April 24, 2025

Seized but Not Settled: Report Claims China Holds 15,000 BTC Amid Ongoing Policy Uncertainty

1 min read

A recent Reuters report reveals that China holds 15,000 bitcoin ( BTC) confiscated through criminal investigations. However, officials are currently entangled in deliberations over how to handle these digital assets, as cryptocurrency trading remains prohibited in the country. Local Governments in China Sit on Bitcoin Fortune, Face Legal and Strategic Gridlock Reuters reports that municipal

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Source: Bitcoin.com

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