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China's 'Cryptoqueen' Jailed In UK Over $6.6 Billion Bitcoin Scam
A Chinese woman who was found with 5 billion pounds ($6.6 billion) in Bitcoin after defrauding more than 128,000 people in China in a Ponzi scheme was sentenced by a UK court on Tuesday to over 11 years in prison.
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China's "Goddess Of Wealth" Faces Jail In UK Over $6 Billion Bitcoin Scam
She lived a life of luxury that earned her the nickname "goddess of wealth", but Chinese businesswoman Zhimin Qian now faces a long jail sentence after police made the UK's largest-ever cryptocurrency seizure of Bitcoin worth over $6 billion.
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Bitcoin will Hold Strategic Importance to Strengthen US' Position Against China, Says JD Vance
On May 28, JD Vance took centre stage at the ongoing Bitcoin Conference in Las Vegas. As part of his 45-minute-long address, the US Vice President stated that Bitcoin will be strategically integrated into the US financial system to strengthen its position against China as tensions between the two nations remain volatile and intense.
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Bitcoin Falls to $94,000 as Market Sees Over 9 Percent Drop Following Trump's New Tariff Decisions
US President Donald Trump has announced new tariffs on imports from China, Mexico, and Canada, triggering heightened volatility in the crypto market over the weekend. As a result, most cryptocurrencies, including Bitcoin and Ether, are trading in the red on Monday, February 3. Over the past 24 hours, the total cryptocurrency market capitalisation h...
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US President-Elect Donald Trump Says US Will 'Do Something Great With Crypto' at NYSE
Donald Trump hinted that in the coming times, crypto related steps will be made part of traditional financial practices, while ringing the opening bell at the New York Stock Exchange. He said that he wishes for US to establish itself as a crypto adopter before other countries like China does.
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Central Bank Digital Currency Momentum Shows Growth, Study Shows
The research by the US-based Atlantic Council think-tank published on Tuesday showed that all G20 nations are now looking into central bank digital currencies (CBDCs) as they are known and that 44 countries in total are piloting them. That is up from 36 a year ago and is part of a global push by authorities to respond to declining cash usage and th...
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Hong Kong Said to Be Close to Approving Its First Spot Bitcoin ETFs
Spot bitcoin exchange-traded funds could be launched in Hong Kong this month with the first approvals likely to be announced next week, two people familiar with the matter said.
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ED Files Charges Against Chinese-Origin Directors, Others in Crypto Mining App Case
A charge-sheet has been filed under the anti-money laundering law against 299 entities, including 10 persons of Chinese origin, in an investigation linked to alleged duping of investors in the name of mining cryptocurrencies such as Bitcoins, the Enforcement Directorate said on Wednesday.
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BTC-Accepting Businesses Rose by Over 170 Percent in 2023, Some Also Identified in India: Report
Over 6,000 businesses were identified around the world last year for accepting Bitcoin payments for their products and services. While most of these businesses were identified on BTC Maps in Italy, India also reflected a small number of pro-crypto businesses that maybe accepting BTC payments.
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US Government May Impose Disciplinary 30 Percent Taxes on Crypto Miners: Details
The US is mulling on imposing a punitive tax on companies and individuals indulging in crypto mining in the country. Soon, the US could ask crypto miners to pay a tax equal to 30 percent of the total energy cost that they consume in mining cryptocurrencies.
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China's 'Cryptoqueen' Jailed In UK Over $6.6 Billion Bitcoin Scam
A Chinese woman who was found with 5 billion pounds ($6.6 billion) in Bitcoin after defrauding more than 128,000 people in China in a Ponzi scheme was sentenced by a UK court on Tuesday to over 11 years in prison.
-
China's "Goddess Of Wealth" Faces Jail In UK Over $6 Billion Bitcoin Scam
She lived a life of luxury that earned her the nickname "goddess of wealth", but Chinese businesswoman Zhimin Qian now faces a long jail sentence after police made the UK's largest-ever cryptocurrency seizure of Bitcoin worth over $6 billion.
-
Bitcoin will Hold Strategic Importance to Strengthen US' Position Against China, Says JD Vance
On May 28, JD Vance took centre stage at the ongoing Bitcoin Conference in Las Vegas. As part of his 45-minute-long address, the US Vice President stated that Bitcoin will be strategically integrated into the US financial system to strengthen its position against China as tensions between the two nations remain volatile and intense.
-
Bitcoin Falls to $94,000 as Market Sees Over 9 Percent Drop Following Trump's New Tariff Decisions
US President Donald Trump has announced new tariffs on imports from China, Mexico, and Canada, triggering heightened volatility in the crypto market over the weekend. As a result, most cryptocurrencies, including Bitcoin and Ether, are trading in the red on Monday, February 3. Over the past 24 hours, the total cryptocurrency market capitalisation h...
-
US President-Elect Donald Trump Says US Will 'Do Something Great With Crypto' at NYSE
Donald Trump hinted that in the coming times, crypto related steps will be made part of traditional financial practices, while ringing the opening bell at the New York Stock Exchange. He said that he wishes for US to establish itself as a crypto adopter before other countries like China does.
-
Central Bank Digital Currency Momentum Shows Growth, Study Shows
The research by the US-based Atlantic Council think-tank published on Tuesday showed that all G20 nations are now looking into central bank digital currencies (CBDCs) as they are known and that 44 countries in total are piloting them. That is up from 36 a year ago and is part of a global push by authorities to respond to declining cash usage and th...
-
Hong Kong Said to Be Close to Approving Its First Spot Bitcoin ETFs
Spot bitcoin exchange-traded funds could be launched in Hong Kong this month with the first approvals likely to be announced next week, two people familiar with the matter said.
-
ED Files Charges Against Chinese-Origin Directors, Others in Crypto Mining App Case
A charge-sheet has been filed under the anti-money laundering law against 299 entities, including 10 persons of Chinese origin, in an investigation linked to alleged duping of investors in the name of mining cryptocurrencies such as Bitcoins, the Enforcement Directorate said on Wednesday.
-
BTC-Accepting Businesses Rose by Over 170 Percent in 2023, Some Also Identified in India: Report
Over 6,000 businesses were identified around the world last year for accepting Bitcoin payments for their products and services. While most of these businesses were identified on BTC Maps in Italy, India also reflected a small number of pro-crypto businesses that maybe accepting BTC payments.
-
US Government May Impose Disciplinary 30 Percent Taxes on Crypto Miners: Details
The US is mulling on imposing a punitive tax on companies and individuals indulging in crypto mining in the country. Soon, the US could ask crypto miners to pay a tax equal to 30 percent of the total energy cost that they consume in mining cryptocurrencies.
