China tightens crypto trade oversight with new forex rules
China’s new forex rules require Chinese banks to track identity, fund sources and trading frequencies to curb cross-border crypto activities.
Related Posts


BTC bounceback, ETH’s ‘legit crisis,’ Elon Musk’s DOGE stunt: Hodler’s Digest, Jan. 31–Feb. 6
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekBitcoin eyes $50K less than a month after BTC price broke its…

Price analysis 8/8: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX
The United States equities markets and the cryptocurrency markets have started the week on a strong note, indicating that traders are not nervous about buying ahead of the important Consumer Price Index (CPI) data for July, which will be released on Aug. 10.Another positive sign is that the recent recovery in Bitcoin (BTC) has not…

WallStreetBets combats market manipulation using blockchain
The grassroots movement is dedicated to “rooting out corruption” with its latest exchange-traded portfolio and token offerings. 3246 Total views 10 Total shares WallStreetBets, the Reddit-based grassroots movement that achieved notoriety for short-squeezing hyper-leveraged financial firms, has launched a new blockchain-based application aimed at combating market manipulation in traditional finance. The group announced the creation of…

Bitcoin Tests $8.8K as Coronavirus Makes Stocks ‘Bargain Basement’
Bitcoin (BTC) was fighting to keep support at a key level on Feb. 27 as markets worldwide continued to suffer from fears over coronavirus.Cryptocurrency market daily overview. Source: Coin360The make-or-break moment for BTC bullsData from Coin360 and Cointelegraph markets showed BTC/USD fluctuating around its 200-day moving average (200 DMA) just below $8,800.As Cointelegraph reported on…

Hodler’s Digest, March 25–31: Top Stories, Price Movements, Quotes and FUD of the Week
Top Stories This WeekOwner of ICO That Never Happened Attempts to Sell Project on eBay for $60,000The owner of a crypto-related startup dubbed Sponsy, which never launched its initial coin offering (ICO), is attempting to sell the project on eBay for $60,000. The project is described as a blockchain-related identity that is able to launch…

South Africa learns a hard crypto lesson amid fast growing demand
Authorities in South Africa appear to be paying closer attention to the cryptocurrency space in 2021 in the wake of a major Bitcoin (BTC) Ponzi scheme and increased trading activity. As a result, the South African Financial Sector Conduct Authority has called for tighter controls of the crypto space following the collapse of what has…

Looser Fed policy, global macro trends point to bullish outlook for Bitcoin — Analysts
Bitcoin may be decoupling from concerns about a US recession and aligning more closely with the US dollar's performance and signs of easing monetary policy, according to ETC Group.

KuCoin recovered 84% of stolen crypto after $280M hack, says co-founder
KuCoin has resumed full services for 176 out of the total 230 tradable assets to date. 3127 Total views 19 Total shares KuCoin cryptocurrency exchange has recovered the majority of funds lost in a $280 million hacking incident in September, a senior executive has said.Johnny Lyu, co-founder and CEO of KuCoin, announced on Nov. 11…