PANews reported on September 29th, citing Caixin, that Southwark Crown Court, located not far from the iconic Tower Bridge in London, has once again become a global hotspot. At 10:30 a.m. local time on September 29th, Qian Zhimin, the principal suspect in the UK's largest Bitcoin money laundering case and the massive illegal fundraising operation in Tianjin, China, will appear in court there. The trial is expected to last 12 weeks and conclude before Christmas. During this time, Chinese police officers will testify in person in London, and several Chinese victims will testify remotely via video link from the Tianjin court. These arrangements are made possible within the framework of judicial cooperation between China and the UK.


BitGo’s move creates further competition in a burgeoning European crypto market that is expected to generate $26 billion revenue this year, according to one estimate. BitGo, a digital asset infrastructure company with more than $100 billion in assets under custody, has received an extension of its license from Germany’s Federal Financial Supervisory Authority (BaFin), enabling it to offer crypto services to European investors. The company said its local subsidiary, BitGo Europe, can now provide custody, staking, transfer, and trading services. Institutional clients will also have access to an over-the-counter (OTC) trading desk and multiple liquidity venues.The extension builds on BitGo’s previous Markets-in-Crypto-Assets (MiCA) license, also issued by BaFIN, and adds trading to the existing custody, transfer and staking services. BitGo acquired its initial MiCA license in May 2025, which allowed it to offer certain services to traditional institutions and crypto native companies in the European Union.Read more
