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China- and Hong Kong-based bitcoin holders scrambling to protect their crypto assets

Source: fntalk.com fntalk.com
News Snapshot:

– 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…

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