Bitcoin Power Play: Trump-Endorsed Effort Takes Aim At China’s BTC Mining Supremacy
For years, the Beijing-based company Bitmain Technologies has dominated the Bitcoin mining business, controlling an estimated 90% of the global ...
Tag: china
Crypto Recognition: China Acknowledges Digital Currency In Historic AML Law Overhaul
The public prosecutor and supreme court of China have updated the provisions of the nation's anti-money laundering (AML) legislation to ...
Bitcoin Finds Major Relief After 10 Years: Is The US Government Now The Biggest Threat?
Bitcoin is shaky at spot rates, looking at the formation in the daily chart. The leg-up to spot rates meant ...
From Bank Vaults To Wallets: Here’s How Two Bankers Used Crypto To Launder Millions
A local Chinese bank, the Bank of Huludao, has recently discovered an "intricate embezzlement" and money laundering scheme via crypto ...
Crypto Crime Busters: China, UAE Vow To Combat Telecom Fraud And Online Gambling
China and the United Arab Emirates (UAE) have formed a strategic agreement to fight cybercrime utilising cryptocurrencies in a gesture ...
Digital Yuan Goes Cross-Border: Hong Kong Unveils e-CNY Wallets For Local Users
In a significant move towards enhancing digital currency use, Hong Kong residents can now set up personal digital yuan or ...
Biden Shuts Down Chinese-Backed Crypto Mine Near Nuke Missile Base
United States President Joe Biden has ordered the shutdown and sale of a Chinese-originated crypto mining operation located near a ...
China Takes Down $295M Crypto Underground Bank: Beginning Of A Bigger Crackdown?
Chinese law enforcement has disrupted a covert banking network that leveraged cryptocurrencies to execute unauthorized foreign exchange transactions totaling around ...
