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China's financial regulators have ordered the country's largest technology companies to abandon plans to launch stablecoins in Hong Kong, dealing a significant blow to the city's ambitions to become a global digital asset hub and underscoring Beijing's determination to maintain absolute control over

China Renaissance Holdings Ltd, a Beijing-based investment bank, is working to raise approximately $600 million for a digital-asset treasury centered on BNB, the native token of the Binance exchange. The token recently overtook XRP to claim the fourth position by market capitalization. The initiativ

The cryptocurrency market plunged into disarray on Friday evening, erasing over $200 billion in total market capitalization as a staggering $9 billion in leveraged positions were liquidated in a flash crash ignited by President Donald Trump's aggressive announcement of 100% tariffs on Chinese import

China-based Web3 infrastructure firm Nano Labs has unveiled a bold strategic move to accumulate up to $1 billion worth of Binance Coin, signaling one of the most aggressive altcoin treasury plays by a private company to date. The firm announced this week that it has signed a convertible promissory n

China and Russia have begun settling some energy transactions using Bitcoin as part of broader efforts to reduce dependency on the U.S. dollar, according to a senior executive at investment management firm VanEck. The development signals a potential shift in how countries conduct international trade