Tagged: china

February 13, 2026 @ 4:49 pm By Omar Faridi  |  

In a recent development in the ongoing battle against international financial fraud, a U.S. federal judge has handed down a 20-year prison term to Daren Li, a 42-year-old man holding dual citizenship in China and St. Kitts and Nevis. The sentence, delivered in absentia in… Read More

February 11, 2026 @ 9:45 am By JD Alois  |  

China is home to the second-largest economy in the world. It is also home to many very large Fintechs. Recently, it was reported that authorities reiterated their ban on crypto and on private firms enabling digital assets. But one observer says China is not anti-tokenization;… Read More

February 9, 2026 @ 12:55 pm By Omar Faridi  |  

In early February 2026, Chinese regulators (again) escalated their long-standing opposition to cryptocurrencies by issuing a joint statement from the People’s Bank of China (PBOC) and seven other agencies. The directive reportedly bans unauthorized offshore issuance of yuan-linked stablecoins and imposes strict vetting on tokens… Read More

January 30, 2026 @ 9:18 pm By Omar Faridi  |  

Australia’s ongoing economic ties with China have undergone a significant transformation, driven by changes in the global economy. Economists at the Commonwealth Bank of Australia (CBA) highlight how internal challenges in China and evolving international supply networks are compelling Australian businesses to broaden their horizons…. Read More

January 28, 2026 @ 8:03 pm By Omar Faridi  |  

Chainalysis pointed out that in recent years, networks operating primarily in Chinese-language channels have emerged as a major player in the shadowy world of cryptocurrency-based money laundering. Chainalysis also explained that these groups, often referred to as Chinese-language money laundering networks (CMLNs), now account for… Read More

January 23, 2026 @ 2:35 am By Omar Faridi  |  

Thunes has teamed up with UnionPay International to introduce a streamlined system for sending money directly to mainland China. This collaboration enhances the efficiency of international transfers, making them quicker, more dependable, and clearer for users worldwide. By establishing a direct link between Thunes’ extensive… Read More

January 19, 2026 @ 8:36 am By Omar Faridi  |  

The mBridge platform—a collaborative initiative spearheaded by China for cross-border payments using central bank digital currencies (CBDCs)—has exceeded $55 billion in total transaction value. This milestone, highlighted in a recent analysis, underscores the evolution of digital payment systems amid efforts to streamline international trade and… Read More

January 7, 2026 @ 12:28 pm By JD Alois  |  

We need banking services; we just don’t necessarily need banks.  The advent of digital assets and the potential for disintermediation pose both threats and opportunities for traditional banks. Stablecoins may upend traditional financial rails, and the GENIUS Act provided a federal path for firms to… Read More

December 31, 2025 @ 1:30 pm By Omar Faridi  |  

In the evolving ecosystem of digital finance, a Coinbase (NASDAQ:COIN) executive has raised alarms about potential U.S. policy missteps that might undermine America’s position in global monetary innovation. Faryar Shirzad, the cryptocurrency exchange’s chief policy officer, highlighted how limiting incentives on American stablecoins could inadvertently… Read More

December 29, 2025 @ 8:26 am By Omar Faridi  |  

China’s central bank, the People’s Bank of China (PBOC), has unveiled a comprehensive action plan to elevate its central bank digital currency (CBDC), the digital yuan (e-CNY). Effective January 1, 2026, this initiative will introduce an upgraded governance framework, operational mechanisms, and supporting infrastructure, marking… Read More

December 24, 2025 @ 2:01 pm By Omar Faridi  |  

GlobalData noted that as 2025 progressed, the world’s economy had largely moved beyond post-COVID distortions, however, growth still remained somewhat uneven and the path into 2026 looks a bit fragile. A comparatively strong first half of 2025, helped by firms advancing imports, quick supply-chain reconfiguration,… Read More

December 23, 2025 @ 8:45 am By Omar Faridi  |  

China’s venture capital funding ecosystem has experienced a significant decline in deal value, despite showcasing “resilience in terms of volume.” The total number of VC deals announced in China increased by 8% during January-November 2025 compared to the same period in the previous year whereas… Read More

December 19, 2025 @ 1:45 pm By Omar Faridi  |  

The Monetary Authority of Singapore (MAS) announced financial and capital markets initiatives to deepen financial cooperation with China. The initiatives were announced at the 21st Joint Council for Bilateral Cooperation (JCBC) meeting in Chongqing, China, which was “co-chaired by Singapore Deputy Prime Minister and Minister… Read More

December 9, 2025 @ 12:58 am By Omar Faridi  |  

China Vanke, which has been long regarded as one of the safest names in Chinese real estate, has now seemingly emerged as a stark example of the mounting strain within Beijing’s ongoing property rescue efforts. The critical inflection point was Vanke’s “first-ever” proposal to investors… Read More

December 8, 2025 @ 7:56 pm By Omar Faridi  |  

UBS (NYSE:UBS), the global wealth manager, announced the release of the latest UBS Billionaire Ambitions Report, which surveyed UBS billionaire clients around the world on the challenges and opportunities they tend to face. This report focuses on the forces driving global wealth creation, the “increasing… Read More

December 1, 2025 @ 11:06 am By JD Alois  |  

The People’s Bank of China issued a statement over the weekend regarding concerns about ongoing crypto speculation and a crackdown on stablecoins. Mainland China has banned crypto for years, allowing Hong Kong to serve as a jurisdiction where digital asset development and experimentation can take… Read More

November 30, 2025 @ 6:51 pm By Omar Faridi  |  

Compass Mining noted in a recent update that China currently holds an estimated 14% share of the global Bitcoin mining market. This, according to Hashrate Index, which reportedly makes it the world’s third-largest contributor to the overall global hashrate. Compass Mining also mentioned in their… Read More

October 28, 2025 @ 8:14 am By Omar Faridi  |  

Despite Standard Chartered analysts incorrectly forecasting this past week a BTC price drop below $100,000 being “inevitable” over the weekend, Bitcoin surged to over $113,800 on October 24, 2025 following the announcement that the US and China have formally committed to a framework agreement made… Read More

October 22, 2025 @ 8:57 am By Omar Faridi  |  

In yet another powerful reminder of China’s unyielding control over financial tech innovation, two of its technology firms—Alibaba (NYSE:BABA)-affiliated Ant Group and online retail behemoth JD.com—have abruptly suspended their plans to launch stablecoins in Hong Kong. This development, revealed over the weekend, underscores Beijing’s deepening… Read More

October 20, 2025 @ 11:48 am By Omar Faridi  |  

CoinShares (OTCQX: CNSRF) noted in an analysis this past week that Bitcoin prices have now returned to levels last seen in June of this year, after what they view as a somewhat puzzling correction. CoinShares also mentioned that from the recent peak, prices have dropped… Read More