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Imposition of US Treasury Sanctions on Multiple Chinese Crypto Wallets Associated with Illicit Drug Traders

Wyatt Newson3 years ago3 min read

The US Treasury Imposes Sanctions on Crypto Wallets Linked to Fentanyl Trafficking The US Department of Treasury has taken action against cryptocurrency wallets belonging to Chinese…

Chinese Firms and Employees Utilized Cryptocurrency for Drug Distribution, Affirms Justice Department

Theon Barrett3 years ago3 min read

The U.S. Department of Justice Cracks Down on China-Based Companies for Drug Distribution The U.S. Department of Justice has taken action against several China-based companies and…

Chinese Visitors Can Now Recharge Digital Yuan Wallets Using Visa, Mastercard, and Cash

Benito Cormi3 years ago2 min read

China Allows Foreign Visitors to Preload Digital Yuan Wallets The operators of China’s central bank digital currency (CBDC) platform have enhanced their payment services to make…

Tokenization Race: Is This Chinese City Poised to Be the Winner?

Bernard Nicolai3 years ago2 min read

The City of Shanghai Explores Blockchain for Infrastructure The government of Shanghai is embarking on research initiatives to explore the potential of blockchain technology in moving…

Chinese Court Report Acknowledges Bitcoin as an Exceptional and Irreproducible Digital Asset

Wyatt Newson3 years ago2 min read

The Shanghai Court Recognizes Bitcoin’s Unique Attributes The Shanghai Second Intermediate People’s Court in China has stated that Bitcoin (BTC) possesses unique attributes that set it…

Arthur Hayes, a Crypto Trailblazer, Explores the Profound Impact of Chinese Capital Outflows on Bitcoin

Cino Gaperi3 years ago3 min read

Crypto Veteran Arthur Hayes Predicts Billions Could Flow from China into Bitcoin Arthur Hayes, a well-known figure in the crypto industry and the former CEO of…

Analysis of Federal Reserve’s Position, Exchange-Traded Fund Authorization, and Influence of Chinese Yuan on Bitcoin

Wyatt Newson3 years ago3 min read

Bitcoin Price Falls as Federal Reserve Takes Hawkish Position Bitcoin, the largest cryptocurrency, experienced a dip on Friday, dropping below $27,000. This decline was caused by…

Expanding Money Laundering Probe in Singapore Targets Chinese Crypto Users

Bitro Conwell3 years ago4 min read

Singaporean Authorities Investigate Crypto-Related Money Laundering Singaporean authorities are intensifying their efforts to combat crypto-related money laundering. According to a recent report by Bloomberg, Singapore banks…

Integrating CBDC Features into Super SIM Cards by Chinese Companies

Wyatt Newson3 years ago3 min read

New Super SIM Cards in China to Serve as Digital Yuan Wallets, Smartcards, and ID Cards Chinese mobile operators have been developing “Super SIM” cards since…

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