The Legal Recognition of Cryptocurrency in China A recent court ruling in China has acknowledged virtual assets as legal property, offering hope for individuals holding cryptocurrencies.…
Cryptocurrencies Recognized as Legal Property in China In a surprising move, Chinese courts have ruled that cryptocurrencies are protected as legal property under Chinese law, despite…
Chinese Town Becomes Digital Yuan “Demonstration Town” in CBDC Deal with Postal Savings Bank of China A town in Siyang County, China, called Likou, has agreed…
Americans’ Right to Financial Privacy – Congressman French Hill opposes the issuance of a central bank digital currency (CBDC) by the Federal Reserve, emphasizing Americans’ right…
China’s Financial Service Trade Fair to Promote Digital Yuan China is set to host the 2023 Financial Service Trade Fair in September, aiming to boost innovation…
China’s struggling economy poses a risk to global growth, with weakening economic activity and credit flow. Industrial output and new loans in China have decreased. This…
A Former Chinese Official Sentenced to Life in Prison for Bitcoin Mining Operation A former Chinese government official, Xiao Yi, has been sentenced to life in…
China’s Plan to Expand BRICS and Counter G7 Influence In an effort to increase its global influence and challenge the Group of Seven (G7), China is…
Bitcoin’s Value Falls Below $26,000: A Challenging Week for Crypto Last week, the value of Bitcoin experienced a significant decline, dropping below $26,000. This drop was…
