
China plans to sell 15,000 seized Bitcoins to address local government financing. The sale process faces legal uncertainties and regulatory challenges. Continue Reading: China Plans Major Bitcoin Sale to Meet Local Governments’ Funding Needs The post China Plans Major Bitcoin Sale to Meet Local Governments’ Funding Needs appeared first on COINTURK NEWS .
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Source: CoinTurk News
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Binance India Goes Full Compliance Mode With Re-Verification Mandate

Binance just ignited a compliance revolution in India’s crypto market, enforcing full KYC re-verification to tighten security, align with AML laws, and redefine user accountability. Binance Triggers Full KYC Lockdown in India Crypto exchange Binance announced a policy update on April 18 mandating know your customer (KYC) re-verification for all users in India, regardless of CoinTurk News

China’s Bitcoin Sales Could Spark a Major Price Drop
Chinese authorities reportedly hold around 194,000 Bitcoin from legal cases. Local governments may be selling this Bitcoin through intermediaries. Continue Reading: China’s Bitcoin Sales Could Spark a Major Price Drop The post China’s Bitcoin Sales Could Spark a Major Price Drop appeared first on COINTURK NEWS . CoinTurk News