– Changjiang Currency Exchange, a money transmitter business based in Australia, has been involved in a $145 million money laundering scandal.
– The investigation began after irregular traffic was noticed at Changjiang kiosks across Australia during COVID-19 lockdowns.
– Bitget, a crypto derivatives exchange, has become the fourth-largest by volume in the industry.
– Bitget claims that its market share has risen to 9.43% and achieved a net trading profit of $6.7 million in Q3.
– China has partially lifted bans on NFTs, allowing related keywords in search tools and relisting Topnod NFT collectibles on Alibaba’s Ant Blockchain.
– Residents in certain provinces in China can now submit and validate health insurance claims using blockchain technology.
– The City of Huaian’s Jianpu People’s Court is using AI recognition, big data, and blockchain technology to improve law enforcement surveillance.