Chinese Authorities Secretly Sell $1.4B in Bitcoin, Exposing Regulatory Gaps
$1.4B in Bitcoin Sold by Chinese Authorities Amid Lack of Oversight Chinese local governments have been secretly selling off $1.4 billion in seized cryptocurrencies, primarily Bitcoin, despite the country’s strict ban on crypto trading. These sales, conducted through overseas private companies, highlight a significant gray area in regulations and raise concerns about the effectiveness of […]
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