Regulations

Chinese government trying to close all avenues of crypto trading

The Chinese Government continues to try and contain all trading of tokens on crypto platforms from within China. We are hearing from our contacts in China that the Government is now clamping down on banks and individuals who are using offshore platforms to conduct trading activity. The Government has warned the banks, businesses and individuals that it will freeze all assets who try to get around the recently issued regulations restricting trading of digital currency. We are very interested to find out which platforms have been targeted by the government and will continue to bring you the latest news on the issue.

 

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