China banks raise dollar deposit rates to curb yuan appreciation

AI-driven job cuts in banking highlight a shift towards tech-centric operations, potentially reshaping industry roles and competitive dynamics. The post Banks prepare for widespread job cuts as AI integration accelerates appeared first on Crypto Briefing.

China’s Supreme People’s Procuratorate published a landmark case on June 7 in which prosecutors in Qingdao successfully argued that Bitcoin qualifies as legally protected property under the country’s criminal law — sentencing a thief to nearly 11 years in prison for stealing 107 Bitcoin — in a ruling that creates a striking legal contradiction at […]

A Chinese court jailed a man for 10 years and nine months after he memorized a seed phrase, stole 107 Bitcoin and took 660,000 yuan in cash.

China's regulatory push for innovation-focused investments may reshape fund strategies, emphasizing long-term tech growth over speculative gains. The post China Securities Regulatory Commission urges fund managers to support innovation, warns against speculation appeared first on Crypto Briefing.

Brazil's panda bond issuance could set a precedent for emerging markets seeking to diversify debt portfolios and reduce dollar dependency. The post Brazil plans first panda bond issuance during June China visit appeared first on Crypto Briefing.

According to Karp, AI models are highly capable when it comes to handling specific tasks, such as generating an analysis of China’s economic growth

Xi's visit underscores China's strategic role in Korean Peninsula diplomacy, potentially reshaping regional alliances and economic dynamics. The post China’s Xi Jinping heads to North Korea on June 8, his first Pyongyang visit in seven years appeared first on Crypto Briefing.

Revolut's potential $115B valuation highlights fintech's growing parity with traditional banks, signaling a shift in financial industry dynamics. The post Revolut plans secondary share sale at $115B valuation appeared first on Crypto Briefing.