{"id":469815,"date":"2025-07-31T22:52:59","date_gmt":"2025-07-31T22:52:59","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2025\/07\/31\/china-mocks-us-crypto-policies-telegrams-new-dark-markets-asia-express\/"},"modified":"2025-07-31T22:52:59","modified_gmt":"2025-07-31T22:52:59","slug":"china-mocks-us-crypto-policies-telegrams-new-dark-markets-asia-express","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2025\/07\/31\/china-mocks-us-crypto-policies-telegrams-new-dark-markets-asia-express\/","title":{"rendered":"China mocks US crypto policies, Telegram\u2019s new dark markets: Asia Express"},"content":{"rendered":"<p>\n                        <img decoding=\"async\" src=\"https:\/\/s3.magazine.cointelegraph.com\/magazine\/wp-content\/uploads\/2024\/01\/magazine-Asia-Express-Asia-crypto-news-round-up-scaled.jpg\" class=\"type:primaryImage\" \/>\n                    <\/p>\n<p>China state TV bashes Trump\u2019s crypto policies in 30-minute special. New Telegram dark markets tie with Huione\u2019s infrastructure. Asia Express.<\/p>\n\n<p>CCTV, Chinas state broadcasting mouthpiece, aired a half-hour special on cryptocurrencies and how the US is attempting to solidify dollar dominance with stablecoins.<\/p>\n<p>The July 27 broadcast framed the new US stablecoin legislation GENIUS Act, as a geopolitical turning point. CCTV pinpointed that the new rules explicitly ban a Federal Reserveissued central bank digital currency (CBCD) while allowing stablecoins to export US debt in digital form.<\/p>\n<p>The broadcaster said stablecoins backed by US Treasury bonds represent the third phase of dollar hegemony <a href=\"https:\/\/cointelegraph.com\/news\/bessent-calls-bretton-woods-institutions-reorient\" target=\"_blank\" rel=\"nofollow\">after Bretton Woods gold<\/a> and Middle Eastern oil. In this model, crypto users across the globe become indirect holders of US government debt, while stablecoin issuers emerge as the <a href=\"https:\/\/cointelegraph.com\/news\/tether-us-treasury-holdings-surpass-germany-q1-2025\" target=\"_blank\" rel=\"nofollow\">next generation of bond superbuyers<\/a>. The program warned that this digital infrastructure could displace weaker currencies.<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/magazine\/china-us-crypto-policy-telegram-dark-markets-asia-express\/\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>China state TV bashes Trump\u2019s crypto policies in 30-minute special. New Telegram dark markets tie with Huione\u2019s infrastructure. Asia Express. CCTV, Chinas state broadcasting mouthpiece, aired a half-hour special on cryptocurrencies and how the US is attempting to solidify dollar dominance with stablecoins. The July 27 broadcast framed the new US stablecoin legislation GENIUS Act, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":469816,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-469815","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/469815","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=469815"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/469815\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/469816"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=469815"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=469815"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=469815"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}