China Ready to Get Tough with Crypto Crackdown Enforcement the central People’s Bank of China (PBoC) and called on companies in the country to take punitive measures against crypto-trading customers. It also warned overseas platforms targeting Chinese customers that they could face penalties. Similar statements have been made in the past, but the crypto mining, hardware and exchanges industries appear to have been genuinely spooked by the joint declaration – to the point whereby a number of prominent crypto players promptly closed down their businesses. The exchange giant Huobi, reports claimed, evacuated its staff overseas a week before the statement was issued, apparently aware that the PBoC had something major in the pipelines. Read more » Pay, Trade, Buy Bitcoin with Credit Card