News about CHINA

News about China

Zhao Dong's Conviction Highlights China's Stance on Cryptocurrency and Foreign Exchange Regulation

Zhao Dong's conviction in China's OTC crypto trading case underscores the country's strict cryptocurrencies and foreign exchange regulations, warning other entities operating in similar jurisdictions. (Read More)

China Dismantles $2.2 Billion Underground Banking Operation Leveraging Cryptocurrencies

Chinese authorities have dismantled a $2.2 billion underground banking network that used cryptocurrencies to bypass financial controls, seizing $28,000 worth of digital currencies. (Read More)

Lavrov Highlights 30 Nations’ Interest in BRICS as China-Saudi Pact Poses Challenge to US Dollar

In a recent statement by Sergey Lavrov, Russia’s Foreign Affairs Minister, he noted that the BRICS bloc is set to expand in 2024 with new members including the United Arab Emirates (UAE), Iran, and Saudi Arabia. He revealed that approximately “...

China Busts $2.2B Money Laundering Ring Involving Crypto Platforms

Cryptocurrencies are still in use in China as the authorities in the country have cracked down on a $2.2 billion underground banking operation that used crypto trading platforms to circumvent the local forex rules, local media reported.A Massive Unde...

Lawsuit filed against a bitcoin mine in Texas shows links to China: NYT - Business Insider

Lawsuit filed against a bitcoin mine in Texas shows links to China: NYT& & Business Insider

China’s State Administration of Foreign Exchange Cracks Down on $2.2 Billion Crypto Exchange Ring

The Chinese State Administration of Foreign Exchange (SAFE) has cracked down on an underground bank that used crypto to offer illegal exchange services. The operation, which had over 1,000 bank accounts and a presence in 17 provinces, moved over 15.8...

If China has quietly flipped on Bitcoin and is secretly amassing BTCs, the U.S. could be caught flat-footed. While China's economy is only second to that of the U.S. right now, however, if China gains monopoly over the supply of Bitcoin, it can easily ove

submitted by /u/jay_pu [link] [comments]

If China has quietly flipped on Bitcoin and is secretly amassing BTCs, the U.S. could be caught flat-footed. While China's economy is only second to that of the U.S. right now, however, if China gains monopoly over the supply of Bitcoin, it can easily ove

submitted by /u/jay_pu [link] [comments]

If China has quietly flipped on Bitcoin and is secretly amassing BTCs, the U.S. could be caught flat-footed. While China's economy is only second to that of the U.S. right now, however, if China gains monopoly over the supply of Bitcoin, it can easily ove

submitted by /u/jay_pu [link] [comments]

If China has quietly flipped on Bitcoin and is secretly amassing BTCs, the U.S. could be caught flat-footed. While China's economy is only second to that of the U.S. right now, however, if China gains monopoly over the supply of Bitcoin, it can easily ove

submitted by /u/jay_pu [link] [comments]

China cracks down on game coin trading, mandates CBDC wallets

submitted by /u/Perfect_Ability_1190 [link] [comments]

China proposes ban on converting game tokens to fiat currency

submitted by /u/cointelegraph1 [link] [comments]

Bank of China Achieves Groundbreaking $14 Million e-CNY CBDC Settlement in Gold

The Bank of China's Shanghai branch successfully settled a $14 million e-CNY CBDC for gold, marking a significant advancement in digital currency's role in international trade. (Read More)

Ministry of Information and Technology of China to Formulate New Web3 Strategy

The Ministry of Information and Technology of China has agreed to formulate a new strategy for the Web3 field to improve the state of the industry in China. The initiative comes as an answer to a proposal made at the 14th Chinese People’s Polit...

Bank of China Completes First Precious Metal Digital Yuan Settlement

The Shanghai branch of the Bank of China has completed the first settlement of precious metals using the digital yuan. The transaction, finalized on December 19, allowed the Shanghai Gold Exchange to close a $14 million precious metal trade after rec...

