Crypto used by Chinese criminals
Law & Order

Crypto Money Laundering in China: New Data Exposes Rising Trend

Chinese criminal networks are increasingly turning to cryptocurrencies like Bitcoin and Tether to move and hide illegal funds, according to a new RUSI report. These groups are using crypto to launder money linked to global crimes, including the fentanyl trade, because digital assets make it easier to transfer large sums across borders. As authorities tighten regulations, the trend highlights the need for beginners to understand both the risks and the growing role of crypto in international crime. […]

Chinese dragon, american eagle
Business

Is This the Start of a New Crypto Bear Phase?

The crypto market has taken another hit as tensions between China and the U.S. escalate. Following China’s retaliatory trade actions, Bitcoin, Ethereum, and other major cryptocurrencies dropped sharply, erasing over $150 billion in market value. For beginners, this slump highlights how global politics and investor sentiment can significantly impact crypto prices and why managing risk is key in volatile markets. […]