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

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Musk’s xAI in legal battle with ex-engineer

Musk’s xAI in legal battle with ex-engineer

Elon Musk’s artificial intelligence startup xAI has launched a lawsuit against a former engineer accused of stealing proprietary information to take to rival OpenAI. The lawsuit came just as Taiwan Se...

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1 min
Bitcoin heads toward $100K as US trade deficit, China bank woes raise alarm

Bitcoin heads toward $100K as US trade deficit, China bank woes raise alarm

Bitcoin’s sell-off accelerates as macroeconomic challenges prompt stock and crypto traders to cut risk....

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1 min
Crypto Cast As The Villain, But Banks Quietly Move Billions In Suspect Funds

Crypto Cast As The Villain, But Banks Quietly Move Billions In Suspect Funds

FinCEN on Thursday put banks and other financial firms on notice about a sprawling set of Chinese crypto and money laundering networks, saying they play a major role in moving illicit funds tied to Me...

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1 min
Japan May Launch First Yen-Backed Stablecoin Amid Rising Institutional Bitcoin and Ether Activity

Japan May Launch First Yen-Backed Stablecoin Amid Rising Institutional Bitcoin and Ether Activity

Japan is preparing to launch its first fully collateralized, yen-backed stablecoin later this year, aiming to enable yen-denominated remittances and corporate settlements while operating under the cou...

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1 min
Crypto Biz: Japan’s quiet stablecoin coup

Crypto Biz: Japan’s quiet stablecoin coup

Japan readies its first yen-backed stablecoin, signaling a shift from regulatory caution to active participation in digital finance....

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1 min
Spain canceled a €10 million ($11.7 million) fiber contract with Telefónica over its use of Huawei equipment

Spain canceled a €10 million ($11.7 million) fiber contract with Telefónica over its use of Huawei equipment

Spain has canceled a fiber-optic service contract with Telefonica due to the Spanish telecoms group’s use of equipment supplied by China’s Huawei. The Digital Transformation Ministry said on Friday it...

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1 min
Bitcoin Breaks Class Barriers, Says Eric Trump at Bitcoin Asia conference

Bitcoin Breaks Class Barriers, Says Eric Trump at Bitcoin Asia conference

On August 29, Eric Trump has shared his views on how Bitcoin BTC is changing the way people interact with money ....

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1 min
Eric Trump Says Bitcoin Can Hit $1M, Hails China’s Role at Bitcoin Asia Conference

Eric Trump Says Bitcoin Can Hit $1M, Hails China’s Role at Bitcoin Asia Conference

Eric Trump told attendees at Bitcoin Asia that he spends most of his time on digital assets and sees bitcoin as central to finance’s future, speaking with interviewer David Bailey, the KindlyMD CEO an...

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1 min
US tightens China chip curbs, pulls Samsung and SK Hynix approvals

US tightens China chip curbs, pulls Samsung and SK Hynix approvals

The United States has moved to tighten chip rules in China, cancelling approvals that had let Samsung and SK Hynix obtain U.S. chipmaking gear for their China operations, according to a notice in the ...

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1 min
Eric Trump Says China Is “A Hell Of A Power” In Bitcoin, Reiterates $1 Million BTC Price Tag

Eric Trump Says China Is “A Hell Of A Power” In Bitcoin, Reiterates $1 Million BTC Price Tag

Eric Trump, son of US President Donald Trump, praised the impact of China on the crypto market and stated that there’s “no question” the nation had “made an unbelievable mark on Bitcoin and cryptocurr...

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1 min
China Mulling the Use of Stablecoin for International Payments

China Mulling the Use of Stablecoin for International Payments

China’s state-owned energy company, PetroChina, moves towards digital finance as it sets its sights on stablecoins for settling cross-border energy trades. According to the announcement , this shift c...

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1 min
Eric Trump Explains Why Bitcoin Is Destined For $1 Million: ‘No Question About It’

Eric Trump Explains Why Bitcoin Is Destined For $1 Million: ‘No Question About It’

Eric Trump laid out a bluntly bullish, supply-and-demand case for why Bitcoin can reach $1 million, arguing that accelerating institutional access collides with Bitcoin’s fixed 21 million-coin cap, du...

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1 min