News with the tag "China Crypto"

Bitcoin News: As BTC continues its volatile trading, the recent revelation of the CryptoQuant CEO has further fueled market concerns. In a recent X post, Ki Young Ju said that China has likely sold 194,000 Bitcoin, which has dampened the investors’ sentiment. Notably, this also contradicts the recen...

HashKey Group Chairman and CEO Xiao Feng has indicated that China’s stringent stance on cryptocurrencies could soften within the next two years, influenced by the pro-crypto policies expected under US President-elect Donald Trump. Xiao believes that clear regulatory support in the United States coul...

Hong Kong-based crypto exchange HashKey’s head executive sparked significant market discussions surrounding China’s crypto ban upliftment following Donald Trump’s recent win in the U.S. elections. Xiao Feng, the exchange’s chairman and CEO, expressed beliefs that the Republican’s win is likely to re...

Huangzhou-based crypto mining chip maker Nano Labs saw its share price rise slightly after announcing it will start accepting Bitcoin as payment.

China Uncovers $111.36M Crypto Money Laundering Operation Linked to Fraud and Gambling Chinese authorities have uncovered a large-scale crypto money laundering operation involving around 800 million yuan (equivalent to $111.36 million), according to JinSe Finance, citing a report from Guangming Net....

Bitcoin (BTC) and the broader crypto market are once again showing strength gaining over 3% in the backdrop of a strong Chinese economic stimulus. The BTC price is trading up by 3.16% at $62,700 levels with a market cap of $1,239 trillion. Earlier today, China raised its debt ceiling in economy-boos...

The Chinese government has reportedly moved a total of 7,000 Ethereum coins worth $16.7 million seized from the multi-billion dollar Ponzi scheme PlusToken. This has already put some pressure on the Ethereum price sending it under $2,400 levels with another 2% in the past few hours. Chinese Governme...

Amid increasing discussions surrounding the crypto regulation landscape, a former senior official from China’s Ministry of Finance has urged the government to reconsider its stringent ban on virtual assets. According to a South China Morning Post report, Zhu Guangyao, vice minister from 2010 to 2018...

The Supreme Court of China and public prosecutor have revised the country’s Anti-Money Laundering (AML) laws to include crypto. The post China Adds Virtual Assets in Updated Anti-Money Laundering Laws appeared first on TheCoinrise.com .

China’s Supreme People’s Court and Supreme People’s Procuratorate have issued new measures to address anti-money laundering laws. From the 20th of August, 2024 the legal interpretation provides for very rigorous conditions concerning the prosecution of money laundering-related offences. China Focus ...