China’s Ministry of State Security (MSS) issued a pointed warning on Monday: cryptocurrencies are not beyond the reach of the law, and anyone who believes otherwise is working from a false premise. The statement targets a growing misconception: that using crypto instead of traditional banking severs the connection between transactions
U.S. President Donald Trump and Chinese President Xi Jinping are set to meet at the White House on September 24, with trade, tariffs, artificial intelligence, critical minerals and other major issues expected to shape talks between the world’s two largest economies. China’s Foreign Ministry confirmed on September 21 that Xi
Rafiqool Alam, aged 25, has been arrested by the Gujarat Police in Assam through a three-day sting operation and was found to be involved in 1,090 cybercrime cases. The total estimated damage from these cases is more than ₹1,071 crores. Fraudsters allegedly trapped individuals from various Indian states in a
A Chinese hacker collective has been charged with stealing about $7 million in cryptocurrency by using supply-chain attacks to target users of cryptocurrency wallets. According to reports, the group claimed to be a security services provider while operating under the name Wuhan Anshun Technology. On the other hand, members were
The recent policy adjustment of China seems more like a crackdown instead of a structural reordering. As reported by Bloomberg, it has tightened the cryptocurrency activity once again. On Friday, 8 Chinese authorities headed by the central bank issued a joint notice on risks associated with the digital assets. It
China has reportedly asked its banks to limit their US Treasury holdings. This has triggered anticipations around several aspects, like volatility for risky assets and the nature of liquidity. The crypto market is on edge because it might feel the pinch, just like stocks and the US Dollar. China, as
The outlook of China towards RWA business has shifted a little, triggering optimism that the Asian country may eventually change its stand altogether. The crypto market has responded with little to no changes, even though there were fluctuations over the weekend. Gains in Gold could be another possible factor influencing
The regulators of China have now tightened control for digital assets and have prohibited the unauthorised issuance of yuan-pegged stablecoins overseas and widened the prohibition to real-world assets associated with the currency of the country. On February 6, the People’s Bank of China (PBOC), with seven government agencies, released a
This week, the American President Donald Trump visited South Korea, where he engaged in important talks with the Chinese President Xi Jinping on the increasing trade conflicts. The stakes-filled summit was meant to cool the economic tensions that have shaken the world markets and had a devastating effect on cryptocurrency
China Financial Leasing Group has declared that it is going to create a digital asset investment platform that concentrates on cryptocurrency and blockchain technology projects. The Hong Kong-traded company will raise capital by issuing over 69 million new shares to investors at reasonable prices. The reaction of the market was
