The Digital Source For China's Tech Innovation Since 2000

Search
Close

Confusion reigns after China slams door on crypto Crypto News

October 1, 2021
Source: otcpm24.com otcpm24.com
News Snapshot:
Shenzhen, China – Moves by Chinese authorities to close regulatory loopholes around cryptocurrency trading and mining late last week essentially banned all such activities in China overnight. And many crypto holders are still scrambling to deal with the fallout. For many companies that made big bets on crypto over the past several years – particularly companies in the tech industry – options may be limited for cashing in their holdings. The directive from the People’s Bank of China declared all virtual currency-related business activities illegal, cutting the country off from overseas crypto exchanges. That could potentially lead to punishment for...
Go To Original Source →
Tags: Alibaba | bank | Bank of China | Beijing | bitcoin | blockchain | boycott | China | Chinese | coronavirus | crypto | currency | E-CNY | Economy | education | Exports | finance | fintech | Gadgets & Electronics | Guangdong | Inner Mongolia | Kazakhstan | Mongolia | New York | online shopping

Other Related News:

Huge PLA drills around Taiwan really a message to US and allies, say Chinese analysts

August 9, 2022

Apple Might Have To Delay Its New iPhone Thanks To Chinese Crackdown

August 9, 2022

Taiwan could change its crypto trade perspective with the change of the Ministry of Digital Affairs ? ethereum today news bitcoin and crypto altcoins blockchain

August 9, 2022

Apple asks suppliers in Taiwan to label products as made in China-report

August 9, 2022

Taiwan-based Apple supplier challenged by investor over $4 billion cash pile, Financial Times reports

August 9, 2022

Hong Kong Police Publish Details of USDT Fraud Case in Effort to Raise Public Awareness of Crypto Scams ? ethereum today news bitcoin and crypto altcoins blockchain

August 9, 2022

Apple Might Have To Delay Its New iPhone Thanks To Chinese Crackdown

August 9, 2022

Chinese companies may have to exit sub-Rs 10,000 mobile market Business Standard News

August 9, 2022

Apple yields to China’s pressure and labels Taiwan products as “Made in China”

August 9, 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....