Alibaba’s home province of Zhejiang sets up metaverse industrial association
China’s Zhejiang province, the home province of e-commerce giant Alibaba Group,has established a metaverse industrial association.
-
Stablecoins can make banking safe again: Opinion
Stablecoins play a pivotal role as a safe-haven medium of exchange in times of high inflation, writes James Glasscock. But they’re not without risks.
-
Bitcoin dips but recovers back above US$30,000; Ether, most other top 10 crypto lose ground
Bitcoin dipped under US$30,000 in early Asia trade before recovering. Ether and other top 10 cryptocurrencies fell, while NFT trading slumped.
-
Financial Stability Board recommends stricter global crypto regulation after year of industry blow-ups
The Financial Stability Board (FSB) published on Monday a global regulatory framework for crypto-asset activities to provide a global regulatory and supervisory foundation for crypto. The recommendations made to the G20 – the 20 leading economies of the world – are based upon the principle of “same activity, same risk, same regulation.”
-
Bitcoin, Ether slip, top cryptos mixed, XRP biggest gainer after last week’s court win
XRP continued its rally after XRP issuer Ripple’s favorable ruling last week in its lawsuit with the U.S. Securities and Exchange Commission (SEC).
-
How Asia is emerging as a safe haven for digital assets: Opinion
As the US is engulfed in regulatory strife, Asian countries are rolling out legal frameworks that attract crypto investment, protect consumers and encourage innovation.
-
Beijing to train 10,000 engineers in digital technologies, including blockchain, each year
Beijing municipal government plans to train 10,000 engineering talents each year in emerging technologies including blockchain, AI and big data.
-
Bitcoin dips over weekend, other top 10 cryptos mixed; US stock futures edge down
Bitcoin rose to trade at over US$30,300 on Monday morning in Asia, but the price fell over the weekend to around the pre-Ripple ruling level.
-
Celsius founder Alex Mashinsky arrested, pleads not guilty to fraud
Alex Mashinsky, founder and CEO of Celsius Network, pleaded not guilty after being arrested in the U.S. Thursday on several fraud-related criminal charges.
-
Europe’s first spot Bitcoin ETF set to launch in July: FT
Europe’s first spot Bitcoin exchange-traded fund (ETF) is expected to be publicly listed this month, following a 12-month delay from the initially planned date