Tag: China
Beijing Blocks Stablecoin Ambitions of Ant Group and JD.com in Hong Kong
Beijing halts Ant Group and JD.com’s stablecoin ambitions in Hong Kong.
Regulators fear private stablecoins could undermine China’s digital yua [...]
China’s Bold Move: RMB Stablecoins Could Revolutionize Global Investments!
Chinese firms turn to RMB stablecoins for smoother global investments.
Digital RMB could lead the way in global financial integration.
Hong [...]
China Quietly Orders Brokerages to Halt Stablecoin Hype Amid Illicit Use Fears
China quietly warns brokerages to stop pushing stablecoin promotions now.
Regulators target rising illicit use as underground crypto market thr [...]
China Bans Crypto Again? Viral Rumor Sparks Panic, But Experts Say It’s False
Viral crypto ban rumor sparks widespread panic across online platforms.
Experts confirm no new cryptocurrency restrictions from Chinese authori [...]
China May Be Warming Up to Stablecoins as Shanghai Holds Key Meeting
Shanghai regulators quietly explore stablecoin possibilities amid national ban.
Major Chinese firms push for yuan-backed stablecoin approval.
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XRP Skyrockets in Buzz After Trump Declares U.S. Crypto Win Over China
President Donald Trump has stirred massive attention in crypto after declaring that the United States is winning the digital currency race against Chi [...]
Crypto Trader Busted in $16M USDT Scam — Here Is What Happened
A court in Sunwu County has convicted a cryptocurrency trader, Xiao Yang, for operating a major money laundering scheme using USDT transactions. He us [...]
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
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
In a landmark move, the Xuhui District Procuratorate in China has unveiled the nation's first legal case addressing the illegal acquisition of digital [...]