Miami Mayor: China’s Crypto Crackdown ‘Creates Incredible Opportunity for America’ in Bitcoin Mining

Miami Mayor Says China’s Crypto Crackdown 'Creates Incredible Opportunity for America' in Bitcoin MiningThe mayor of Miami, Florida, sees China’s cryptocurrency crackdown as “the turning point” that “creates an incredible opportunity for America.” He said: “Their loss is our gain and America can and will lead the future by providing a clean power home for bitcoin miners and all who are building on/with/for bitcoin.” Miami Mayor Sees US […]

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US Lawmakers See China’s Authoritarian Crackdown on Crypto as Big Opportunity

US Lawmakers See China's Authoritarian Crackdown on Crypto as Big Opportunity for USSeveral U.S. lawmakers see China’s authoritarian crackdown on cryptocurrency, including bitcoin, as “a perfect opportunity for American leadership on cryptocurrency.” One senator noted that it is “a reminder of our huge structural advantage over China.” US Lawmakers Comment on China’s Cryptocurrency Crackdown Following the latest news of China’s crackdown on cryptocurrency, several U.S. lawmakers have […]

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China Arrests 1,100 People Allegedly Using Cryptocurrency to Launder Criminal Proceeds

China Arrests Over 1,100 People Allegedly Using Cryptocurrencies to Launder Illegal ProceedsChinese authorities have announced that more than 170 criminal gangs have been eliminated and over 1,100 suspects arrested in the latest round of crackdown on criminal groups providing cryptocurrency money laundering services for telecom fraudsters. Crackdown on Telecom Fraud Using Cryptocurrency for Money Laundering The Ministry of Public Security of the People’s Republic of China […]

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