Tag: News

China Wants $5.1B in Bitcoin, Now HSBC Is Launching RedCoin in Hong Kong

China is seeking to confiscate 61,896 Bitcoin worth $5.1 billion, while HSBC has begun rolling out its Hong Kong dollar-backed RedCoin stablecoin. Chinese prosecutors have applied to confiscate Bitcoin seized by UK authorities in connection with a massive investment fraud. A day later, on October 23, HSBC began making...
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