china
* Chinese lawmakers are considering revising anti-money laundering law to monitor money laundering risks through emerging financial technologies. * The revisions aim to improve detection methods amid the rapid development of new technologies. * The proposed provisions call for collaboration between the central bank and financial regulators to manage money laundering threats from
china
* China's Supreme Court and public prosecutor have revised their interpretation of Anti-Money Laundering laws. * "Virtual asset" transactions are now recognized as a money laundering method. * Penalties for lawbreakers include fines and jail terms. * 2,971 people were prosecuted for money laundering in China last year. * Speculation
bitcoin
* Michael Saylor predicts Bitcoin will reach $10 million per coin. * Saylor believes Bitcoin offers economic immortality and corporate longevity. * He claims pre-Bitcoin economics is pseudoscience. * Saylor suggests companies investing in Bitcoin will outlast others. * He predicts China will embrace Bitcoin in the future. * Saylor asserts a single Bitcoin will be