Report: 147,000 BTC from High-Risk Addresses Flew into Cryptocurrency Exchanges in H1 2020

Jul 14, 2020

Cryptocurrency exchanges have seen 147,000 BTC from high-risk addresses flow into their platforms in the past six months, according to a study released by Chinese crypto analytics firm PeckShield. As per the PeckShield research focusing on Anti-Money Laundering (AML), as of June...

US wants China to continue regulations to address Bitcoin

Mar 9, 2017

In its latest International Narcotics Control Strategy Report, the United States Department of State recommends for China to continue adapting anti-money laundering regime and financial regulations to address new and developing threats like virtual currencies such as Bitcoin. The recom...

5m RMB money laundry case raises concern over regulatory compliance among Chinese altcoin exchanges

Feb 6, 2017

While the top 3 bitcoin exchanges are still being scrutinized by PBOC since January, a recent report of money laundry case via bter has raised concern for regulatory compliance issues in altcoin exchanges. The author, a lawyer in Beijing, disclosed a case using bitcoin as money laundry tool...