China warns foreign spies about crypto, Singapore dominates Asia: Asia Express

China warns foreign spies about crypto, Singapore dominates Asia: Asia Express

Özet: Kripto piyasasında önemli gelişmeler yaşanıyor.

CHINA China’s Ministry of State Security has toughened its rhetoric on the risks of cryptocurrencies, highlighting their role in crime and stressing transactions are not really anonymous.

According to the South China Morning Post the spooks published an article on social media stating cryptocurrencies are used to facilitate money laundering and cyberattacks and serve as “accomplices” in espionage.

The MSS stated that crypto is often used by “overseas anti-China hostile forces” to disrupt financial order and harm national security.

The warning that crypto isn’t as anonymous as most people assume, seemed to be a coded warning aimed at would-be foreign spies who mistakenly believe they could send or receive payments without the authorities knowing: ‘We’re watching the blockchain’ was the message.

While the warning holds true for most cryptocurrencies like Bitcoin and Ethereum, Monero or Zcash are totally private when used correctly.China banned crypto a number of times, before a comprehensive ban on exchanges in 2017 and a later ban on mining in 2021.

It has also declared all crypto businesses illegal.

SINGAPORE SOUTH KOREA United States payments and infrastructure firm MoonPay has launched a South Korean subsidiary.

It will work with local financial institutions on remittances, payments, settlements and digital asset distribution.

It has yet to receive the required approvals however.

JAPAN HSBC plans a phased rollout of RedCoin, its new Hong Kong dollar based stablecoin beginning with person to person and merchant payments, before expanding into corporate and institutional use cases.

Analiz: Piyasa hareketliliği devam ediyor.