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First digital yuan wallet seizure, China’s $10B Web3 fund, Starbucks NFTs: Asia Express

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Asia Express: China’s GBA Capital unveils $10B metaverse fund, first digital yuan CBDC wallet seizure, Tencent’s fleet blockchain patent.

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Market participants weigh in on SEC’s proposed crypto regulations

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The financial agency is scheduled to close public comments on its ‘Regulation Crypto Assets’ proposed in August.

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Coin Market

Crypto PAC pours $362K into California race voters essentially decided in August

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A Fairshake affiliate is supporting incumbent Aisha Wahab through ads in November, but the congresswoman already won a special election in the district.

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Mastercard launches stablecoin risk screening for banks and payment providers

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The new service combines payment data and blockchain analytics to help banks detect suspicious stablecoin transactions before settlement.

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