ASIA
Latest cryptocurrency news and articles about asia. Stay updated with developments, analysis, and insights.

BYD loses ground to competitors in China’s EV market
BYD is currently free-falling in the Chinese market as its competitors gain impressive ground. Following the crackdown on aggressive discounting strategies used by Chinese automakers, the sector’s lea...

Jack Ma’s Yunfeng Financial Adds $44M in Ethereum to Reserves
The Hong Kong-based firm, backed by Alibaba founder Jack Ma , confirmed that the Ethereum acquisition was carried out on the open market and financed entirely with its internal cash reserves. By doing...

Jack Ma-Linked Yunfeng Financial Buys 10,000 ETH ($44M) to Add Ethereum to Reserves
On September 2, COINOTAG reported that Hong Kong-listed Yunfeng Financial (00376.HK) disclosed Board approval to acquire ETH as a reserve asset. The Group has cumulatively purchased 10,000 ETH in the...

BTCC Announces Participation in Token2049 Singapore 2025, Showcasing NBA Collaboration with Jaren Jackson Jr.
VILNIUS, Lithuania, September 2nd, 2025, Chainwire BTCC , the world’s longest-serving cryptocurrency exchange, announced its participation in Token2049 Singapore 2025, the leading global gathering for...

Putin, Xi ties are as solid as ever after decade of trade deals and US antagonism
Russia and China spent centuries eyeing each other with suspicion. Now, after ten years of energy deals, joint military drills, and one brutal invasion, they’re looking more like business partners tha...

Jack Ma-linked Yunfeng Financial acquires $44M of ETH amid Web3 push
Hong Kong-listed Yunfeng Financial purchased $44 million of ETH to support its expansion into Web3, real-world assets and tokenized finance....

Ethereum Scores Milestone As Chinese Firm Floats 1st Public RWA Bond
China has taken another step into blockchain-based finance, but in a way that avoids direct involvement with cryptocurrencies. A state-owned firm in Shenzhen has launched a digital bond offering on Et...

Russia and China sign Power of Siberia-2 gas supply expansion deal
Russia’s Gazprom and China’s CNPC have today agreed to build the Power of Siberia-2 gas pipeline and Soyuz-Vostok pipelines via a legally binding memorandum. Alexei Miller, Gazprom CEO, revealed that ...

Tokenization: ‘Transformational Change’ or Ticking Time Bomb? European Regulator Weighs In
Tokenization could fundamentally reshape Europe’s financial markets by combining familiar instruments with cutting-edge distributed ledger technology; however, regulators warn that the transition must...

Chinese rigs head stateside as US agenda steals the show at Bitcoin Asia
Bitcoin Asia happened in Hong Kong last week, but the power plays didn’t. The crowd showed up in Asia, the headlines went west. Everyone inside the venue, from miners to politicians to fanboys with fr...

Oil sees over 2% gains despite strain in US, India, Russia economic ties
Oil prices surged sharply on Tuesday as fresh missile exchanges in Ukraine disrupted Russian output and triggered new trade penalties from Washington. According to data from CNBC, Brent crude for Nove...

Cango Inc. Announces August 2025 Bitcoin Production and Mining Operations Update
HONG KONG, Sept. 2, 2025 /PRNewswire/ — Cango Inc. (NYSE: CANG) (“Cango” or the “Company”) today published its Bitcoin production and mining operations update for August 2025. Bitcoin Mining Productio...