Global #China

President Donald Trump has signaled that the future of TikTok in the U.S. could depend on whether China agrees to a deal regarding the popular video-sharing app.

A recent ruling by the Shanghai Songjiang People's Court has shed light on China's stance on cryptocurrency ownership.

As the U.S. positions itself to become a global crypto hub, China may face increasing pressure to rethink its stance on digital assets.

In a bold move reflecting the growing convergence between traditional tech companies and cryptocurrency, Nano Labs, a prominent Chinese chipmaker listed on the Nasdaq, has announced that it will begin accepting Bitcoin as a payment method for its products and services.

While China has imposed strict regulations on cryptocurrencies, it's simultaneously making significant strides in developing its own blockchain technology and digital currency.

Bitcoin's price has experienced a significant uptick following the reopening of Asian stock markets, primarily driven by China's positive economic outlook and stimulus measures.