China Debuts AxCNH in Kazakhstan: Offshore Yuan Stablecoin Signals A Push Into Cross-Border Finance
On September 17, 2025, Kazakhstan became the site of a landmark development in the world of digital finance: the launch of AxCNH, the first regulated offshore stablecoin tied to the Chinese yuan (specifically, the offshore yuan, known as CNH). Developed by AnchorX, a Hong Kong‐based fintech, and built on technology from Conflux, a Chinese‐backed blockchain infrastructure, AxCNH marks a new chapter in China’s efforts...
India Orders Mandatory Cybersecurity Audits as Crypto Heists Surge
In a decisive response to mounting crypto security incidents, the Indian government has issued a directive requiring all cryptocurrency exchanges, custodians, and related intermediaries to undergo external cybersecurity audits. The move comes after several high-profile hackings rattled trust in the sector, and reflects a growing determination in New Delhi to bring crypto platforms under stricter oversight.Under the new rules, any enterprise operating in the...
Recent Price Movements in Crypto
The cryptocurrency market, known for its volatility and rapid shifts, has recently showcased notable price movements that have caught the attention of investors and...
Bitcoin Miners Increase Sales
The cryptocurrency landscape is witnessing a significant shift in the behavior of Bitcoin miners, particularly in the wake of the recent approval and launch...
Bitcoin Miners Increase Sales
The cryptocurrency landscape is witnessing a significant shift in the behavior of Bitcoin miners, particularly in the wake of the recent approval and launch...
Large Bitcoin Transfer to Coinbase Institutional
The cryptocurrency market experienced a significant movement recently, with Whale Alert reporting four substantial Bitcoin transfers to Coinbase Institutional, totaling over $909 million. This...
Grayscale’s Amendment to Bitcoin ETF Application
Grayscale Investments, a leading cryptocurrency asset management firm, recently filed an amended application for a Bitcoin exchange-traded fund (ETF) with the U.S. Securities and...
The Evolution of Bitcoin: From Inception to Present Day
Inception and the Genesis Block (2009):The story of Bitcoin began in 2009 when an individual (or group) under the pseudonym Satoshi Nakamoto introduced the...