Tag: China

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Senator Lummis Warns China Will Overtake the US in Crypto if CLARITY Bill Stalls

The United States will lose its leadership position in crypto to other countries, including China, if US lawmakers fail to pass the Digital Asset...

The U.S. can’t lose the bitcoin race to China

The next global power competition is not being fought over missiles alone. It’s being fought over money, and right now, China is moving aggressively...

Beijing lab at $20B as AI investors look to China

Chinese AI vendor Moonshot has raised funding of about $2 billion at a valuation of $20 billion.The investment was confirmed in a statement from...

Bitcoin Gives US Leverage Against China, Defense Sec. Hegseth Says

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Defense Secretary Pete Hegseth told Congress that Bitcoin can serve as a...

House Republicans Warn That Bitcoin Weakness Benefits China

Three members of Congress positioned digital asset regulation as a matter of national security and economic competition during a panel discussion at...

China Moves to Block Meta’s $2B Acquisition of AI Startup

Meta’s bid to add AI startup Manus to its portfolio has come to a sudden halt. China’s National Development and Reform Commission has stepped in...

U.S. military runs a Bitcoin (BTC) node, sees crypto as ‘power projection’ vs China

A four-star U.S. Navy admiral has told Congress the military is running a live node on the Bitcoin network and testing it for national...

China Faces Immediate 50% Tariffs if Caught Arming Iran, Trump Says – Bitcoin News

Key Takeaways: Trump told Fox News on April 12 that China faces a 50% tariff if Beijing supplies weapons to Iran during the...

The Fintech Ecosystem of China in 2026

China’s fintech sector has never been defined by speed alone but rather on scale. By 2026, that scale remains unmatched globally, but the narrative...

China orders Apple to pull Dorsey’s Bitchat, the messaging app used during Iran protests

Tech giant Apple removed Bitchat, a decentralized peer-to-peer messaging app developed by Block CEO Jack Dorsey, from its China App Store at the request...

Apple Removes Jack Dorsey’s Bitchat From China App Store – News Bytes Bitcoin News

Key Takeaways Apple removed Bitchat from the China App Store on February 28, 2026, citing local legal violations. The Cyberspace...

Crypto Scam Leader Extradited to China to Face Charges

Li Xiong, a key member of a group that allegedly helped crypto scam rings in Asia to move money, has been extradited from Cambodia...