Big Trades of 2023: AI, China, Bitcoin, Banks, ESG and More - Bloomberg

Big Trades of 2023: AI, China, Bitcoin, Banks, ESG and More& & Bloomberg

China Has Quietly Flipped On Crypto Amid Huge $1.6 Trillion Bitcoin, Ethereum, XRP And Solana Price Surge - Forbes

China Has Quietly Flipped On Crypto Amid Huge $1.6 Trillion Bitcoin, Ethereum, XRP And Solana Price Surge& & Forbes

China Goes All In on Web3, Blockchain, Despite Crypto Ban

submitted by /u/kirtash93 [link] [comments]

China’s Current Economic Challenges Echo Japan’s Past Economic Struggles

Experts highlight the critical need for China to learn from Japan’s prolonged economic stagnation, emphasizing the urgency to transition from manufacturing and investment reliance to boosting domestic consumption. Similarities to Japan’s...

Bank Of China Completes First Cross-Border Digital Yuan Commodities Trade

The Bank of China Hong Kong, the second largest bank in the region, has completed its first cross-border digital yuan-based trade. The transaction, finalized with its sibling bank, the Bank of China, served to receive the payment for an imported iron...

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News about China

Zhao Dong's Conviction Highlights China's Stance on Cryptocurrency and Foreign Exchange Regulation

China Dismantles $2.2 Billion Underground Banking Operation Leveraging Cryptocurrencies

Lavrov Highlights 30 Nations’ Interest in BRICS as China-Saudi Pact Poses Challenge to US Dollar

China Busts $2.2B Money Laundering Ring Involving Crypto Platforms

Lawsuit filed against a bitcoin mine in Texas shows links to China: NYT - Business Insider

China’s State Administration of Foreign Exchange Cracks Down on $2.2 Billion Crypto Exchange Ring

If China has quietly flipped on Bitcoin and is secretly amassing BTCs, the U.S. could be caught flat-footed. While China's economy is only second to that of the U.S. right now, however, if China gains monopoly over the supply of Bitcoin, it can easily ove

If China has quietly flipped on Bitcoin and is secretly amassing BTCs, the U.S. could be caught flat-footed. While China's economy is only second to that of the U.S. right now, however, if China gains monopoly over the supply of Bitcoin, it can easily ove

If China has quietly flipped on Bitcoin and is secretly amassing BTCs, the U.S. could be caught flat-footed. While China's economy is only second to that of the U.S. right now, however, if China gains monopoly over the supply of Bitcoin, it can easily ove

If China has quietly flipped on Bitcoin and is secretly amassing BTCs, the U.S. could be caught flat-footed. While China's economy is only second to that of the U.S. right now, however, if China gains monopoly over the supply of Bitcoin, it can easily ove

China cracks down on game coin trading, mandates CBDC wallets

China proposes ban on converting game tokens to fiat currency

Bank of China Achieves Groundbreaking $14 Million e-CNY CBDC Settlement in Gold

Ministry of Information and Technology of China to Formulate New Web3 Strategy

Bank of China Completes First Precious Metal Digital Yuan Settlement

Big Trades of 2023: AI, China, Bitcoin, Banks, ESG and More - Bloomberg

China Has Quietly Flipped On Crypto Amid Huge $1.6 Trillion Bitcoin, Ethereum, XRP And Solana Price Surge - Forbes

China Goes All In on Web3, Blockchain, Despite Crypto Ban

China’s Current Economic Challenges Echo Japan’s Past Economic Struggles

Bank Of China Completes First Cross-Border Digital Yuan Commodities Trade

Bitcoin mining's silent comeback in China, according to industry insider - CryptoSlate

US-China Rivalry Risks Cold War II, Warns IMF Official

China and Singapore Team Up to Allow Tourists to Spend Digital Yuan

HK game firm to buy $100M crypto for treasury, China/UAE CBDC deal: Asia Express

China And The Fed To ‘Flood The World’ With Trillions—Traders Suddenly Braced For Extreme Predicted Crypto Price Swings

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