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Chinese Authorities Intensify Crackdown on Cryptocurrencies

December 10, 2021
Source: fxempire.com fxempire.com
News Snapshot:
The Chinese authorities have cracked down on cryptocurrency-related activities in recent years. The crackdown intensified this year, with cryptocurrency mining, trading and other crypto-related activities all banned. Regional CCP Chief in China Arrested Over Crypto Links The Chinese government has cracked down on cryptocurrency companies in recent months. The crackdown has been extended to other Chinese companies, government agencies and public servants. Over the past few months, authorities in the country have banned Bitcoin mining and trading, forcing mining farms in the region to relocate to other parts of the world. Yesterday, a high-flying regional Communist Party official was arrested...
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Tags: arrested | bank | Bank of China | Beijing | bitcoin | block | blockchain | chairman | China | Chinese | communism | communist | crackdown | crypto | cryptocurrency | currency | data | finance | financial | fintech | fund | government | IT | Jiangxi | Software

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