On January 26, according to China's Legal Daily, in order to implement the spirit of the Third Plenary Session of the 20th Central Committee of the Communist Party of China and give full play to the role of the rule of law in the modernization of the national governance system and governance capacity, on January 19, the Law of Renmin University of China...
On January 23rd, according to Xiaoxiang Morning News, Changsha Railway Police recently reported that on the G813 train, the police received a report from passengers and seized a man suspected of using virtual currency to launder money on the spot. The suspect Zeng was found in the luggage carrying 560,000 yuan in cash, some of which was consistent with the stolen money in a telecommunications fraud case investigated by Gansu Police. According to the investigation, Zeng was instructed to receive ...
On January 22, according to a report by Zhitong Financial Network, Ye Zhiheng, executive director of the intermediary department of the Hong Kong Securities Supervision Commission, revealed that the new license of the virtual asset trading platform will be approved in the near future, and it is expected that there will be good news in Quarter 1 in 2025. It is reported that the regulator has completed on-site inspections of all applicants, and there are currently 11 platforms in the application l...
According to a report by Kim Ten, US President-elect Donald Trump is about to take office, and his promotion of a series of cryptocurrency supporters and holders will soon influence US crypto policy. The crypto industry has been battling lawsuits and enforcement actions by the US government for years, so it is banking on the incoming Trump administration to bring about a shift in policy. Trump-appointed politicians will be scrutinized for potential conflicts of interest with the crypto industry,...
On January 15th, according to a report by Kim Ten, Tim Murray, an analyst at Pryce, said in a report that US President-elect Trump's tariff and immigration proposals could exacerbate inflation, which could force the Federal Reserve to stop cutting interest rates or even raising interest rates. The capital markets strategist said this could lead to significant market volatility. He said: "The energy and financial industries could benefit from more friendly regulatory environments, while renewable...
On January 8, according to the "Korea Economic Daily" report, South Korean prosecutors have added charges against a woman in her 30s for allegedly operating an illegal cryptocurrency gambling website in Thailand. The new charges include concealing the proceeds of crime and false accusations. Between April 2018 and August 2021, the website she managed received more than 24,000 bitcoins (worth $2.30 billion) from users, including Koreans. The website gambled by predicting changes in bitcoin prices...
According to ifeng.com, the Hong Kong police recently smashed the deepfake (deepfake) technology through social platforms to lure others to invest in virtual currency fraud group, involving about 34 million yuan. According to intelligence reports, the Commercial Crime Division of the Hong Kong Police arrested 31 people, aged between 20 and 34, in two industrial buildings in Kowloon Bay last week. Some of them reported that students and unemployed people were involved in the same fraud syndicate ...
On January 5th, the Economic Daily wrote an article "Strict Characters to Cure and Manipulate the Market". The article pointed out that market supervision, communication management, financial supervision, public security and other departments should strengthen data connectivity and sharing, strengthen governance in key areas, and unblock the connection of punishment and execution. At the same time, make good use of big data, cloud computing, blockchain and other Internet technology means to accu...
On December 30, according to the German business newspaper Handelsblatt: "Former Federal Finance Minister Christian Lindner said that the European Central Bank and the Bundesbank should encourage the inclusion of cryptocurrencies such as bitcoin in their reserves."
Bitcoin Magazine published an article on the X platform, saying that Finnish trade newspaper Kauppalehti forecasts that Bitcoin will plunge by 40% in 2025. "Trump's honeymoon with bitcoin investors will come to an end in the fall as the huge expectations of the cryptocurrency industry fail to materialise. This, along with the decline in US equity returns, will break bitcoin's bullish cycle, with a pullback taking its peak price down 40 per cent by the end of the year. Many investors are fleeing ...
According to Russia Today, 67 passengers and five crew members were on board the plane that crashed in Aktau, Kazakhstan.
On December 23rd, according to the Korea Financial Daily, South Korean lawmaker Choi Eun-seok proposed an amendment to the Foreign Exchange Trading Law, which aims to prevent foreign exchange crimes such as virtual asset money laundering. The amendment proposes to establish a virtual asset trading monitoring system, improve the institutional foundation of fintech foreign exchange services, improve the convenience of foreign exchange transactions for individuals and enterprises, and strengthen th...
On December 8th, local time on December 8th, the General Intelligence Directorate of the Ukrainian Ministry of Defense said that after losing control of Damascus, as the opposition forces continued to advance in the provinces of Latakia, Hama and Tartus, the Russian army withdrew its warships from the naval base in Tartus. On the same day, a cargo ship named "Engineer Trubin" and the frigate "Admiral Grigorovich" of the Russian Black Sea Fleet had sailed from Tartus to the Mediterranean Sea. In ...
On December 7th, according to a report by Mobile Payment Network, the General Office of the Standing Committee of the Shanghai Municipal People's Congress issued a notice showing that the 17th meeting of the Standing Committee of the 16th Municipal People's Congress reviewed the "Shanghai Municipal Government to Promote the Use of Blockchain to Empower the Application of Electronic Documents (Draft) ". In order to further promote legislative democracy, the draft regulations and related instructi...
According to the Korea Herald, South Korea's president declared a state of martial law late on Tuesday night. However, if the opposition-controlled National Assembly votes to repeal the agreement, the agreement will be short-lived. After the unexpected move by South Korean President Yoon Seok-hyuk, the opposition Democratic Party quickly mobilized to repeal the measure, despite earlier reports that access to the South Korean National Assembly building was blocked under the state of emergency. De...