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China Crypto News

BTC Club Scam Sends Three Men to Prison in China

In June a year ago, a Chinese trickster was captured in Eastern China for a Bitcoin scam, which took 100 million yuan (almost US$15...

Bank of China to Raise Bitcoin Awareness

China’s antagonized view of Bitcoin is being reversed, albeit circumspectly. One of the nation’s driving monetary foundations, the Bank of China (BoC), has made...

Bank of China is bullish for bitcoin

There’s no doubting the Bank of China’s favorable stance on bitcoin: Yesterday, it posted an infographic on its website, explaining how cryptocurrency works, its...

Report: Justin Sun has been on the lam from China since November 2018

Tron founder and CEO Justin Sun is apparently wanted by the authorities in China—and has been, ever since he “sneaked out” of the country...

China police pull plug on bitcoin miners after US$3 million power tip-off

An illicit bitcoin mining operation which stole nearly 20 million yuan (US$3 million worth of electricity has been shut down by police in eastern...

China accelerates its state-run crypto efforts in light of Libra

China’s timeline to make a state-run cryptocurrency just got moved forward. The announcement of the impending launch of Facebook’s Libra in 2020 has put...

Bitcoin Is Legal in China as per BCLRA Council Member

While a large portion of Asia is blasting, China keeps to remain on fruitless land for cryptocurrencies. The world’s second-biggest economy has kept its...

Chinese Yuan Drop Drives Investors to Bitcoin

Digital currency industry veterans state Chinese financial specialists are endeavoring to trade the yuan for different resources, similar to dollars and bitcoin, in light...

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JPMorgan Expands JPM Coin to Base, Eyes Retail and Multi-Currency Use

JPMorgan has launched its dollar-backed stablecoin, JPM Coin (JPMD), for institutional transfers on the Base blockchain network. The system allows...

Report: 16 Blockchains Have Built-in Fund Freezing Mechanisms

Sixteen blockchains have built-in fund freezing features, while 19 more can add this with small protocol changes.Three types of...

Peraire-Bueno Bros Face Retrial in $25M Ethereum Fraud Case

Anton and James Peraire-Bueno face a potential retrial for alleged fraud and money laundering involving a $25 million Ethereum...

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