Market Cap
24h Vol
7720
Cryptocurrencies
62.66%
Bitcoin Share

China Sells $16 Billion in Seized Bitcoin: Lack of Rules Sparks Major Concerns

China Sells $16 Billion in Seized Bitcoin: Lack of Rules Sparks Major Concerns


Coinpedia
2025-04-16 08:36:35

The post China Sells $16 Billion in Seized Bitcoin: Lack of Rules Sparks Major Concerns appeared first on Coinpedia Fintech News China has built up a large stash of cryptocurrencies from illegal activities, and now local governments are looking for ways to sell off the holdings. Courts and financial industry have raised concerns calling out on clearer rules to handle these digital assets.  Despite its 2021 ban on crypto trading, recent reports reveal that China has …


Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.