Chinese authorities have uncovered a large-scale cross-border online gambling case with a staggering turnover of 400 billion yuan (approximately $56 billion), revealing the prominent use of digital assets in facilitating the crime in China.
Coinlive Citizens have been trying to use crypto to avoid restrictions.
ClementALSO: Here's why it's important Bitcoin hits $30,000
CoindeskThe Tron founder joined “First Mover,” to discuss his role on Huobi’s advisory board and why he’s hopeful the crypto exchange will someday be allowed back into mainland China.
CoindeskChina has shut down many underground cryptocurrency apps.
BitcoinistBinance CEO Changpeng Zhao can only clap back at his accusers that his company is a Chinese "criminal entity." With ...
Bitcoinist
BeincryptoSequoia China is known for backing many crypto firms, including the troubled crypto lender Babel Finance, which halted withdrawals in mid-June.
CointelegraphThe policy also covers secondary NFT trading as the firm notes that “accounts that provide services or content related to the secondary transaction of digital collections shall also be dealt with.”
CointelegraphOn November 1st, at the 4th China International Import Expo, Bank of China will take multiple measures to popularize the knowledge of digital renminbi: place it in many eye-catching places in the venue, post digital currency single pages and posters, let the basic knowledge of digital currency, open channels, How to use it is clear at a glance.
Cointelegraph