Bitcoin News / Bitcoinist - 9 months ago
Chinese authorities have announced the country’s first-ever case of cryptocurrency confiscation through a court ruling.
According to a report, an investigation conducted by Chinese police has uncovered a large-scale cross-border online gamblin...
Cryptocoins News / Blockchain - 9 months ago
Chinese authorities crack a major USDT-linked money laundering case, arresting 21 suspects and seizing over 1M yuan. (Read More)
Bitcoin News / Bitcoin.com - 9 months ago
Nobel Prize-winning economist Paul Krugman says the U.S. dollar’s dominance “won’t last forever.” While recognizing the global de-dollarization trend, he expressed skepticism about the Chinese yuan’s ability to replace t...
by COINS NEWS - 9 months ago
Multichain was hacked for over 100 million not too long ago and no one knew how, the team was silent. They have now come out and gave their story on what happened. A brief summary of their claims: CEO Zhaojun was interrogated and arrested by Chinese...
Bitcoin News / Bitcoin.com - 9 months ago
A study by a $1.5 trillion asset management firm has revealed that central banks are reducing their U.S. dollar holdings while seeking to increase Chinese yuan holdings. “Central banks are diversifying currency holdings, stirred by geopolitical...
Bitcoin News / Bitcoinist - 9 months ago
DBS, one of the leading banks in Asia, has become one of the first foreign banks in China to introduce a digital yuan merchant collection solution, enabling businesses to accept payments in China’s central bank digital currency (CBDC), the e-CN...
Bitcoin News / Bitcoin.com - 9 months ago
Jinan, the capital of the Chinese province of Shandong, has recently included the digital yuan as a means of payment for its public transportation system. According to local sources, digital yuan payments were implemented on July 1 in all city buses...
Cryptocoins News / The Cointelegraph - 9 months ago
The Chinese city of Jinan is pushing for CBDC adoption by implementing digital yuan payments across its entire bus network. Jinan, the capital of eastern China’s Shan...
Bitcoin News / Bitcoin.com - 10 months ago
The central bank of Argentina has officially included the Chinese yuan as a recognized currency for making deposits in bank accounts. “Opening yuan accounts could attract more people and enterprises to exchange Argentinian peso to yuan, as more or le...
Bitcoin News / Bitcoin.com - 10 months ago
The International Monetary Fund’s (IMF) executive director for Russia says a growing number of countries are switching to trade in Chinese yuan, not only with China but also with third countries. He stressed that it is wrong for the U.S. dollar...
Cryptocoins News / Blockchain - 10 months ago
On June 27th, the Chinese media outlet Beijing Business Daily published an article titled "Bitcoin's Soaring Market Triggers Illegal Speculation Activities, OKX Resorts to 'Indirect' Marketing." (Read More)
Bitcoin News / Bitcoin.com - 10 months ago
Over 500 companies in Argentina have reportedly requested to pay for imports using Chinese yuan as the U.S. dollar shortage worsens. “The central bank doesn’t have dollars so it needs the emergency aid China is offering,” a trade economist in Buenos...
Cryptocoins News / The Cointelegraph - 10 months ago
Cointelegraph analyst and writer Marcel Pechman explains how China’s economic weakness and Turkey’s interest rate hikes could impact the cryptocurrency market. On the...
Bitcoin News / Google News Bitcoin - 10 months ago
Crypto Live News : Chinese Liquidity Boost Coincides with Bitcoin’s Rise, Says Prominent Crypto Analyst& & Coinpedia Fintech News
Bitcoin News / Bitcoin.com - 10 months ago
Around 50 Chinese nationals have reportedly been apprehended by Libyan authorities following allegations of running a cryptocurrency mining facility within the city of Zliten, local reports detail. Cryptocurrency mining is strictly prohibited by law...
Bitcoin News / Bitcoin.com - 10 months ago
The government of Argentina has noted that 19% of all imports authorized in the national system were settled using the Chinese yuan in April and May. $2.72 billion in Chinese yuan were approved to complete these payments, taking advantage of the Chin...
Cryptocoins News / Blockchain - 10 months ago
The Guangzhou Housing Provident Fund Management Center has successfully implemented the usage of the Chinese version of the Central Bank Digital Currency (CBDC), commonly known as the digital Yuan, for housing provident fund loans. (Read More)
Cryptocoins News / The Cointelegraph - 10 months ago
Do Kwon has denied forging travel documentation and refuted having any financial ties to Europe Now party leader Milojko Spajić. Terraform Labs founder Do Kwon reporte...
Cryptocoins News / CoinJournal - 10 months ago
Arthur Hayes says the crypto autumn rally will be catalysed by Chinese traders.
According to the BitMEX co-founder, a weakening of the yuan amid massive credit issuance will drive capital into crypto markets.
He notes that “Hong Kong will be t...
Bitcoin News / Bitcoinist - 10 months ago
Tether, one of the largest stablecoin providers, has recently issued a comprehensive rebuttal to address growing concerns surrounding the inclusion of securities issued by Chinese companies in the reserves of USDT.
In response to reports published b...