Crypto in China

Chinese fabless integrated circuit design company Nano Labs has announced that it has opened a Coinbase account and begun accepting Bitcoin payments for its products. Its decision to expand its global transaction options coincides with Bitcoin reaching an all-time high of $90,000. Nano Labs Turn to Bitcoin In its official press release, Nano Labs stated that it is responding to the growing demand for digital currency transactions in the technology sector by accepting Bitcoin...

In line with a broader trend among major tech firms, Chinese e-commerce behemoth Alibaba is downsizing its metaverse operations. The restructuring, which aims to improve efficiency, led to layoffs in Yuanjing, Alibaba’s metaverse unit, as the company recalibrates its focus in this sector. Downsizing Metaverse Unit According to the report by South China Morning Post, which is also owned by Alibaba, this move has affected “dozens” of employees. The layoffs reportedly impacted...

At the 2024 Tsinghua PBC Chief Economist Forum, former Chinese Vice Minister of Finance Zhu Guangyao urged China to re-evaluate its approach to the crypto industry. He cited the evolving international stance on digital currencies, particularly in the United States, where the asset class has gained political support from key figures like U.S. presidential candidate Donald Trump. Policy Shift In his speech, Zhu acknowledged the risks and challenges posed by crypto but...

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WeChat ist mit den verschiedensten Online-Inhalten verknüpft und kann selbst zum Online-Shopping genutzt werden. Denn ebenfalls von zentraler Bedeutung ist WeChat Pay, der integrierte Bezahldienst. Dieser wird in China von rund 600 Millionen Menschen genutzt und ist damit eine der wichtigsten Bezahlmethoden überhaupt. WeChat hat sich in...

Werbung für Antfinancial und AliPay an der Fussball EM 2024 in Deutschland AliPay, der chinesische Gigant im Bereich Mobile Payment, macht in Europa zunehmend von sich reden. Mit seiner breiten Palette an Funktionen, die weit über das reine Bezahlen hinausgehen, stellt sich die Frage, ob AliPay das Potenzial hat, die europäische...

Tron founder Justin Sun has urged China to reconsider its stance on cryptocurrency and embrace friendly policies. Sun’s call to action comes in the wake of former President Donald Trump’s speech at the Bitcoin 2024 event, where the former President pledged to prevent China from dominating the global digital asset industry. Sun Sees US-China Crypto Rivalry as a Positive Force In a July 28 post on X, Sun urged China to advance its crypto regulations in response to former...

USDT is one of the most widely adopted stablecoins, which are blockchain-based currencies that are tied - or tethered - to fiat currencies. Tether's mission is to offer a safer digital asset that isn't affected by market volatility in the same way that Bitcoin is. In der sich ständig weiterentwickelnden Welt der Kryptowährungen haben sich Stablecoins als unverzichtbare Stütze erwiesen. Sie bieten Stabilität inmitten der Volatilität und ermöglichen es Anlegern, die Vorteile der...

Zu den Metallen der Seltenen Erden gehören die chemischen Elemente der 3. Nebengruppe des Periodensystems und die Lanthanoide – insgesamt also 17 Elemente. Im Bild: Seltene Erden aus Baotou, China Foto CC 3.0 by Brücke-Osteuropa Seltene Erden, auch Seltenerdmetalle genannt, sind eine Gruppe von 17 chemischen Elementen, die trotz ihres Namens gar nicht so selten sind. Einige von ihnen kommen in der Erdkruste sogar häufiger vor als beispielsweise Blei oder Kupfer. Ihre...

Blockchain intelligence firm TRM Labs has revealed that cryptocurrency deposits into crypto addresses linked to Chinese drug precursor manufacturers more than doubled in the first four months of 2024 compared to the same period in 2023. In 2023, Chinese precursor networks received over $26 million in cryptocurrency, with 97% of the over 120 manufacturers studied offering payment options in digital currencies. Bitcoin Dominates Transactions According to TRM Labs, the overall...