Crypto in China

Tron founder Justin Sun has urged China to reconsider its stance on cryptocurrency and embrace friendly policies. Sun’s call to action comes in the wake of former President Donald Trump’s speech at the Bitcoin 2024 event, where the former President pledged to prevent China from dominating the global digital asset industry. Sun Sees US-China Crypto Rivalry as a Positive Force In a July 28 post on X, Sun urged China to advance its crypto regulations in response to former...

USDT is one of the most widely adopted stablecoins, which are blockchain-based currencies that are tied - or tethered - to fiat currencies. Tether's mission is to offer a safer digital asset that isn't affected by market volatility in the same way that Bitcoin is. In der sich ständig weiterentwickelnden Welt der Kryptowährungen haben sich Stablecoins als unverzichtbare Stütze erwiesen. Sie bieten Stabilität inmitten der Volatilität und ermöglichen es Anlegern, die Vorteile der...

Zu den Metallen der Seltenen Erden gehören die chemischen Elemente der 3. Nebengruppe des Periodensystems und die Lanthanoide – insgesamt also 17 Elemente. Im Bild: Seltene Erden aus Baotou, China Foto CC 3.0 by Brücke-Osteuropa Seltene Erden, auch Seltenerdmetalle genannt, sind eine Gruppe von 17 chemischen Elementen, die trotz ihres Namens gar nicht so selten sind. Einige von ihnen kommen in der Erdkruste sogar häufiger vor als beispielsweise Blei oder Kupfer. Ihre...

Blockchain intelligence firm TRM Labs has revealed that cryptocurrency deposits into crypto addresses linked to Chinese drug precursor manufacturers more than doubled in the first four months of 2024 compared to the same period in 2023. In 2023, Chinese precursor networks received over $26 million in cryptocurrency, with 97% of the over 120 manufacturers studied offering payment options in digital currencies. Bitcoin Dominates Transactions According to TRM Labs, the overall...

Der chinesische Konzern BYD hat sich in kürzester Zeit vom Batteriehersteller zum weltweit führenden Produzenten von Elektrofahrzeugen entwickelt. Diese beeindruckende Transformation hat nicht nur die Automobilbranche revolutioniert, sondern auch Anleger auf der ganzen Welt aufhorchen lassen. Vom Akku zum Auto: Eine strategische Entscheidung BYD (Build Your Dreams), gegründet 1995, machte sich zunächst als Hersteller von wiederaufladbaren Batterien einen Namen. Mit dem wachsenden Trend zur...

The Chinese police forces have burst a large underground banking operation using the popular stablecoin Tether (USDT) to facilitate transfers of up to 13.8 billion yuan ($1.9 billion). According to a report from local media house Weixin, the Public Security Bureau of Chengdu Municipal arrested 193 suspects linked to the case and froze 149 million yuan ($20.6 million) after raiding the operation’s location. A $1.9B Underground Banking Operation Investigations conducted by the...

The core technical team behind the Filecoin-based STFIL protocol said that they are under investigation by Chinese authorities. Over the past couple of days, there have been unforeseen updates to the protocol, along with funds transfers to different addresses. Mysterious Token Transfers and Upgrades The news came out in a public post by STFIL Protocol on X, revealing that they believe the STFIL core technical team is under investigation by local Chinese police. They mentioned...

Chinese mainland-based equity funds are reported to have filed applications to introduce spot Bitcoin exchange-traded funds (ETFs) through their Hong Kong subsidiaries. The development comes amid a month-long surge in crypto prices and heightened efforts by Hong Kong to establish itself as a global fintech hub. China Equity Funds Apply for Bitcoin ETFs According to Security Times, a Chinese state-owned newspaper, not all the companies applying have been named. However, it has...

BYD Auto Company, ein Vorreiter in der Elektroautoindustrie und eine Tochtergesellschaft des breiter aufgestellten BYD Co Ltd, hat in den letzten Jahren erhebliche Fortschritte gemacht. Mit dem steigenden globalen Fokus auf nachhaltige Mobilität und dem zunehmenden politischen Druck zur Reduzierung von CO2-Emissionen positioniert sich BYD Auto als ein potenziell zukunftsträchtiges Unternehmen im Aktienmarkt. Dieser Artikel untersucht, ob BYD Auto eine Aktie mit Zukunft ist, indem er die...

Jian Wen, a former takeaway worker residing in north London, was found guilty of one count of money laundering after she was found with Bitcoin worth over $2.5 billion (£2 billion) in 2018. Jian Wen assisted a Chinese fugitive known to Wen as Zhang Yadi, whose real name is Qian Zhimin, in laundering the BTC funds. The Bitcoin Laundering Case Wen was found with Bitcoin valued at over £2 billion, which she had been involved in converting into assets such as multi-million-pound...