The Digital Source For China's Tech Innovation Since 2000

China Tech Buzz

Global News Impacting Chinese Tech

Here’s Why Elon Musk Thinks China Is Cracking Down on Crypto

Source: fool.com fool.com
News Snapshot:

The Motley Fool 1 hr ago Christy Bieber © Provided by The Motley Fool Here's Why Elon Musk Thinks China Is Cracking Down on Crypto © Getty Images Man looking at charts on a computer screen while holding gold Bitcoin. The Chinese government has been historically unfriendly to cryptocurrencies, and it recently made its harshest anti-crypto move yet to crack down on virtual coins. China had banned cryptocurrency trading services within the country in May, but international exchanges continued to operate, prompting authorities to tighten restrictions further. In late September, 11 Chinese government entities announced the new crackdown, including the…

Other China Tech Buzz: