Bitcoin24h $84,451.14+0.52%

Ethereum24h $2,700.17+0.31%

BNB24h $772.62-0.35%

XRP24h $1.52-2.85%

Solana24h $121.40-0.25%

TRON24h $0.3332-1.28%

Zcash24h $1,647.97+7.05%

Hyperliquid24h $93.33+1.26%

Dogecoin24h $0.0965-2.12%

Chainlink24h $14.24+1.62%

Chinese banks freeze accounts over crypto memos

Chinese nationals are reporting that putting “Bitcoin,” “Dogecoin” or “USDT” in the memo field of a transfer causes the account to be frozen.

China’s Regulation 42 forces Tether to kill its CNHT stablecoin

Tether has never been in a better place than it is right now, at least in the US. But in China, it’s a very different story.

Crypto Capital Corp wound down after $850M was seized sometime between late 2018 and early 2019, but the ramifications continue to be felt.