CEO Brian Armstrong outlined how AI and cryptocurrency could work together to enable autonomous transactions. Armstrong framed crypto as core infrastructure for future AI driven financial activity.
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XRP falls as China’s biggest IPO shakes markets
As China’s state-backed memory chip manufacturer, ChangXin Memory Technologies (CXMT), turned out to be the country’s largest public firm following its initial public offering (IPO) on July 27, it …
US lawmakers probe CXMT’s IPO over national security concerns as crypto markets offer parallel trading
US officials probe CXMT’s $8.6B IPO over CCP ties as Hyperliquid hosts perpetual futures on the Chinese chipmaker, blending geopolitics with …
China rises in global soft power index
China is now the second-most influential country in the world in terms of soft power, second only to the United States, according to the 2025 Global Soft Power Index by Brand Finance.
CXMT Becomes China’s Most Valuable Company Hours After Shanghai IPO
Chinese memory chip maker CXMT briefly became China’s most valuable company after its Shanghai IPO, highlighting surging investor demand for AI memory chips.
XRP falls amid China’s push for domestic chips
As China’s state-backed memory chip manufacturer, ChangXin Memory Technologies (CXMT), turned out to be the country’s largest public firm following its initial public offering (IPO) on July 27, …
China crude imports tick up
China’s crude imports have ticked up, but analysts said the rebound was unlikely to signal a return to pre-war levels. The increase reflects stranded cargoes clearing the Strait of Hormuz and more …
Coinbase policy chief says CLARITY Act is critical to keep crypto lead over China
Coinbase Global Inc. COIN Chief Policy Officer Faryar Shirzad on Monday urged U.S. lawmakers to advance the CLARITY Act, arguing that the legislation is critical to ensure America, not China, leads …
US lawmakers seek national security probe of Chinese chip giant CXMT after blockbuster IPO: ‘Ticking time bomb’
Top US lawmakers want the Trump administration to launch a formal national security probe into Chinese memory chipmaker CXMT on suspicions that Beijing orchestrated the company’s blockbuster IPO to …
The unexpected winners from China’s blockbuster CXMT IPO
A blockbuster IPO by CXMT has delivered a windfall for its home province, which is now sitting on paper gains of 5,000 per cent after its …
China’s AI and chip founders add billions as IPO boom creates new fortunes
Chinese founders of leading AI and semiconductor companies have added billions of U.S. dollars to their fortunes as blockbuster stock market debuts fuel a new wave of tech wealth.
Chipmaker CXMT vaults to top of China’s valuation with 466% surge in Shanghai debut
Shares of CXMT Corp soared 466% on their Shanghai trading debut on Monday following Asia’s biggest IPO this year, catapulting the chipmaker to the top of China’s stock market by valuation despite a …
China’s exports are so huge they’re now lowering inflation in other countries
A discrepancy between China’s export data and U.S. import data is “not because ships are sinking mid-Pacific,” notes UBS’s Paul Donovan.
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