China is sentencing pig butchering scammers to death
China has sentenced nearly 20 people, including members of prominent mafia families, to death over pig butchering scams in recent months.
China has sentenced nearly 20 people, including members of prominent mafia families, to death over pig butchering scams in recent months.
Donald Trump threatened to renew a tariff war with China on Friday, and the news briefly spooked $600M out of crypto valuations.
Reports claim that China wants to issue a yuan stablecoin, but it is not clear how that is compatible with its goals.
Wild rumors of a crypto ban in China started on Telegram and reached millions via Elon Musk’s X account. Thing is, it was fake news.
As a way to project confidence into FX markets amid trade wars, China defended its yuan with claims that its CBDC is booming.