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Category: China crackdown
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China Calls Bitcoin and Stablecoins ‘Investment Alternatives’ for the First Time Since Crypto Crackdown
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Another Asian Crypto Exchange Suspends Withdrawals as China Detains One of Its Founders
Chinese authorities are launching a national crackdown against fraudulent SIM card and bank account schemes. The latest detained under this operation is one of the founders of a Hong Kong-based cryptocurrency exchange CEO Global (ceobi). Crypto Exchange Founder Taken Into Custody by Chinese Police Amid Nationwide Crackdown According to an announcement published by CEO Global, […]
The post Another Asian Crypto Exchange Suspends Withdrawals as China Detains One of Its Founders appeared first on Bitcoin News.
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Chinese Authorities Confiscate $15 Million in Cryptocurrencies, Arrest 10 Scammers
Chinese authorities have seized cryptocurrencies worth about $15 million while bringing down a scam involving fake Huobi tokens. In addition, ten people were arrested while luxury cars and real estate were confiscated. The police in the Chinese city of Wenzhou, Zhejiang province, have cracked a criminal case and seized millions of dollars worth of cryptocurrencies, […]
The post Chinese Authorities Confiscate $15 Million in Cryptocurrencies, Arrest 10 Scammers appeared first on Bitcoin News.
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China to Block Access to International Cryptocurrency Exchanges
We know you heard this one before, but China wants to ban bitcoin…again. Only this time the government plans to use one of its most far reaching tools, the Great Firewall of China, to completely prevent anyone in the country from reaching foreign exchange sites. Unless they have the technical capability to bypass it, of […]
The post China to Block Access to International Cryptocurrency Exchanges appeared first on Bitcoin News.
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