China Convicts BKEX Staff for Illegal Gambling via Crypto Contracts
China convicts BKEX employees for illegal gambling via crypto contracts, sentencing them to prison for facilitating unauthorized betting activities.
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Tag: China
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China Has Not Cracked Encryption — Quantum Computers Still Have Major Limitations
China’s quantum computers haven’t broken RSA encryption yet due to limitations like low temperatures for qubits and the need for ...
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China’s Ex-Finance Minister Calls for In-Depth Research into Cryptocurrencies
Zhu Guangyao, ex-finance minister, urges China to research cryptocurrency as the global digital economy and OTC crypto activity show rapid ...
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China Could Restore Mining! $4 Billion at Stake!
China faces calls to lift its $4b crypto mining ban, balancing carbon neutrality with economic and technological growth. Discover the ...
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China, UAE Pledge Joint Crackdown on Cryptocurrency Crimes
China and UAE enhance cooperation to combat cryptocurrency crimes, addressing issues like money laundering, cyber fraud, and illegal immigration.
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DOJ Charges Two Chinese Nationals in $73M Crypto Scam
DOJ arrests two Chinese nationals for orchestrating a $73m crypto money laundering scheme involving USDT. They now face up to ...
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China Police Uncover $2B USDT Underground Banking Operation
Chinese authorities dismantle a $2 billion Tether (USDT) underground banking operation, arresting 193 suspects and exposing the crypto ban defiance.
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China’s Authorities to Crack Down on Rising Blockchain, Metaverse Crime
China commits to a major crackdown on blockchain and metaverse crime, aiming at cybercriminals and cryptocurrency scams with stringent measures.
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China Plans AML Law Revision to Address Virtual Asset Risks
China gears up to revise its AML law to combat money laundering risks tied to virtual assets amidst a broader ...
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UAE and China Complete First $13.6M Cross-Border CBDC Transaction
UAE and China celebrate a milestone as they complete a $13.6M cross-border CBDC transaction, signaling a new era in international ...
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Spot Bitcoin and Ethereum ETFs Draw $20B Since April, Outpacing All Other ETF Categories
Spot Bitcoin and Ethereum ETFs saw $20B in inflows since April, outperforming gold, commodities, and thematic funds amid investor risk...
Ethereum’s ‘Trustware’ Vision Could Propel ETH to $15.8K by 2028 Consensys
Consensys sees Ethereum evolving into global trustware, predicting ETH could reach $15.8K by 2028 as demand for secure onchain value...
US Justice Department and CFTC Close Polymarket Investigations
US regulators have reportedly ended their investigations into Polymarket, clearing a path for the betting platform’s upcoming $200M funding round.
China Considers Yuan-Pegged Stablecoins: State-Owned Firms Ordered to Study Feasibility
China instructs state-owned firms to explore yuan-pegged stablecoins, hinting at a softening stance as global stablecoin adoption rises.
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