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The UK government is moving to tighten rules on political donations by introducing limits on overseas funding and temporarily banning contributions made in cryptocurrency, in a measure officials say is aimed at reducing the risk of foreign influence in domestic elections. Under proposals set out in

China's central bank issued comprehensive regulations on February 6 banning real-world asset tokenization and offshore issuance of yuan-pegged stablecoins. The People's Bank of China explicitly named Bitcoin (BTC), Ethereum (ETH), and Tether (USDT) as lacking legal tender status in Notice No. 42, si

A federal judge in Los Angeles sentenced Jingliang Su to 46 months in prison for laundering $36.9 million stolen from 174 Americans through fake cryptocurrency trading platforms. The 45-year-old Chinese national also received a $26,867,242 restitution order from U.S. District Judge R. Gary Klausner.

Chinese-language money laundering networks processed $16.1 billion in cryptocurrency during 2025 and now represent approximately 20% of all known crypto laundering activity, according to Chainalysis's 2026 Crypto Crime Report released Monday. What Happened: Telegram-Based Networks Dominate Launderin

President Donald Trump said he hopes to sign new cryptocurrency market structure legislation “very soon,” positioning the move as both a political priority and a strategic effort to prevent China from gaining dominance in digital asset markets. Speaking at the World Economic Forum, Trump said Congre