China, Dollar Escape: Crypto Investors Abandon USDT for Real Assets
The strengthening yuan is eroding the value of the USDT in China, while regulatory tightening turns stablecoins into risky assets.
china
China has been a dominant player in the cryptocurrency world, despite evolving government policies.
15 Posts
Crypto Clash: Beijing Blames US for LuBian's 127,000 BTC Bitcoin Exploit
China accuses Washington of 'draining' 127,000 BTC from LuBian in 2020. Researchers link the exploit to a flaw in key generation.
The Weekend that Broke the Bitcoin Price Rally
Financial leverage, low liquidity and macroeconomic tensions collided, wiping $16,700 off the price of Bitcoin in less than eight hours, a painful lesson in risk and reaction.
China sanctions two Lithuanian banks over EU crypto dispute
Beijing responds to EU sanctions against Chinese banks for crypto services to Russia, hitting two Lithuanian institutions.
Chinese Stablecoin Strategy: Between Control and Ambition
Hong Kong leads China's stablecoin experiment between global ambitions and regulatory control.
Bitcoin collapses over China-US duties: markets panic
Bitcoin plummets 5% after Chinese tariffs announcement. Global markets down, investor panic and $437 million in liquidations.
Russia Utilizes Crypto for Oil Exports to China and India
Russia is using cryptocurrencies such as Bitcoin, Ethereum and Tether to facilitate oil exports to China and India, circumventing Western sanctions.
DeepSeek Crypto Scam: China Raises The Alert
Chinese authorities warn of a criminal group using the name DeepSeek to scam investors with fake platforms and infected apps.
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