Tag: China

Amid China strict ban on crypto trading, local governments are quietly offloading large stashes of seized digital assets in offshore markets.

Former Chinese finance minister Lou Jiwei urged China to scrutinize the rapid advancements in cryptocurrency.

The Supreme Court of China and public prosecutor have revised the country’s Anti-Money Laundering (AML) laws to include crypto.

A local bank in China has uncovered an embezzlement and money laundering scheme involving two of its former executives and other suspects.

Binance's trading volume in China went parabolic in the month of May as the country remains its key market in Asia

A court stated that virtual assets have monetary properties and are able to be categorized as property in China.

With the exception of just a few trials in Hong Kong, digital yuan is still extremely limited compared to China's 1.4 billion people.

The family members of certain employees of the CNHC Group had been informed that the team had been arrested and taken away by the police. 

The new blockchain center in China will be led by the Beijing Academy of Blockchain and Edge Computing, as per the announcement.

China, which has been one of the crypto-unfriendly nations, has now approved the launch of a blockchain research centre in Beijing

China will open its first ever authorized platform for trading non-fungible tokens (NFTs) on January 1, 2023.

Dmitry Medvedev, a former President of Russia, predicted that the US dollar and Euro will collapse and crypto usage will dominate.

The police in Inner Mongolia, China, discovered a crypto money laundering gang that allegedly laundered $1.75 billion dirty cash.

The central bank of China has emphasized numerous times that no CBDC in the world could possibly maintain perfect anonymity. 

With the intent of launching the Russian Central Bank Digital Currency (CBDC) or Digital Ruble in 2023, a senior lawmaker has revealed the country’s plans to use the CBDC for mutual settlement with China. Russia is taking this step in a bid to reduce the United States’ global financial hegemony with the dollar. The CBDC […]

China is known for its tough stance toward cryptocurrencies and the fact that it is used by many to launder money catalyzes its strong opposition to the industry. According to a recent development, a province in China recorded 93 money-laundering suspects across the region. In a nationwide law enforcement operation known as “Hundred-day Action,” police […]

In a Friday announcement, authorities in China began a campaign against online piracy copyright violations as they noticed an increase in unauthorized use of digital work. Through a new initiative dubbed “Jianwang 2022,” the Chinese government will fight against online misuse of intellectual property with a focus on non-fungible tokens (NFTs). Jianwang 2022 is the […]

A policy document from Friday reveals that the China Energy Administration (CEA) has decided to explore blockchain-powered trading platforms to facilitate power or electricity trading between self-contained power units and the state and national grids. According to IEEE, or the Institute of Electrical and Electronics Engineers, blockchain technology’s immutable property can offer transparent and trustworthy electricity metering […]

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Introduction From Bitcoin (BTC) to Aptos (APT) and Ethereum (ETH), traders..

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