Recently, One of the leading Chinese bitcoin exchange, Huobi.com has sent a notification to some of its users to inform them of a set of new Anti-Money-Laundry(AML) requirements. Regarding to Huobi’s new policy, Huobi users with potential money laundry risks are now requi...
Note: Zhou Xuedong, president of the Nanjing branch of the People's Bank of China and a NPC (National People's Congress) deputy, has been working to promote the rule of law in all elements of the economy and financial services. He led the effort to amend the Law of the P...
Several arguments should be made for why the ongoing development of onsite inspections of bitcoin exchanges by the People’s Bank of China is a positive move for the emergence of bitcoin as a true global currency of the future. Shortly after news emerged that the PBoC is carrying out an...
As per a report by Caixin, a famous economic and political media, several bitcoin exchanges denies the possibility of using bitcoin to bypass the tightening capital control in China. The report attributes the rocketing price of Bitcoin to global demand and the loss of faith to traditional curre...
Vietnam's proximity to China has been a positive factor on the smaller country whose government recently sought to regulate and legislate Bitcoin and other virtual currencies, according to Dominik Weil of Bitcoin Vietnam. Though Weil believes the move should be applauded and that Vietna...
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