.22% of the total Bitcoin hash rate, with the country’s monthly hash rate averaging 24.6 Eh/s. 

Hong Kong Seeks To Legalize Crypto Trading

Hong Kong regulators aim to reconsider their stance on crypto by allowing retail investors to directly invest in crypto assets.

Bitcoin Miners Migration to Texas: Should Texans be Worried?

Bitcoin mining Companies relocating from China and elsewhere are settling in Texas. The state has what the companies need, and the companies are bringing capital investments and jobs. Here’s what we know.

China's Digital Currency Rollout Records Massive Success

The Chinese CBDC, e-CNY, has recorded great success in its pilot stage as transactions exceed the $14B mark. It has also seen more adoption than any other CBDC in the world, with the number of transactions exceeding 360M.

Bitcoin Policy Institute Recommends USA To Reject CBDCs

The report published by Bitcoin Policy Institute addressed the structural problems prevalent in Central Bank Digital Currencies and argued that Bitcoin and stablecoins serve as better alternatives to CBDCs.

Chinese Authorities Arrest Criminal Group Suspected Of Laundering $5.6B

Authorities from China’s Hengyang County Public Security arrested members of a major criminal organization as part of the “Hundred-day Action” campaign.

Chinese Court Authorizes Crypto Trading But Only as Virtual Assets

Beijing Court has permitted interested Chinese citizens to trade cryptocurrencies only as virtual currencies amidst China’s ban on crypto-related services.