The Digital Source For China's Tech Innovation Since 2000

China Tech Buzz

Global News Impacting Chinese Tech

China now threatens jail for raising funds for crypto

February 26, 2022
Source: bitcoinethereumnews.com bitcoinethereumnews.com
News Snapshot:
Chinese lawmakers have gone a step further in trying to ensure that cryptocurrencies are stamped out once and for all in the country. Those found guilty of raising funds for crypto projects can now face more than ten years in prison. The Chinese population of nearly 1.5 billion is being strapped into a financial straitjacket that government authorities are looking to make totally and completely secure. Over the last several years there were announcements of bans on cryptocurrency in mainland China. This came to a head last year when first bitcoin mining was outlawed, followed by a complete ban on...
GO TO ORIGINAL SOURCE →
China Tech Buzz Topics: ban | bank | bitcoin | blockchain | Bloomberg | boycott | Canada | China | Chinese | court | credit | crypto | currency | E-CNY | education | finance | fintech | investment | New York | prison | Renminbi | travel | United Kingdom | university | Yuan

Other News:

Pentagon pushes ‘zero tolerance' audit on foreign university partnerships that 'compromise our national security'

August 20, 2026
fortune.com fortune.com

The Taliban’s Next Five Years

August 20, 2026
foreignpolicy.com foreignpolicy.com

Hong Kong’s First PIC/S GMP-Certified Stem Cell Production Facility Established at Science Park

August 20, 2026
manilatimes.net manilatimes.net

Geopolitical risk needs to move away from the ‘after-dinner speaker’: Eurasia Group's Dominic Barton

August 20, 2026
fortune.com fortune.com

Underwater data center proposed for Alaska’s Cook Inlet by East Coast company

August 20, 2026
adn.com adn.com

From Deep Web To A Police Raid: How A ‘Jailbroken’ AI Relay Station Suddenly Imploded In China After A User Hacked A Government Website And Bragged About It

August 20, 2026
wccftech.com wccftech.com

Pixel 11 Pro and 11 Pro XL Review: Still Growing Into Their AI Shoes

August 20, 2026
gizmodo.com gizmodo.com

Stripe to buy OpenRouter as fintech expands deeper into AI

August 20, 2026
cnbc.com cnbc.com

Treasuries and stocks rise, dollar weakens as US Treasury doubles buybacks of long-term bonds – Newsquawk US Market Wrap

August 20, 2026
zerohedge.com zerohedge.com

Latest China Tech News

Waymo Rolls Out Next-Gen Robotaxi in Major U.S. Cities

August 20, 2026

AI and Data Centers Surge in Guian as First-Half Electricity Demand Jumps 33 Percent

August 20, 2026

Fujian Builds Dual-Use Drone Hub Opposite Taiwan Under National "Air Silk Road" Plan

August 20, 2026

China's State Grid and Sovereign Wealth Funds Drive Multi-Billion-Yuan Quantum Tech Boom

August 19, 2026

Unitree IPO Oversubscribed 5,550 Times: China's Robotics Leader Hits $9.1 Billion Valuation

August 19, 2026

China's Overcapacity Challenge: The Productivity Gap and Global Implications

August 19, 2026
Jiangsu Space Development

Jiangsu Unveils Three-Year Commercial Space Strategy Aiming for 60 Billion Yuan Industry Value

August 19, 2026

Pentagon Directs 30 Universities to Audit Foreign Ties or Risk Funding

August 18, 2026

US Issues Ultimatum to Countries in AI Race: Choose Between Washington Coalition and China

August 18, 2026

China's Resolve in the AI Race: Investing in the Future

August 18, 2026
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2026 ChinaTechNews.com. A Service of Asia Media Network.