Bloomberg: Russia Begins Using Cryptocurrency for Trade with China
Russian commodity companies that have experienced difficulties in conducting financial transactions with Chinese partners have begun using cryptocurrencies for payments.
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Russian commodity companies that have experienced difficulties in conducting financial transactions with Chinese partners have begun using cryptocurrencies for payments.
Hong Kong is on the verge of approving a bitcoin ETF, potentially attracting significant investment from mainland Chinese investors.
China unveils blockchain initiative, partnering with universities and Conflux for Belt and Road projects. Despite crypto ban, China emphasizes blockchain's non-crypto applications for international cooperation. Conflux's token sees minimal movement, reflecting regulatory environment.
Chinese residents invest in cryptocurrencies like Bitcoin, defying the government ban. Hong Kong's crypto market is key, raising speculation on a regulatory shift. Authorities balance control and growing demand in the evolving crypto landscape.
China responds to concerns about cryptocurrency misuse with cold storage regulations. The government aims to curb covert financial activities and is actively involved in international collaborations. The use of blockchain for real-name identity verification and broader efforts in social media regulation reflects China's commitment to adapting to the evolving digital landscape while maintaining regulatory control.
China intensifies its cryptocurrency crackdown, targeting Tether in forex transactions and imposing stricter legal measures.
China's crackdown on illegal cryptocurrency activities intensifies with Zhao Dong's seven-year prison sentence.
Citizens have been trying to use crypto to avoid restrictions.
The Hong Kong government is aiming to become a fintech and crypto hub
The latest data suggests that there might be a lapse in the enforcement of the ban.