Tag: China

Beijing Police Uncover $111M Crypto Money-Laundering Ring Tied to Telecom Fraud Amid New Digital Asset Laws

Beijing Police Uncover $111M Crypto Money-Laundering Ring Tied to Telecom Fraud Amid New Digital Asset Laws

Beijing police recently dismantled a vast money-laundering network allegedly moving 800 million yuan ($111.36 million) through cryptocurrency transact [...]
China Confirms Interest Rate Cut, Sparking Speculation on Bitcoin’s Growth Potential

China Confirms Interest Rate Cut, Sparking Speculation on Bitcoin’s Growth Potential

Pan Gongsheng, the head of the Bank of China, confirmed today that the People's Bank of China (PBOC) will reduce the 7-day repo rate by 0.2 percentage [...]
China Takes Legal Action in First Digital Wallet Private Key Theft Case

China Takes Legal Action in First Digital Wallet Private Key Theft Case

In a landmark move, the Xuhui District Procuratorate in China has unveiled the nation's first legal case addressing the illegal acquisition of digital [...]
Justin Sun Asks China to Step Up on Cryptocurrencies Policies After Trump’s Stance on Bitcoin

Justin Sun Asks China to Step Up on Cryptocurrencies Policies After Trump’s Stance on Bitcoin

Justin Sun, the head of Tron (TRX), recently urged China to advance the laws on cryptocurrencies after the former president of the United States, Dona [...]
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