Taliban rejects Trumps demand to return Bagram Air Base, citing Afghanistans sovereignty under the Doha Agreement. Trump warns bad things could follow if the US doesnt regain control.
Category: politics
China Sentences Four in Crypto Money Laundering Case
The post China Sentences Four com. Sentenced to one to two years imprisonment. Intensified focus on AML in crypto transactions. The Peoples Court of Longjing City, Jilin Province, China tried and sentenced four defendants for laundering RMB 789, 000 through gold purchases and unlicensed cryptocurrency platforms. This case underscores Chinas robust anti-money laundering stance, targeting crypto-related crimes, potentially influencing global regulatory practices and cryptocurrency market dynamics. Chinas Landmark Conviction: Four Jailed for Crypto Laundering Four individuals were recently convicted by the Longjing Municipal Peoples Court for concealing fraud proceeds. The defendants purchased gold, cashed it out, and used illegal crypto platforms to launder the fraud proceeds. The total amount involved in the transactions surpassed RMB 789, 000, with confirmed fraud-linked funds exceeding RMB 452, 000. This legal action highlights Chinas reinforced efforts to combat cryptocurrency-related crimes. The sentencing includes imprisonment of up to two years and fines up to RMB 20, 000, reflecting strict enforcement measures. The case sets a significant milestone, as Chinas revised Anti-Money Laundering law now explicitly targets cryptocurrency transactions as predicate offenses. In the words of the Jilin Provincial High Peoples Court Official Statement, Four defendants received 1-2 year sentences for using gold purchases and unregulated crypto platforms to launder RMB 452, 000 confirmed as fraudulent proceeds. There has been no official response from major crypto industry personalities or community developers concerning this case. However, the Higher Peoples Court of Jilin Province emphasized the importance of such rulings in their official statement, noting the reliance on blockchain forensics to trace funds. Crypto Regulations in China: Historical Context and Expert Insights Did you know? Chinas strict stance against crypto-related money laundering has led to its first major judicial action under the revised 2025 AML law, drawing international attention to its approach on blockchain forensics. As of.
UK, Australia, Canada recognise state of Palestine ahead of UNGA session
As the UNGA convenes in New York this week, the coordinated announcements are expected to add pressure on other nations, including the United States and European Union members, to reassess their positions on Palestinian statehood.
IDF: 550,000 out of one million civilians have fled Gaza City
At the initial stages of evacuations a couple of weeks ago, only around 70, 000 civilians fled. By early last week, the numbers had risen to around 250, 000.
IND Vs PAK, Asia Cup 2025: Indian Players Once Again Refuse To Shake Hands With Pakistani Counterparts After Humiliating Them With 6-Wicket Win; Watch
In a high-stakes Super 4 clash of the Asia Cup 2025 held in Dubai, India chased down Pakistan’s target of 172 with clinical precision, securing a crucial victory. While the on-field performance highlighted India’s batting and bowling discipline, attention quickly shifted off the field as Indian players once again refrained from shaking hands with their Pakistani counterparts after the match.
Charlie Kirk’s death ignites free speech fire storm among Trump supporters
Attorney General Pam Bondi promised to prosecute purveyors of hate speech, and Federal Communications Commission Chair Brendan Carr threatened repercussions against broadcasters after a television host made remarks he did not like.
Patanjali products are now cheaper in India: Check new prices
Baba Ramdev’s Patanjali Foods Limited has announced a major price cut across its entire product range.
Bangladesh Cricket Board elections on October 6, Tamim raises concerns
The Bangladesh Cricket Board (BCB) elections are set to take place on October 6, the country’s election commission announced today.
What to expect from Edrogan’s visit to the US
Erdogans main agenda in the US this week includes a return to arms deals and increased pressure on the Israeli-Gaza war.
What to expect from Edrogan’s visit to the US
Erdogans main agenda in the US this week includes a return to arms deals and increased pressure on the Israeli-Gaza war.