China has already banned crypto mining and trading in 2021, and this has affected the market significantly. And now, when there is a lot of market uncertainties due to the Russia-Ukraine situation, China makes crypto fundraising illegal. The supreme court in the country has also declared jail times and fines for the activities. This new law passed by China is an amendment to previous legislation on crypto transactions and will be in effect from 1st March. China makes crypto fundraising illegal The supreme court has made amendments to Section no 8 of Article 2 and has added: “illegal fundraising by...