ChinaCoin
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China has the following virtual currencies in the crypto market
- Bitcoin$BTC
(BTC): Although not considered a legal tender, it is considered a virtual commodity.
- Ethereum$ETH
(ETH): Although not considered a legal tender, it is considered a virtual commodity.
- Yuan-backed stablecoin (CNHC): Considered a legal digital fiat currency.
- Digital Yuan (e-CNY): Considered a legal digital fiat currency and has been given legal status in China.
- Other virtual currencies and tokens: Although not considered a legal tender, they are considered virtual commodities.
China’s cryptocurrency market was previously one of the largest in the world, but the Chinese government has taken efforts to prevent the trading and mining of digital assets since 2017
#ChinaCoin
- Bitcoin$BTC
(BTC): Although not considered a legal tender, it is considered a virtual commodity.
- Ethereum$ETH
(ETH): Although not considered a legal tender, it is considered a virtual commodity.
- Yuan-backed stablecoin (CNHC): Considered a legal digital fiat currency.
- Digital Yuan (e-CNY): Considered a legal digital fiat currency and has been given legal status in China.
- Other virtual currencies and tokens: Although not considered a legal tender, they are considered virtual commodities.
China’s cryptocurrency market was previously one of the largest in the world, but the Chinese government has taken efforts to prevent the trading and mining of digital assets since 2017
#ChinaCoin
Check out this story about the Chinese women who where jailed 😱😨😰 #ChinaCoin #ETHETFsApproved #Megadrop #ChinaCrypto
LIVEBilal Ashraf
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💥🇨🇳CHINESE WOMAN JAILED AFTER 3 BILLION BITCOIN SEIZURE 🤯
Jian Wen, 42, came to the attention of police when she tried to buy some of London's most expensive properties, including a £23.5m seven-bedroom Hampstead mansion with a swimming pool and a nearby £12.5m home with a cinema and gym.
The investigation led to the UK's biggest-ever cryptocurrency seizure when more than 61,000 Bitcoin were discovered in digital wallets.
The cryptocurrency was worth £1.4bn at the time but its value has now risen to more than £3bn, while 23,308 Bitcoin, now worth more than £1bn, linked to the probe remains in circulation.
The Bitcoin allegedly came from a £5bn investment scam carried out in China between 2014 and 2017.
Wen was not involved in the fraud but was said to have acted as a "front person" to help disguise the source of the money, some of which had been used to buy cryptocurrency and smuggled out of China on laptops.
She was found guilty of one count of money laundering, relating to 150 Bitcoin, now worth nearly £8m, between October 2017 and January 2022 last month following a retrial at Southwark Crown Court.
Wen was jailed for six years and eight months today by Judge Sally-Ann Hales KC, who told her: "I am in no doubt you came to enjoy the better things in life.
"The evidence showed you and, to some extent, members of your family were generously rewarded for your service."
$BTC
#MtGox #EarnFreeCrypto2024 #ETFvsBTC
#FIT21 #btc70k
Jian Wen, 42, came to the attention of police when she tried to buy some of London's most expensive properties, including a £23.5m seven-bedroom Hampstead mansion with a swimming pool and a nearby £12.5m home with a cinema and gym.
The investigation led to the UK's biggest-ever cryptocurrency seizure when more than 61,000 Bitcoin were discovered in digital wallets.
The cryptocurrency was worth £1.4bn at the time but its value has now risen to more than £3bn, while 23,308 Bitcoin, now worth more than £1bn, linked to the probe remains in circulation.
The Bitcoin allegedly came from a £5bn investment scam carried out in China between 2014 and 2017.
Wen was not involved in the fraud but was said to have acted as a "front person" to help disguise the source of the money, some of which had been used to buy cryptocurrency and smuggled out of China on laptops.
She was found guilty of one count of money laundering, relating to 150 Bitcoin, now worth nearly £8m, between October 2017 and January 2022 last month following a retrial at Southwark Crown Court.
Wen was jailed for six years and eight months today by Judge Sally-Ann Hales KC, who told her: "I am in no doubt you came to enjoy the better things in life.
"The evidence showed you and, to some extent, members of your family were generously rewarded for your service."
$BTC
#MtGox #EarnFreeCrypto2024 #ETFvsBTC
#FIT21 #btc70k
#JASMY will go to the Moon ⁉️
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- Bitcoin is experiencing bearish pressure and momentum, causing its price to drop.
- The altcoin market, including JASMY, is suffering as a result of Bitcoin's downturn.
- JASMY has been holding up relatively well compared to other cryptocurrencies.
- The long-term outlook for JASMY remains bullish, but there is some short-term bearishness.
- The main support level for JASMY is around $0.0245, which the cryptocurrency is currently holding.
- JASMY's open interest has seen over $25 million in positions closed since Monday.
- JASMY had strong bullish momentum previously but needs to regain momentum now.
- If JASMY can hold its current support level and break back above $0.0255-$0.0257, it could rally to $0.027-$0.0285.
#BITCOIN $BTC $JASMY #ChinaCoin #trending #Trading
.
.
.
.
- Bitcoin is experiencing bearish pressure and momentum, causing its price to drop.
- The altcoin market, including JASMY, is suffering as a result of Bitcoin's downturn.
- JASMY has been holding up relatively well compared to other cryptocurrencies.
- The long-term outlook for JASMY remains bullish, but there is some short-term bearishness.
- The main support level for JASMY is around $0.0245, which the cryptocurrency is currently holding.
- JASMY's open interest has seen over $25 million in positions closed since Monday.
- JASMY had strong bullish momentum previously but needs to regain momentum now.
- If JASMY can hold its current support level and break back above $0.0255-$0.0257, it could rally to $0.027-$0.0285.
#BITCOIN $BTC $JASMY #ChinaCoin #trending #Trading
