China Threatens to Arrest Cryptocurrency Fundraisers China, once again, is making efforts to ban cryptocurrencies from its territory. This time, it was China’s Supreme People’s Court that decided to take its anti-crypto stance to an even higher level. This Thursday (24), the court announced the change in the interpretation of the country’s Criminal Law to make it illegal to raise public funds through “virtual currency”. According to the official court document, the new law will take effect from March 1. China made one more step against cryptocurrencies again If the value of cryptocurrency fundraising exceeds 100,000 yuan (US$16,000), the public...