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On Saturday, South Korean cryptocurrency exchange Bithumb faced a significant blunder, accidentally distributing over $40 ...

Domestic entities, as well as offshore entities under their control, cannot issue virtual currencies overseas without approval.

The issue was how cryptocurrency income is classified for tax purposes. The framework holds that transfers fall under a dedicated VDA regime with a flat rate and strict loss ...

The prosecution appealed the appellate court’s decision in the case of former Bithumb Holdings representative Lee Sang-jun, ...

Chinese authorities on Friday announced moves to strengthen regulatory oversight for virtual currencies and real-world asset (RWA) tokenization to prevent and resolve related risks, warning that ...

BEIJING: China vowed on Friday to further tighten its crackdown on virtual currencies and banned unauthorised offshore issuance of yuan-pegged stablecoins. Authorities will also strictly vet offshore ...

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Beijing has broadened its crypto ban to include RWA tokenization and unapproved offshore yuan-linked stablecoin issuance.

China's central bank, and seven other government agencies on Friday jointly issued a notice on preventing cryptocurrency ...

China reaffirms its crypto ban and expands measures against virtual currencies, stablecoins, and RWA tokenization.

In a move to fend off financial risks, China clarified its regulatory stance on onshore entities' overseas activities related to virtual currencies, including stablecoins, bringing these activities ...