China’s central bank has intensified its crackdown on cryptocurrency activities. Photo: Reuters China’s central bank has intensified its crackdown on cryptocurrency activities. Photo: Reuters
China’s central bank has intensified its crackdown on cryptocurrency activities. Photo: Reuters
Bitcoin

China’s central bank intensifies cryptocurrency crackdown as it targets offshore exchanges with ties to mainland

  • The PBOC warned on Friday that anyone involved in providing support to an offshore exchange could come under investigation
  • Any foreign digital currency exchange that provides services to Chinese citizens through the internet is engaging in illegal financial activities, it said

Topic |   Bitcoin
China’s central bank has intensified its crackdown on cryptocurrency activities. Photo: Reuters China’s central bank has intensified its crackdown on cryptocurrency activities. Photo: Reuters
China’s central bank has intensified its crackdown on cryptocurrency activities. Photo: Reuters
READ FULL ARTICLE