china

China’s Secret Crypto Pipeline Runs Through Hong Kong—Report

China’s Secret Crypto Pipeline Runs Through Hong Kong—Report

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure China’s top police body has set up its first official way to sell off crypto coins it grabs in criminal cases. The move leans on Hong Kong’s licensed trading platforms. It lets Beijing turn seized Bitcoin and Ethereum into yuan without loosening […]

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Beijing Fast-Tracks 24-Hour Seized Crypto Liquidation via Hong Kong Exchanges

Beijing Fast-Tracks 24-Hour Seized Crypto Liquidation via Hong Kong Exchanges

Key Takeaways: Beijing’s police authority has introduced a formal process for liquidating seized digital assets through Hong Kong exchanges. The system was developed with the Beijing Equity Exchange and involves third-party custody and compliant offshore liquidation. The first test case was completed in Shunyi District, with funds transferred to the national treasury within 24 hours.

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China Eyes Faster De-Dollarization With SCO Leadership

China Eyes Faster De-Dollarization With SCO Leadership

China is turbocharging its de-dollarization push, leveraging its SCO presidency to expand national currency use, supercharge financial cooperation, and champion a bold Eurasian economic realignment. China to Use SCO Presidency to Expand National Currencies and Reduce Dollar Use China is escalating efforts to diminish reliance on the U.S. dollar by prioritizing the use of national

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Chinese Automotive Firm Reveals Dual-Track Plan to Buy 1,000 Bitcoins Over Next Year

Chinese Automotive Firm Reveals Dual-Track Plan to Buy 1,000 Bitcoins Over Next Year

Jiuzi Holdings, Inc. plans to acquire 1,000 bitcoins over the coming year through a combination of fresh stock issuance and direct cash purchases, the company revealed this week. Jiuzi Holdings to Raise Capital Via Stock, Cash for 1,000 Bitcoin Investment The Hangzhou-headquartered enterprise, Jiuzi Holdings (Nasdaq: JZXN), stated that its board approved the dual-path acquisition

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U.S. Leads the World in Bitcoin Ownership, New Report Shows

U.S. Leads the World in Bitcoin Ownership, New Report Shows

Bitcoin Magazine U.S. Leads the World in Bitcoin Ownership, New Report Shows A new report from River reveals that the United States dominates Bitcoin ownership globally, holding about 40% of all available Bitcoin. With 14.3% of its population owning Bitcoin, the U.S. outpaces Europe, Oceania, and Asia combined. The United States is the global Bitcoin

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Hong Kong Police Bust M Crypto Money Laundering Ring, Arrest 12

Hong Kong Police Bust $15M Crypto Money Laundering Ring, Arrest 12

Twelve people have been arrested in Hong Kong and mainland China for their alleged roles in a cross-border money laundering operation that moved HK$118 million ($15 million) through cryptocurrency and hundreds of fraudulent bank accounts, local media reported on May 17. According to Hong Kong Commercial Daily, the criminal syndicate used over 500 so-called stooge

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Analyst Identifies ,000 As Bitcoin’s Pivotal Support

Analyst Identifies $90,000 As Bitcoin’s Pivotal Support

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Veteran market analyst with X handle Daan Crypto has shared an intriguing insight on the present Bitcoin market structure. In a recent post on May 16, Daan Crypto provided some technical pointers for BTC investors while highlighting the potential fundamental developments that

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Crypto Cold War? Trump Says US Is Beating China In Digital Assets

Crypto Cold War? Trump Says US Is Beating China In Digital Assets

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure United States President Donald Trump has painted a picture of the United States pulling ahead of China in the battle for crypto dominance. He made the claim in a recent social media post, asserting that the US dominating China in the crypto

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Geneva Gamble: Markets Await Outcome of Secretive US-China Talks

Geneva Gamble: Markets Await Outcome of Secretive US-China Talks

Market analysts are closely watching the ongoing dialogue between U.S. Treasury Secretary Scott Bessent, U.S. Trade Representative Jamieson Greer, and China’s Vice Premier He Lifeng as both sides attempt to ease tensions in their prolonged trade standoff. On Sunday, Bessent and Greer noted the duo made substantial progress during the negotiations. Tariff Titans Face-Off Top

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ASEAN, China, Japan, and South Korea Stand Against Trump’s Protectionism

ASEAN, China, Japan, and South Korea Stand Against Trump’s Protectionism

ASEAN, the Association of Southeast Asian Nations, along with China, Japan, and South Korea, criticized the escalation of protectionism in a joint statement. The group called for enhanced regional unity to address the uncertainty arising from the implementation of these policies. ASEAN, China, Japan, and South Korea to Strengthen Ties to Fight Protectionism, Enhance Multilateralism

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