TLDR CSRC penalized Tiger Brokers, Futu and Long Bridge over overseas stock access. Regulators said the firms handled mainland trading orders without approval. The brokerages face confiscation of illegal gains and further penalties. A two-year […]
Key Takeaways Real Vision’s Raoul Pal called the U.S.-China AI race “unlike any rivalry in history” in a May 18 post on X. Pal proposed Universal Basic Equity at Consensus 2026 in Miami as AI […]
Key Takeaways USTC launched Jiuzhang 4.0, manipulating 3,050 photons to reach 92% source efficiency in quantum computing. Lu says Jiuzhang 4.0 processes data in 25 microseconds, disrupting the industry’s classic supercomputers. Bitcoin developers must address […]
Key Takeaways Both leaders extended the October 2025 trade truce under a new “strategic stability” framework. A 3.8% U.S. CPI print, the hottest in nearly 3 years, complicated the Fed rate-cut narrative and capped bitcoin’s […]
Key Takeaways In March 2026, China’s CIPS processed approximately $214 billion as Iran and Russia exited dollar markets. Iran’s IRGC is reportedly demanding crypto or yuan for 20% of global oil transit. Chainalysis reports sanctioned […]
BTC has gained less than 1% over the past seven days heading into the summit, while the 30-day picture shows a 13% surge. US President Donald Trump is set to meet his Chinese counterpart, […]
Key Takeaways: On May 2, China’s MOFCOM invoked the Blocking Statute against U.S. OFAC sanctions on 5 local oil refiners. SMU’s Henry Gao notes this 1st use of the statute since 2021 forces global companies […]
Key Takeaways Apple removed Bitchat from the China App Store on February 28, 2026, citing local legal violations. The Cyberspace Administration of China claims Bitchat violates Article 3 of its security assessment provisions. Bitchat reached […]
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