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

A Beijing court prosecuted five individuals operating an illegal cross-border foreign exchange scam
The Haidian District People’s Court of Beijing sentenced five individuals to prison for operating an illegal cross-border foreign exchange operation worth over $1.18 billion using cryptocurrencies. Al...

Chinese battery shipments jump 220%, raising oversupply concerns abroad
Beijing’s battery manufacturing firms have secured approximately 200 overseas orders (+220% YoY) in H1 2025, totaling 186 gigawatt-hours, after an overcapacity slump in 2024. The country plans to inje...

Scott Bessent says yuan drop against euro is Europe’s problem, not America’s
U.S. Treasury Secretary Scott Bessent said in Madrid on Thursday that the slump in China’s currency isn’t a problem for the United States, it’s Europe that should be worried. Speaking during a joint i...

Cango: Progress And Setbacks All At The Same Time
Summary The latest report from CANG came with a huge loss, but it was the price CANG had to pay to strengthen its future as a Bitcoin miner. The balance sheet continues to get stronger despite the los...

Robinhood to Open Pre-IPO Investing to Retail Traders With New Fund
Robinhood Markets Inc. has unveiled plans to give everyday traders access to private companies before they go public, marking one of its most ambitious efforts yet to expand retail participation in ma...