Beijing’s subtle squeeze on foreign AI hardware could reshape the chip
market and not in Nvidia or AMD’s favor.The Great Chinese Chip NudgeBeijing has decided Nvidia’s H20 AI processors are better…
Nvidia AMD chip sales to China will now require both companies to surrender 15% of their revenue to the US government under a new agreement that allows the resumption of…
Chinese authorities have instructed local firms to stop publishing research or holding seminars related to stablecoins, according to a Friday report from Bloomberg.Chinese financial regulators have reportedly asked local brokers…
China plans to allow the launch of its first stablecoins in a bid to internationalise the renminbi and compete against the US dollar, per a Financial Times report. Hong Kong…
Worldcoin’s iris scan risks have triggered some major security warnings from China’s Ministry of State Security. They’re claiming that Sam Altman’s biometric cryptocurrency project poses some serious threats to national…
$PUMP REBOUNDS, CRYPTO EDGES LOWER, CHINA TESTING STABLECOINSCrypto volatile amid weaker macro picture. BTC ETF outflows continue, ETH turns positive. Short term BTC holders dump $18b as whales buy. Liquid…
Indian Prime Minister Narendra Modi will visit China later this month on Aug 31, according to a Reuters report. Modi will be participating in the SCO (Shanghai Cooperation Organisation) in…
China has issued a warning over the growing use of biometric data by crypto-linked projects, cautioning that iris-scanning schemes operating under the guise of digital asset distribution may threaten personal…
In brief
Two Chinese nationals are accused of skirting export controls by sending high-end GPUs to China.
Prosecutors say the defendants routed shipments through Asia to hide their true destination.
The men face…
The Chinese government has always made its intent known to the world when it comes to the US dollar. China wants to lead the world, and to do so, it…