Tag china

Ex-Chinese Official Receives Life Sentence for BTC Mining-Related Crime

Ex-Chinese Official Receives Life Sentence For Crypto Mining-Related Crimes

Key Takeaways A former government official in China has been sentenced to life imprisonment for engaging in corrupt activities, including running a sizable Bitcoin mining operation, along with unrelated charges of corruption. Xiao Yi, a former member of the Jiangxi…

Saniya Raahath
August 23, 2023
News

CoinCodeCap WeekInFocus: August 20, 2023

WeekInFocus is your ally in plugging in the gaps in the news you might have missed during the course of the previous week. Beyond that, it serves as a catalyst for your professional and personal development by introducing you to new ideas and exciting job opportunities. Join us in accepting both what is occurring and what is conceivable.

Deep
August 20, 2023
News, NewsLetter

Chinese Individual Receives 9-Month Prison Sentence for $13K USDT Purchase

The Fuzhou Mawei People's Procuratorate has found a man guilty of buying Tether USD for a friend for 94,988 ($13,067) Chinese Yuan.

Deep
August 14, 2023
News

Binance Files an Application in Taiwan Seeking AML Compliance

The Financial Supervisory Commission (FSC) and Money Laundering Control Act have apparently received an application from Binance.

Deep
August 11, 2023
News

Largest Southeast Asian Bank Launches Digital Yuan Payment Solution

The payment solution is exclusively available to corporate clients of DBS Bank China, allowing them to collect e-CNY from their customers and conduct automated settlements of the digital currency into their CNY bank deposit accounts.

Saniya Raahath
July 6, 2023
News

Tether Addresses Reports on Chinese Securities Exposure

Tether, the stablecoin issuer, did partially back its stablecoin with Chinese stocks for a while, despite refusing to confirm it at the time.

Aadrika Sharma
June 16, 2023
News

Beijing Unveils White Paper: Paving Way for Web3 Innovation and Development

Beijing has published a white paper to encourage innovation and grow the Web3 industry.

Deep
May 28, 2023
News

A Chinese city intends to pay its public servants in digital yuan

Beginning in May 2023, Changshu city officials will be paid their entire salary in digital yuan.

Aadrika Sharma
April 23, 2023
News

Crypto mining firm Bitmain faces $3.7 Mln in fines for alleged tax violations in China

Reportedly, the tax authority had fined Bitmain about 25 million Chinese yuan ($3.7 million). As per local media reports, a notice regarding the tax violation was sent to Bitmain in August 2022

Saniya Raahath
April 11, 2023
News

FTX CEO Sam Bankman-Fried Charged with Bribery of Chinese Official

Ftx'S Sam Bankman-Fried Charged With Bribery Of Chinese Official

Sam Bankman-Fried has been accused of paying Chinese authorities $40 million in cryptocurrency.

Deep
March 28, 2023
News

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