China has accused the United States of stealing $13 billion worth of Bitcoin, according to a report by RBC. This accusation comes amid heightened tensions between the two nations over cryptocurrency regulations and enforcement.
In Russia, authorities plan to reinstate seasonal restrictions on cryptocurrency mining in the regions of Buryatia and Zabaykalye. This move is part of broader efforts to manage energy consumption during peak periods. Additionally, a mining farm in Yaroslavl has been implicated in stealing electricity valued at 8.2 million rubles.
The report also highlights a $6 billion Bitcoin fraud case in China and a notable increase in XRP prices, potentially driven by speculation around new ETF launches. Meanwhile, Belarusian President Lukashenko suggested cryptocurrencies could help reduce reliance on the U.S. dollar, and a 'death cross' pattern on Bitcoin's chart has sparked concerns about a potential bear market.
China Accuses U.S. of $13B Bitcoin Theft; Russia to Reinstate Mining Ban
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
