Market Cap: $2.9697T 1.460%
Volume(24h): $106.8686B 18.790%
  • Market Cap: $2.9697T 1.460%
  • Volume(24h): $106.8686B 18.790%
  • Fear & Greed Index:
  • Market Cap: $2.9697T 1.460%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$93113.538616 USD

-0.11%

ethereum
ethereum

$1748.590950 USD

-2.15%

tether
tether

$1.000392 USD

0.02%

xrp
xrp

$2.177851 USD

-1.16%

bnb
bnb

$600.317897 USD

-0.84%

solana
solana

$151.339663 USD

1.47%

usd-coin
usd-coin

$0.999927 USD

0.01%

dogecoin
dogecoin

$0.179240 USD

2.45%

cardano
cardano

$0.707230 USD

2.73%

tron
tron

$0.243466 USD

-0.61%

sui
sui

$3.323843 USD

10.76%

chainlink
chainlink

$14.828095 USD

0.41%

avalanche
avalanche

$21.905207 USD

-0.82%

stellar
stellar

$0.275988 USD

4.91%

unus-sed-leo
unus-sed-leo

$9.206268 USD

0.44%

Cryptocurrency News Articles

Selling the Stash – China Explores Ways to Offload Its Growing Pile of Seized Crypto

Apr 16, 2025 at 12:17 pm

There has been a surge in criminal activities involving crypto in China, resulting in a growing stash of seized digital assets by the government.

Selling the Stash – China Explores Ways to Offload Its Growing Pile of Seized Crypto

There has been a surge in criminal activities involving crypto in China, leading to a growing stash of seized digital assets by the government. This has prompted local authorities to explore ways to dispose of the hoard, pushing both the financial sector and the courts to call for clearer crypto regulations.

According to a report by Reuters, lawyers believe that the complete lack of crypto laws—owing to the ban on digital asset trading in mainland China—has resulted in opaque and inconsistent handling of seized assets.

This lack of transparency has fueled corruption and made lawbreakers more comfortable, the lawyers added.

It has created a unique scenario in the current ecosystem, where market volatility remains high. A major sell-off by the Chinese government could drag Bitcoin’s price down, potentially triggering another bearish phase. On the other hand, this development may also signal the early stages of crypto regulation in a country where cryptocurrency trading remains officially banned.

Sell the Crypto to Fill Public Coffers – Chinese Local Governments

Needless to say, the ballooning amount of seized crypto has created an environment of unease within the Chinese government. Some local administrations believe that the government should leverage private companies to sell the tokens to replenish public coffers, which have slowed down the economy, reports Reuters.

However, this is nothing more than a “makeshift solution,” according to Chen Shi, a professor at the Zhongnan University of Economics and Law. “It does not fully align with China’s current ban on crypto trading,” he added.

The professor further added that better regulation is the need of the hour as the seized crypto continues to balloon.

These sentiments are echoed by Guo Zhihao, a senior partner at Beijing Yingke Law Firm, who believes that if China’s central bank can handle cryptocurrencies, it could either sell them overseas or build a crypto reserve in the same way as Donald Trump.

However, he admits that taking such measures would require a regulatory overhaul. While that has been under discussion, not much has been done about it to date.

The current scenario makes it clear that China is in a bind, creating interesting opportunities for those looking for the best crypto to buy now.

These opportunities emerge from the fact that the current tribulation opens doors for more regulation—and if China goes through with them, it could accelerate blockchain innovation.

Which is the Best Crypto to Buy Now?

Since conditions are being created for China to potentially get back on a regulatory path, the wheels of the market could start turning at any moment. This brings us to the question: which is the best crypto to buy now? While there are many options, truly innovative ones can often only be found in presales.

BTC Bull

When the market moves, Bitcoin is the first crypto to be affected. Therefore, it makes sense that the best crypto to buy now could be a meme coin that mirrors Bitcoin—not as a blatant copy, but one that relies on Bitcoin’s growth for its own momentum.

That’s what BTC Bull is—a meme coin project with mechanics tied to Bitcoin’s rising value, aiming to deliver long-term gains for investors.

The unique perks that BTC Bull offers include Bitcoin airdrops, which will unlock twice before Bitcoin reaches the $250K mark. By giving retail investors access to free Bitcoin, it creates more BTC holders, further bolstering overall growth.

The second perk involves token burns, which will limit the supply of BTC Bull—building demand pressure that could trigger parabolic price action for BTCBULL.

Although these two use cases give BTC Bull a speculative touch, they also keep it honest as a meme coin—offering low-cap investors a chance at high-potential profits.

YouTubers such as Yellow Trades have also commented on BTCBULL’s potential, stating that this could be the token to go “to the moon” after listing.

SUBBDSince the emergence of crypto regulations in China could lead to the arrival of more innovative projects, SUBB could be one of the tokens that gains traction on a global scale.

Already making rounds as an AI crypto powering a content creation platform of the same name, SUBB is a Web3 ecosystem where creators can be paid more while gaining access to tools that help them generate better content.

An AI influencer system is being embedded, and SUBB has already onboarded multiple “honeys”—content creators—and is slowly carving its own niche in an industry worth $85 billion.

Another reason to be excited about SUBB is its focus on unique ways for fans and creators to collaborate, further positioning SUBB as a standout cryptocurrency project.

Over $170K has been raised by the project so far. While that may not seem like much, it’s important to remember that SUBB is not a meme crypto, but an AI asset with long-term utility—giving it the potential to generate sustainable growth for investors.

Best Wallet TokenThe slightest possibility of crypto regulations in one of the biggest economies in the world would mean a surge of

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Apr 26, 2025