Lawmakers in Japan have decided to enforce stricter Anti-Money Laundering measures starting June 1 to trace cryptocurrency transactions.
Beijing News
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The release of the white paper coincides with new digital asset regulations in Hong Kong, raising further interest in China’s stance toward the crypto industry.
15030The Metaverse development plan requires various municipalities to track NFT technology trends and integrate the Metaverse into education and tourism.
5632While NFTs are not banned in China like cryptocurrencies, the government has warned against fraud risks associated with the nascent sector.
3829Guangdong province’s Development and Reform Commission confiscated 190 crypto mining machines, estimated to be worth 5 million yuan.
5690China has carried out multiple crypto crackdowns and enforced numerous bans on crypto markets since 2013, however, Chinese traders have always found a way to bypass these bans.
4334The research report blamed the increase of Bitcoin’s carbon footprint on the China mining ban and claimed Chinese miners were more renewable-energy-focused.
6410The new policy change aims to mitigate risks arising from digital currency fundraising and the absorption of funds from the public.
2969Sustainable Bitcoin mining gets a boost from the joint venture between mostly hydro-powered BTC miners Merkle Standard and infrastructure provider Bitmain.
5817"Do not accept any digital yuan," said Minnesota Representative Tom Emmer in a tweet aimed at Team USA athletes competing in China.
3458Shanghai’s five-year plan calls for the use of a metaverse in public services, businesses, entertainment and industrial manufacturing.
10586Beijing residents should apply to participate in the lottery until midnight on June 7.
10697Bitcoin’s electricity bill has been attracting the attention of regulators worldwide.
8030Courts in China are rolling out blockchain-based electronic seals to protect property from being disturbed or damaged.
4175China should learn from Hong Kong and Facebook as it develops its own sovereign digital currency, a former central bank governor says.
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