The Digital Source For China's Tech Innovation Since 2000

Search
Close

China Shuts Down 11 Crypto Exchanges in Shenzhen

August 19, 2021
Source: orangevilleannouncement.club orangevilleannouncement.club
News Snapshot:
China’s central bank has cracked down on 11 crypto exchanges operating in Shenzhen. The Shenzhen branch of People’s Bank of China has closed down 11 unnamed entities running cryptocurrency exchanges and enabling cross-border stock trading services, Shanghai Securities News reported Tuesday. In the report, PBOC was quoted as saying it “cleaned up” the crypto exchanges, which are considered to be operating illegally in the country. The exchanges were allegedly violating foreign exchange rules and running a crypto service despite a nationwide ban. In a similar incident in July, China’s central bank ordered the closure of a Beijing-based software provider Beijing...
Go To Original Source →
Tags: bank | Bank of China | Beijing | Biotech | bitcoin | blockchain | boycott | China | Chinese | crypto | currency | E-CNY | Economy | education | finance | fintech | Guangdong | investment | media intelligence | News Media | retail | Shanghai | Shenzhen | Software | website

Other Related News:

Cramer on U.S. semiconductor production: We have mortgaged our defense to Taiwan, South Korea News

June 25, 2022

Chinese authority launches probe into Chinese academic database CNKI

June 25, 2022

The Digital Green Certificate Is an Instrument That Leads to the Chinese Style Education and to a Digital Tyranny

June 25, 2022

Weekly roundup: PH fintech startup Lista banks $5.1m and other SE Asia deals ChinaPulse.com China News, Data, Media Intelligence and Insights

June 25, 2022

Tesla Gigafactory Shanghai Shutdown To Happen — This Time, It’s for a Major Factory Upgrade

June 25, 2022

Policy incentives, digital techs a shot in the arm for China's retail sector

June 25, 2022

Tesla Shanghai to Halt Production Temporarily. It Isn’t Covid.

June 25, 2022

Microsoft Flight Simulator Harrier, Beijing, & San Antonio Airport Get Screenshots & Trailer, Phuket, Roanoke, & More Announced, DHC-1 Chipmunk Released

June 25, 2022

Tesla Is Demanding Refunds For Its Vehicles From Corporate Customers In China. But This Is Not Extortion

June 25, 2022
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
Menu
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2022 ChinaTechNews.com. A Service of Asia Media Network.
Twitter
Posting....