Our weekly roundup of news from East Asia curates the industrys most important developments.
On Apr. 10, Douyin, the version of Tiktok exclusive to Chinese users, began publishing price quotes related to Bitcoin (BTC) and other cryptocurrencies such as Ethereum (ETH), Dogecoin (DOGE), and Ripple (XRP). The move sparked rampant speculation among the Chinese media and users alike related to a potential change of policy by the country’s central government on cryptocurrency regulation.
Bitcoin on Douyin before and after the crackdown. (GamerSky)The Bruce Lee Genesis NFT (Arweave)China’s crypto user count has dwindled but still thriving (Foresight Ventures)The Hong Kong Web 3.0 Festival gallery hall (Twitter)Justin Sun blushes as he shares a stage with Nina on Apr. 11, oblivious to the looming legal threat that will materialize the day after. (Twitter)
Continue Reading on Coin Telegraph
