Latest News for: guo zhihao

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Bitcoin Faces Pressure As Report Flags Chinese Sell-Off Plans

NewsBTC 17 Apr 2025
Guo Zhihao, a lawyer based in Shenzhen, believes China’s central bank should consider a similar strategy for seized Bitcoin and crypto assets, suggesting that “China’s central bank is better ...
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Local Chinese Governments Mulling How To Dispose of Growing Stockpile of Seized Crypto Assets: Report

The Daily Hodl 16 Apr 2025
Guo Zhihao, a senior partner at Beijing Yingke Law Firm who attended a seminar to discuss this topic in January, told Reuters that authorities selling the digital assets directly conflicts with the nation’s ban on trading crypto assets.
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China weighs options for managing seized criminal crypto cache

Cryptopolitan 16 Apr 2025
China is currently deliberating on managing and dealing with the billions of dollars in cryptocurrency confiscated due to illicit activities ... Lawyers like Guo Zhihao argue that China’s central bank should oversee all confiscated digital assets.
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Chinese Local Governments Consider Selling Seized Crypto Amid Trading Ban

99 Bitcoins 16 Apr 2025
EXPLORE ... CNBC. CHINA WANTS BITCOIN. This flips the entire game ... Shenzhen-based lawyer Guo Zhihao suggested that the People’s Bank of China take over responsibility for seized crypto and consider selling it abroad or converting it into a national reserve.
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China debates how to handle criminal crypto cache

Hindustan Times 16 Apr 2025
Guo Zhihao, a Shenzhen-based lawyer who also attended the seminar, said China's ban on crypto trading conflicts with local authorities' need to liquidate seized digital currencies. Guo, a senior ...
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