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China crackdown

China Arrests 1,100 People Allegedly Using Cryptocurrency to Launder Criminal Proceeds

China Arrests 1,100 People Allegedly Using Cryptocurrency to Launder Criminal ProceedsChinese authorities have announced that more than 170 criminal gangs have been eliminated and over 1,100 suspects arrested in the latest round of crackdown on criminal groups providing cryptocurrency money laundering services for telecom fraudsters. Crackdown on Telecom Fraud Using Cryptocurrency for Money Laundering The Ministry of Public Security of the People’s Republic of China […]

One Factor Could Be Hinting at Speculative Overheating in the Crypto Market, According to IntoTheBlock

China Calls Bitcoin and Stablecoins ‘Investment Alternatives’ for the First Time Since Crypto Crackdown

China Calls Bitcoin and Stablecoins ‘Investment Alternatives’ for the First Time Since Crypto CrackdownAfter the well-known crypto crackdown launched by the Chinese government four years ago, it seems there is now a change in the tone from the country’s central bank. At least that’s what has been suggested recently by the deputy governor of the People’s Bank of China (PBoC). Central Bank Clarifies Its Regulatory Framework on Cryptos […]

One Factor Could Be Hinting at Speculative Overheating in the Crypto Market, According to IntoTheBlock