- Some crypto holders in China and Hong Kong are scrambling to find a way to safeguard their cryptocurrencies, according to an attorney who works with overseas clients to protect their crypto wealth. - This comes after the People's Bank of China said in a Q&A posted to its website that all cryptocurrency-related transactions in China are illegal, including services provided by off-shore exchanges. Some crypto holders in China and Hong Kong are scrambling to find a way to safeguard their bitcoin and other cryptocurrencies after China's central bank published a new document on Friday spelling out tougher measures in...