Browsing: China

TL;DR: China‘s Ministry of State Security has warned that cryptocurrencies are not beyond the law and their “anonymity” is merely an illusion asHong Kongregulators expand financial reporting oversight for licensed digital currency firms in a new MOU, whileSouth Koreais thinking of legalizing crypto market makers following JPYC’s surge.

On October 01, 2026, Nike Inc (NYSE: NKE) reported a 4% year-over-year decline in overall sales, driven primarily by a 22% plunge in its Greater China segment and weakness in e-commerce channels. The mixed fiscal first-quarter results and a cautious outlook for fiscal year 2027 triggered a selloff in after-hours trading.

Silicon Valley, once famous for its bitter rivalries, has at last achieved complete inner harmony. Its leaders have set aside their differences and agreed to work towards a common goal: continued American dominance in AI. Or as President Trump, a self-described “high-IQ person,” has officially rebranded it, “Super Intelligence.”