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USDC Backer Circle to Go Public in SPAC Deal

Amid much debate on the outlook for stablecoin regulation, Jeremy Allaire’s Circle, which issues stablecoin USD coin (USDC), is going public in a special purpose acquisition company (SPAC) deal. “Circle has a huge opportunity to provide more transparency than any other stablecoin issuer,” CoinDesk’s Nikhilesh De said.

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Penalties for Kimchi Premium Abusers, Digital Yuan on Trial Again

Kimchi premium becomes kimchi penalty. Chengdu holds China’s latest digital yuan trial. Taiwan’s Lootex uses NFTs to preserve cultural history. More on these stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

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How NFTs Could Be Closing the Income Gap in the Chinese Music Industry

Hong Kong-based singer-songwriter Hanjin Tan, the first musician to launch a Chinese music non-fungible token (NFT), discusses the role of NFTs as a potential lifeline in helping close the income gap among struggling musicians in China and other parts of Asia.

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Policy

Taiwan pode se tornar o refúgio Cripto da Ásia? Ainda não

À medida que a China reprime o setor de Cripto , Taiwan pode ser um destino alternativo para entidades de Cripto , mas as Cripto podem prosperar em Taiwan?

View of the Taipei Skyline with Taipei 101 at night

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Markets

Banco Central da China está 'preocupado' com stablecoins que representam risco para o sistema financeiro

As stablecoins globais "podem trazer riscos e desafios ao sistema monetário internacional", disse Fan Yifei, do PBOC.

People's Bank of China

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What Didi’s Downfall Means for Web 3.0

Just days after Chinese ride-hailing firm Didi completed its U.S. initial public offering (IPO), Chinese regulators ordered its app be removed from the app stores, citing data security concerns. "The Hash" team examines Didi's downfall, what it means for web 3.0, and the global implications of China's tightening oversight of data security and overseas listings.

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Markets

A repressão da China está forçando os mineradores a despejar GPUs no mercado de segunda mão: relatório

O número de listagens nos aplicativos de mercado mais importantes da China aumentou no último mês e meio.

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Policy

A Queda de Didi e o Caso da Web 3.0

A autocracia chinesa cortou a gigante do transporte de passageiros pelos joelhos. Mas a centralização tecnológica deixa as empresas de tecnologia do mundo todo igualmente vulneráveis.

Illuminated office windows at Didi's headquarters building in Beijing.

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Valkyrie CIO and Co-founder Steven McClurg: Bitcoin in Rangebound Until End of Summer

Bitcoin was holding support around $33K Tuesday and is down about 5% over the past week. The cryptocurrency had a choppy trading session during Asia hours and is stuck in a tight range since June. Valkyrie CIO and co-founder Steven McClurg discusses the outlook for bitcoin and whether it will break out soon. "I definitely see us stuck here over the summer," he said, commenting on bitcoin's trajectory. Plus, why McClurg says he thinks inflation is not transitory and the impact of China's crypto crackdowns on bitcoin's price and hashrate.

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China Bans Ride-Hailing App Didi After US Listing, Citing Data Security Concerns

Bumpy ride ahead? Chinese regulators are now ordering the country's largest ride-hailing app Didi to be removed from app stores, citing data security concerns. This comes just days after it made the second largest U.S. initial public offering for a Chinese firm. "The Hash" hosts dig into the clampdown on Didi as part of a larger conversation about the Chinese government's power play over privacy, data security and national security on crypto and big tech.

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