Facing mounting pressure from economic stagnation, China is aggressively managing its growing stash of seized cryptocurrencies. With over 3,300 individuals facing prosecution for cryptocurrency-related offenses and a staggering […]
China’s Seizure of Cryptocurrency: New Strategies Emerge Amidst Growing Asset Pool
China grapples with a significant challenge – the rising volume of confiscated cryptocurrency assets. Despite stringent regulations, seized cryptocurrencies continue to increase, raising concerns about legal recognition and […]
Russia Converts Seized Bitcoin for State Revenue Amid Legal Changes
Russia is taking a significant step towards regulating its crypto industry by converting seized Bitcoin into state revenue. Dmitry Aristov, Head of the Federal Executive Service, has spearheaded […]