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Tag: China

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China targets 2030 for its national blockchain network buildout
China’s five-year digital development plan calls for wider blockchain use in trade and manufacturing alongside stronger technical standards. Read full article
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China Wants $5.1B in Bitcoin, Now HSBC Is Launching RedCoin in Hong Kong
China is seeking to confiscate 61,896 Bitcoin worth $5.1 billion, while HSBC has begun rolling out its Hong Kong dollar-backed RedCoin stablecoin.
Chinese prosecutors have applied to confiscate Bitcoin seized by UK authorities in connection with a massive investment fraud.… Read full article
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China Targets 61,896 Bitcoin Still Held by British Authorities: Report
Chinese prosecutors are seeking to confiscate 61,896 bitcoin worth approximately $5.1 billion, currently held by British authorities, after one of the world’s largest cryptocurrency seizures. The assets trace back to Qian Zhimin, convicted in Britain for handling criminal proceeds from… Read full article
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