Chinese police arrest 12 in digital currency money laundering scam
The group allegedly used Huobi’s platform to transfer the proceeds of fraud to an overseas bank account via digital currency transactions.
The group allegedly used Huobi’s platform to transfer the proceeds of fraud to an overseas bank account via digital currency transactions.
Municipalities and regulators are offering incentives to reinforce and boost the local block reward mining industry as part of the fallout from the BTC halving.
Block reward miners in China have another competitive advantage over their industry peers.
China has officially recognized blockchain-related jobs, including blockchain engineers and blockchain application operators.
Participating banks will be able to share information on the blockchain, without the need for third party verification or intervention.
China’s PBoC met recently for the first time this year, and blockchain was on the agenda. The deputy governor urged for accelerated blockchain adoption
Dubbed a “cheat sheet” for investors, the warning looks at common frauds including regular securities and pensions, virtual currencies and blockchain.
China Telecom believes that blockchain and 5G technology will be the basis of the digital future. China will have 170M 5G users by the end of the year.
Hainan Province in China has launched a cross-border finance platform that will allow banks to finance companies that seek to export their products abroad.
Bitmain CFO Luyao Liu and several others were accused of using physical force to take a government-granted license from ousted co-founder Micree Zhan.
Tencent has launched its blockchain accelerator program, accepting applications from early-stage startups or big firms that have shifted to blockchain
The city of Ya'an in China is encouraging blockchain firms to set up shop and consume excess hydroelectricity ahead of the rainy season.