Douyin Removes Bitcoin Price Monitoring Feature Shortly After Adding It

It is not uncommon for the Chinese government to closely monitor and control information related to sensitive topics such as cryptocurrency. The recent removal of the Bitcoin price monitoring feature on Douyin shortly after it was added suggests that the Chinese authorities may not be as crypto-f ...

Chinese Government-backed CPIC Investment Management Launches Two Cryptocurrency Funds

CPIC Investment Management, a China Pacific Insurance Company (CPIC) subsidiary that is government-backed, has announced the launch of two new cryptocurrency funds. These funds will be focused on investing in blockchain technology, as well as digital asset staking. The launch of these funds wi ...