The post China Sells $16 Billion in Seized Bitcoin: Lack of Rules Sparks Major Concerns appeared first on Coinpedia Fintech News
China has built up a large stash of cryptocurrencies from illegal activities, and now local governments are looking for ways to sell off the holdings. Courts and financial industry have raised concerns calling out on clearer rules to handle these digital assets. Despite its 2021 ban on crypto trading, recent reports reveal that China has …
