Cryptopolitan on MSN

China sentences drug money launderer to death over $7 million in crypto transactions

The Supreme People’s Procuratorate of China (SPP) disclosed a cross-border narcotics and money-laundering case in which a ...

China, Mongolia central banks renew bilateral currency swap agreement

BEIJING, June 26 (Reuters) - China's central bank said on Friday it has renewed a bilateral currency swap agreement with the ...

China Currency Fix Weakens as Dollar Puts Yuan Strength to Test

China’s central bank set the daily guidance rate for the yuan weaker for a fourth straight session, showing flexibility in ...

Why China wants its citizens to keep their money at home

China has long controlled what its citizens can read online, where they can travel and how freely they can speak. Now, ...
The Hill

It’s way past time to hit China’s money laundering banks

At the conclusion of talks this month, Treasury Secretary Scott Bessent called money laundering “the result of fentanyl sales,” and said “both the People’s Republic of China’s government and the U.S.
IJR

Treasury Targets Chinese Money Laundering Networks Fueling Fentanyl Crisis

The U.S. Treasury Department is urging financial institutions across the country to intensify monitoring of suspected Chinese money laundering operations that are helping fund the deadly flow of ...

Beijing’s New Message to Its Citizens: Your Money Belongs at Home

Eager to keep capital within its borders, China is restricting the ways individuals can engage with global markets.
The Economist

How Chinese underground banks became the world’s biggest money-launderers

CHINESE FIRMS have dominated almost every legal industry they have entered, from steel to ships, batteries to electric vehicles. They drive down costs and prices and cause no end of consternation in ...