China vai atrás de executivos de exchange cripto offshore
Crypto China vai atrás de executivos de exchange cripto offshore 14 minutos atrás Notícias do Bitcoin Ethereum China has kicked up a storm, turning its attention to major players in the offshore cryptocurrency exchange arena. A formidable force, Chinas legal system is cracking down hard, hauling in top executives of these exchanges. The primary bone of contention? Accusations of enabling vast transactions related to online gambling sites. Stablecoins: A veil of legitimacy for dubious deals Stablecoins, primarily Tether (USDT), have carved a niche as the cryptocurrency of choice for many industries due to the autonomy and flexibility they offer over traditional currencies. Their rising popularity in online gambling is particularly concerning. Chinas radar has been set off by the gargantuan sum – 7.6 billion USDT – that made its way to offshore exchanges in the past year alone. This infatuation with stablecoins by gambling platforms is understandable. Tether offers a discreet way to move money in areas where gambling is outlawed, a situation China knows all too well. Its a high-stakes game, where players use crypto, not chips. Bitraces deep dive into this realm has revealed the extensive grip of USDT in online betting ventures. The alarm bells ring louder as this adoption may land both residents and platforms accepting








