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Crypto Crime Falls in China, Surges in Hong Kong, Reports Reveal – Bitcoin News

August 5, 2021
Source: cryptorenegade.com cryptorenegade.com
News Snapshot:
China’s cryptocurrency transactions related to criminal activities have decreased significantly over the past couple of years, a new report suggests. At the same time, its special administrative region of Hong Kong is seeing a spike in crypto-related crime this year, with authorities attributing the rise to the popularity of crypto investments. Chinese Crime-Related Crypto Transactions Drop, According to Chainalysis China has been a leader in the global crypto space, not only because of its control over a large portion of bitcoin’s hashrate but also in terms of activity of its crypto businesses and users. With the current government offensive on...
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