The post Analysts Claim Bitcoin Might Recover to $121K Soon, Citi and Coinbase Push for Global Crypto Payments, and More… appeared on BitcoinEthereumNews.com. Live Best Meme Coins Updates Today: Analysts Claim Bitcoin Might Recover to $121K Soon, Citi and Coinbase Push for Global Crypto Payments, and More… Sign Up for Our Newsletter! For updates and exclusive offers enter your email. Ben is a freelance writer specializing in crypto developments (mainly altcoins) and the intricate ways global economics shape the digital asset space. His B.Ed. in Education provides a unique foundation for his writing, enabling him to distill complex crypto concepts and market shifts into clear, digestible insights. This skill is key to helping readers adapt and apply their understanding to the ever-evolving world of crypto investment. Passionate about making crypto accessible, Ben crafts content designed to educate a broad audience, from current market events to the essential foundational knowledge that underpins them. His goal is to empower readers through understanding. When he’s not immersed in crypto analysis and breaking down complex topics, Ben is an avid Pokémon fan and enjoys all things Disney. This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree Source: https://bitcoinist.com/best-meme-coins-live-news-today-october-28-2025/The post Analysts Claim Bitcoin Might Recover to $121K Soon, Citi and Coinbase Push for Global Crypto Payments, and More… appeared on BitcoinEthereumNews.com. Live Best Meme Coins Updates Today: Analysts Claim Bitcoin Might Recover to $121K Soon, Citi and Coinbase Push for Global Crypto Payments, and More… Sign Up for Our Newsletter! For updates and exclusive offers enter your email. Ben is a freelance writer specializing in crypto developments (mainly altcoins) and the intricate ways global economics shape the digital asset space. His B.Ed. in Education provides a unique foundation for his writing, enabling him to distill complex crypto concepts and market shifts into clear, digestible insights. This skill is key to helping readers adapt and apply their understanding to the ever-evolving world of crypto investment. Passionate about making crypto accessible, Ben crafts content designed to educate a broad audience, from current market events to the essential foundational knowledge that underpins them. His goal is to empower readers through understanding. When he’s not immersed in crypto analysis and breaking down complex topics, Ben is an avid Pokémon fan and enjoys all things Disney. This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree Source: https://bitcoinist.com/best-meme-coins-live-news-today-october-28-2025/

Analysts Claim Bitcoin Might Recover to $121K Soon, Citi and Coinbase Push for Global Crypto Payments, and More…

2025/10/28 18:53








































Source: https://bitcoinist.com/best-meme-coins-live-news-today-october-28-2025/

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The Beijing Procuratorate announced a case of illegal USDT cross-border foreign exchange transactions involving over 1.1 billion yuan.

The Beijing Procuratorate announced a case of illegal USDT cross-border foreign exchange transactions involving over 1.1 billion yuan.

PANews reported on October 29th that, according to a report by 21st Century Business Herald, on October 28th, the Beijing Municipal People's Procuratorate released "Typical Cases of High-Quality and Efficient Performance of Financial Procuratorial Duties" (2024-2025). One case involved "using virtual currency to indirectly buy and sell foreign exchange, involving over 1.1 billion yuan." Between January and August 2023, Lin Jia, under the instruction of others, colluded with Lin Yi, Xia, Bao, and Chen to use multiple bank cards under their names to receive large amounts of RMB funds transferred from clients (such as Liu) connected to the "upstream" of an illegal currency exchange organization. This gang used virtual currency as a "bridge" to achieve the illegal purpose of cross-border fund transfers: Lin Jia and others converted the received RMB into USDT through multiple USDT trading platform accounts they actually controlled, and then completed the cross-border fund transfer through platform transactions, essentially engaging in disguised foreign exchange trading and profiting from it. According to the report, the total illegal business activities of the gang amounted to over 1.182 billion yuan, of which five members, including Xia and Bao, participated in activities ranging from over 149 million yuan to over 469 million yuan. On March 21, 2025, the Haidian District People's Court of Beijing issued a first-instance verdict, sentencing all five defendants to prison terms ranging from two to four years for the crime of illegal business operations, and imposing corresponding fines.
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2025/10/29 09:42