China News

Dr. Xiao Feng of HashKey Group, often dubbed as The Father of China’s Blockchain, warns that cryptocurrency hype far exceeds regulatory reality in Asia’s emerging markets. The influential CEO argues stablecoins aren’t payment tools but represent a fundamental reimagining of global financial infrastructure. The Stablecoin Fever: Hong Kong’s Cautious Regulators vs. Market Enthusiasm In a…

Chinese authorities dismantled a Bitcoin (BTC) laundering operation involving employees of Kuaishou, the country’s second-largest TikTok-style video-sharing platform. China remains one of the most stringent regulatory environments for cryptocurrencies globally. Its near-total ban is driven by concerns over financial stability, capital flight, crime, and environmental impact. Kuaishou Employees Imprisoned for $20 Million Bitcoin Scheme The…