The closure of Bishijie marks another grim signpost in Chinese regulators’ dismantling of cryptocurrency activities in the world’s second-largest economy. Photo: AP The closure of Bishijie marks another grim signpost in Chinese regulators’ dismantling of cryptocurrency activities in the world’s second-largest economy. Photo: AP
The closure of Bishijie marks another grim signpost in Chinese regulators’ dismantling of cryptocurrency activities in the world’s second-largest economy. Photo: AP

Chinese cryptocurrency community closes operation amid Beijing’s crackdown, as investors cry ‘fraud’

  • Bishijie is the latest casualty of Beijing’s crackdown on activities related to bitcoin and other cryptocurrencies
  • Ahead of its closure, Bishijie and founder Tan Chenhui were accused of promoting ‘fraudulent’ tokens by some investors

Topic |   Digital currencies
The closure of Bishijie marks another grim signpost in Chinese regulators’ dismantling of cryptocurrency activities in the world’s second-largest economy. Photo: AP The closure of Bishijie marks another grim signpost in Chinese regulators’ dismantling of cryptocurrency activities in the world’s second-largest economy. Photo: AP
The closure of Bishijie marks another grim signpost in Chinese regulators’ dismantling of cryptocurrency activities in the world’s second-largest economy. Photo: AP
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