China instructs state-owned banks to cut interbank lending

China's new data guidelines intensify compliance demands on financial firms, complicating cross-border operations and impacting global strategies. The post China issues guidelines on financial services data amid cybersecurity push appeared first on Crypto Briefing.

Government announces plans to invest billions, but questions linger over how its proposals on chips, social media and more will work Ownership of the commanding heights of the AI economy is a political talking point around the world, as countries seek to assert some control of a technology dominated by the US and China. London Tech Week, the showcase event for the UK tech industry, focused heavily on that theme this week. A government keen to show it has a growth story, and an assertive narrative on AI, made a number of announcements related to companies, skills and infrastructure. Some represented new commitments and ideas; others appeared to be putting a polish on already announced measures. Continue reading...

GOP lawmakers, tech investors, and even OpenAI have tied the anti-data center movement in the US to Chinese interference. Experts say it’s much more complicated than that.

Military intervention in the Strait of Hormuz could stabilize energy markets but risks escalating conflict, impacting global inflation and liquidity. The post US Energy Secretary Wright warns military action may restore product flow through Strait of Hormuz appeared first on Crypto Briefing.

Rising inflation in Brazil complicates monetary policy, potentially stalling economic growth and increasing market volatility and uncertainty. The post Brazil inflation exceeds target range, complicating rate cuts appeared first on Crypto Briefing.

China's AI investment strategy could accelerate domestic tech innovation, reduce reliance on foreign suppliers, and reshape global AI dynamics. The post China invests $295B in AI backbone amid US data center boom appeared first on Crypto Briefing.

Stablecoin market cap reaches $320B while CEX stablecoin volumes fall to $883B. Data shows liquidity concentrating in USDT and USDC amid shifting market structure.

China's credit rebound in May highlights ongoing economic cooling, with potential global deflationary impacts and commodity market sensitivity. The post China’s credit expansion rebounds in May after rare loan contraction appeared first on Crypto Briefing.