China Seizes 15,000 Bitcoins in Criminal Investigations
* Reuters reports that China is holding 15,000 bitcoin seized through criminal investigations. However, officials are still debating how to handle these digital assets, as cryptocurrency trading remains prohibited in the country.
* Local governments in China are weighing policy adjustments to simplify the process of liquidating confiscated crypto assets.
Bitcoin's Value Remains Volatile
* The price of $BTC Bitcoin has been fluctuating between $2.09 and $2.18 in recent weeks. The cryptocurrency's value is influenced by global economic factors and recent regulatory changes.