By Emir Abyazov Key highlights: China warns crypto speculation is rising again despite its nationwide ban. Stablecoins targeted as regulators claim they fuel fraud and illegal transfers. Beijing boosts surveillance while Hong Kong moves toward regulated issuers. The People’s Bank of China (PBOC) has reaffirmed its nationwide ban on cryptocurrencies after detecting a renewed wave […]
Tag: Beijing
By Emir Abyazov Key highlights: China hints its fastest-growing tech sector is facing rising bubble risks Over 150 robot makers compete as progress lags behind investment Big plans clash with modest results in China’s humanoid robotics race Chinese authorities have issued their clearest warning yet that a bubble is forming in the country’s rapidly expanding […]
By mrblockchain Key Points Chinese cybersecurity authorities allege the United States orchestrated a 2020 cyberattack on the LuBian mining pool, stealing 127,000 Bitcoin and later seizing the funds under the pretense of legal enforcement. The U.S. Department of Justice asserts the seizure resulted from a legitimate anti-money laundering investigation targeting Chen Zhi, a Cambodian business […]