ChainFabricNews

Image source: Live Bitcoin News  In a move that has caught the global crypto community’s attention, Shanghai is showing signs of shifting its strict stance on digital currencies. While China officially banned cryptocurrency activities like trading and mining back in 2021, a recent high-level government meeting in Shanghai suggests the tide may be turning—at least when it comes to stablecoins . 📍 What’s Happening? On July 10–11, around 60 to 70 Chinese officials gathered in Shanghai for a closed-door discussion about the future of digital currencies. The meeting, organized by the city’s State-owned Assets Supervision and Administration Commission, focused heavily on how China could potentially use yuan-backed stablecoins to modernize its financial system—without lifting its crypto ban entirely. This is a big deal because it shows that while China is still very cautious about cryptocurrencies like Bitcoin and Ethereum, it’s starting to explore the idea of using blockchain techno...

Image source: CoinStats  Japan has just made earning crypto a whole lot easier—and more exciting—for everyday users. Thanks to a new update from Shinsei Bank’s Aplus credit card , customers can now redeem their reward points for cryptocurrencies like XRP , Bitcoin (BTC) , and Ethereum (ETH) . This fresh move—launched in collaboration with SBI VC Trade —is a big step towards bringing crypto into daily life in Japan. No Extra Cash, Just Everyday Spending Here’s how it works: when Aplus cardholders use their credit card, they earn reward points. Normally, these points can be redeemed for shopping vouchers or travel perks. But now, they can also be swapped for crypto. Around 2,100 points will get you roughly ¥2,000 worth of XRP, Bitcoin, or Ethereum , all securely handled via SBI VC Trade, a licensed and regulated crypto exchange in Japan. This means you don’t have to buy crypto directly or go through complicated apps. You just spend like you normally do, and soon enough, you’ll h...

Image source: CryptoRank In a move that shows how far cryptocurrency has come, PNC Bank , one of America’s top financial institutions, has officially partnered with Coinbase , a leading crypto exchange, to bring crypto trading directly into their banking app. Yes, you read that right — soon you might be able to buy Bitcoin or Ethereum just like you check your savings account. This announcement marks a major turning point in how traditional banks and digital currencies are starting to work together. Why This Matters For years, crypto was something only tech-savvy investors or early adopters cared about. It felt risky, complicated, and out of reach for many everyday people. But with big-name banks like PNC stepping into the space , things are changing fast. This partnership will allow PNC customers to access crypto directly from their banking app , without needing to open a separate Coinbase account or transfer funds between platforms. That means fewer steps, less confusion, and more sec...