China

Police in China’s northeastern Jilin province have arrested six people in connection with a money-laundering case involving the movement of 2.14 billion yuan (US$296 million) in cryptocurrency to South Korea.Jin and Shen, the surnames of…

A year ago, Changshu, a county-level city under the jurisdiction of Suzhou, took the lead by paying all public sector workers in digital yuan, and Lin’s employer followed suit months later.I prefer not to keep the money in the e-CNY app,…

Authorities from China have decided to amend the country’s Anti-Money Laundering (AML) regulations to include cryptocurrency-related transactions.  In 2021, China imposed a comprehensive ban on cryptocurrency use, prohibiting…

Despite countless Western media outlets describing China’s crypto “ban,” crypto trade is very much alive on mainland China. In just one month last year, Binance reportedly did $90 billion in Chinese crypto trade, making China the largest…

Recent data suggests that Bitcoin’s price could be on the brink of a surge, fueled by significant foreign exchange (FX) outflows from China totaling a staggering $75 billion. This surge in outflows has historically preceded substantial…

Dan Burgin Embassy of China in Angola has warned Chinese citizens to stop mining cryptocurrencies…

China may be about to explode in XRP, Ethereum, and Bitcoin prices with the latest launch of ETF. Forbes reports that crypto investors already anticipate that Hong Kong and the…

Bitcoin has rocketed into 2024, adding a eye-watering 70% since the beginning of the year despite fears swirling of a "raging firesale." Subscribe now to Forbes' CryptoAsset & Blockchain Advisor and "uncover blockchain blockbusters…

China has officially launched a blockchain infrastructure to streamline and enhance collaborative initiatives along the Belt and Road trade routes. The ambitious project was unveiled on March 30 during a demonstration meeting at the…

anti-crypto. That is unlikely to change anytime soon. Source: Bloomberg© 2023 Bloomberg Finance LP China made clear its stance on cryptocurrency with a crackdown that began in late 2017. The Chinese authorities then and now view…