China Cracks Down on Crypto Exchanges to Prevent Resurgence of Speculation

2019-11-17 17:34

Regulators in China have yet again taken to cracking down on cryptocurrency exchanges just weeks after President Xi Jinping publicly promoting the blockchain technology reviving the digital asset speculation.

On Nov. 15, a notice led by the Shanghai Internet Finance Rectification Agency and supported by the central bank’s Shanghai headquarters has called out the search […].

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Crypto Trading Enthusiasm Returns in China, Prompting More Scrutiny from Country’s Regulators

The Central Bank in China seems set for another round of crypto crackdowns after President Xi’s latest remarks revived speculation on blockchain technology. Financial regulators in each Shanghai District are required to search and conduct an inspection of all suspected crypto companies and exchanges by 22nd November. A notice issued by the Shanghai Internet Finance […]

2019-11-16 20:16