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China’s Social Credit System

China Flags Illicit Stablecoin Use as Digital Yuan Development Continues China's Social Credit System

China Flags Illicit Stablecoin Use as Digital Yuan Development Continues

TLDR Shenzhen authorities have issued a public notice warning against the misuse of stablecoins in illegal financial schemes. The notice identifies fraudulent activities linked to stablecoins such as Tether and USD Coin. Officials stated that bad actors are using digital asset terms to lure individuals into scams and fundraising fraud.…
bubmag
July 8, 2025
‘Next time bring my daughter’: Barbara Demick reunited a Chinese family with the stolen ‘missing twin’ adopted in the US China's Social Credit System

‘Next time bring my daughter’: Barbara Demick reunited a Chinese family with the stolen ‘missing twin’ adopted in the US

At the end of a long road trip through rural China in 2009, American journalist Barbara Demick had an encounter that would change the course of her life. In the previous days, she had interviewed several parents whose children had been forcibly removed from them by government officials. Demick suspected…
bubmag
July 7, 2025
China gave Pakistan ‘live inputs’ during war, claims Indian general China's Social Credit System

China gave Pakistan ‘live inputs’ during war, claims Indian general

Indian security force personnel stand guard on the banks of Dal Lake, following a suspected militant attack in Pahalgam, April 25, 2025. — Reuters  NEW DELHI: India's army deputy chief on Friday claimed that China provided Pakistan "live inputs" on Indian military positions during the deadly conflict in May, urging…
bubmag
July 4, 2025