China Crypto News
- Market News
China Tracks Telecom Fraud Funds Through Illegal Crypto Trades
Anhui police traced telecom fraud funds through illegal cryptocurrency trading networks. A six-month investigation led officers from Hefei to Sichuan…
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Criminal Crypto Funds Move From Exchanges To Chinese Channel
Illicit crypto laundering now moves through Chinese language services beyond exchanges. Exchange compliance and fund freezes push criminals toward informal…
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China Digital Yuan Shifts to Interest-Paying Bank Money
From Jan. 1, the Digital Yuan will shift from cash-style use to deposit money with interest earnings. Banks will manage…
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China Renews Crackdown on Virtual Currency Activity
PBOC issues new warning as crypto speculation rises despite China’s ongoing ban. China says stablecoins lack core compliance checks, increasing…
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UAE and China Launch First Cross-Border CBDC Payment Move
The UAE and China create a real-time digital link that supports instant cross-border flow. The Jisr system builds a unified…
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China Claims U.S. Seized $13B Bitcoin in Secret Cyber Heist
CVERC claims the U.S. seized stolen LuBian Bitcoins worth billions through covert means. The DOJ denies the charge and insists…
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China Opens Digital Yuan Centre to Advance Global CBDC
The PBOC opened a digital yuan centre in Shanghai to expand cross-border payments. China aims to reduce reliance on dollar…
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China’s Stablecoin Push Challenges U.S. Dollar Dominance
China is using Hong Kong rules to test a yuan stablecoin for global cross-border use. Big firms like JD.com and…
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Hong Kong Launches Stablecoin Licensing Amid Market Skepticism
HKMA’s new licensing sets a steep HK$25M bar, curbing smaller stablecoin players. Hong Kong stablecoin stocks fall as investors fear…
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China’s Seized Bitcoin Sales Could Impact Global Crypto Market
China quietly sells seized Bitcoin, raising questions about its true stance on crypto markets. Private companies are used by local…
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Nine Sentenced for Defrauding Indians of $6 Million in USDT
Nine crypto fraudsters were sentenced for scamming 66,800 Indians of $6 million. The scammers promised high returns but froze funds…
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China and Russia Use Bitcoin for Energy Trade Settlements
China and Russia are settling energy trades using Bitcoin, bypassing the U.S. dollar. Bitcoin is becoming a key tool for…
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