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Crypto Reporter

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Home » China

China escalates crypto crackdown with new anti-money laundering regulations

August 23, 2024 By Crypto Reporter

China has intensified its regulatory scrutiny of cryptocurrency activities by formally classifying crypto transactions as a form of money laundering under updated anti-money laundering (AML) laws. This development marks a significant escalation in the country’s ongoing crackdown on digital assets, further tightening the noose around what Beijing views as a major financial risk. … [Read more...] about China escalates crypto crackdown with new anti-money laundering regulations

Hong Kong to issue crypto exchange licenses and allow retail investors to trade coins

February 27, 2023 By Crypto Reporter

Crypto companies are making a comeback before the new regulation kicks in … [Read more...] about Hong Kong to issue crypto exchange licenses and allow retail investors to trade coins

Chinese president calls for acceleration of development of blockchain technology

October 27, 2019 By Crypto Reporter

China’s President Xi Jinping said the country needs to “seize the opportunity” afforded by blockchain technology and aim at taking "the leading position in the emerging field of blockchain." … [Read more...] about Chinese president calls for acceleration of development of blockchain technology

China’s central bank could launch cryptocurrency in several months

August 29, 2019 By Crypto Reporter

The state-backed cryptocurrency is all but ready to launch, with network capacity at 300,000 transactions per second … [Read more...] about China’s central bank could launch cryptocurrency in several months

Crypto news in brief (April 9, 2019): Bitfinex, China, mining, Coinbase, Western Union

April 9, 2019 By Crypto Reporter

- Bitfinex removed minimum equity requirement of $10,000 to trade on its platform - China may prohibit crypto mining - Coinbase has added support for EOS, REP and MKR - Western Union has partnered with blockchain startup Coins.ph … [Read more...] about Crypto news in brief (April 9, 2019): Bitfinex, China, mining, Coinbase, Western Union

Crypto news in brief (August 29): China, Triple-1, SEC, Associated Press, Civil, Coinbase, blockchain courses

August 29, 2018 By Crypto Reporter

- Chinese regulators issued a warning for investors on illegal fundraising and trading connected with blockchain and cryptocurrency - Japanese company Triple-1 is developing 7nm bitcoin mining chips, known as “Kamikaze” - After turning down applications to list nine bitcoin-ETFs SEC promised to reconsider its decision in the future - The Associated Press (AP) news agency and … [Read more...] about Crypto news in brief (August 29): China, Triple-1, SEC, Associated Press, Civil, Coinbase, blockchain courses

Alibaba to monitor crypto transactions as China tightens grip

August 26, 2018 By Vitali Maldashou

Alibaba’s payment service will work closely with local financial regulators to thwart illegal exchange of digital money. … [Read more...] about Alibaba to monitor crypto transactions as China tightens grip

Crypto news in brief (March 12, 2018): Binance, SEC, China, South Korea, MoneroV

March 12, 2018 By Crypto Reporter

Binance adds new coin for trading. SEC tightens rules for local crypto exchanges. Hackers try to breach Binance. The Netherlands finance minister proposes international cryptocurrency control. China develops national cryptocurrency. Monero hard fork is delayed until end of April. South Korea considers lifting ICO ban … [Read more...] about Crypto news in brief (March 12, 2018): Binance, SEC, China, South Korea, MoneroV

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