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

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
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