News Snapshot:
Chinese ignore government restrictions and are using crypto to send money to Japan As the Chinese government continues to fight cryptocurrencies, officials have discovered how the country’s citizens use the technology to bypass government restrictions and send money out of the country. As the Chinese government recently announced, many citizens are using cryptocurrencies to send money abroad, especially to neighboring Japan. This time, the discovery of significant international transactions from China to Japan was made by Japanese regulators. In the course of an investigation, it was discovered that the Chinese were remitting funds to Japan using cryptocurrencies. Then they converted...
