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Crypto Trading Under Pressure, China Crackdown Intensifies By CoinQuora

August 3, 2021
Source: upnewsinfo.com upnewsinfo.com
News Snapshot:
Crypto Trading Under Pressure, China Crackdown Intensifies China’s central bank is still going full throttle on regulating crypto trading in the nation. The PBoC published a detailed list of its plans on the matter for the rest of 2021. It will, however, push for the digital yuan rollout to promote green finance. The People’s Bank of China (PBoC) says it will continue cracking on with its regulatory pressure over the crypto trading industry. The country’s central bank believes crypto trading brings financial risk to the economy. The series of crackdowns that are currently prevailing in the nation seems to be...
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Tags: bank | Bank of China | bitcoin | blockchain | China | crackdown | crypto | currency | data | digital | E-CNY | Economy | finance | financial | fintech | forex | green | investment | IT | loss | media | Renminbi | stocks | website | Yuan

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