Chinese Government Increases Crackdown on Cryptocurrencies

Posted on 09/24/2021


The Chinese government is increasing its crackdown on digital currencies (cryptocurrencies). Ten Chinese agencies, including the People’s Bank of China, have vowed to work together to root out “illegal” cryptocurrency activity. The big news now is that China announced that all activities related to cryptocurrencies are illegal. Taking aim at Binance and MXC, these agencies […]

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