The Digital Source For China's Tech Innovation Since 2000

China Tech Buzz

Global News Impacting Chinese Tech

China to Punish Cryptocurrency Exchanges with 10 Years in Prison

March 2, 2022
Source: d1softballnews.com d1softballnews.com
News Snapshot:
Mexico City / The Supreme People’s Court of China has decided to consider cryptocurrency fundraising as a Criminal offense which could represent a penalty of up to 10 years in prisonwhich will vary depending on the amount collected. The move comes five months after the chinese central bank consider as illicit all activities related to electronic currenciesfrom transactions between companies and people, as well as advertising about them. According to the statement, the tightening of laws is due for promote transparencythe protection of citizens and the fight against money laundering, however, some media consider that this movement is more on...
GO TO ORIGINAL SOURCE →
China Tech Buzz Topics: advertising | bank | bitcoin | blockchain | capital | China | Chinese | court | criminal | crypto | cryptocurrency | currency | finance | financial | fintech | fraud | Gadgets & Electronics | government | illegal | IT | Mexico | prison | Renminbi | Sanctions | Yuan

Other News:

Chinese Long March-7A Rocket Explodes After Liftoff

August 11, 2026

Chinese National Admits Guilt in Attempt to Export US Military Equipment to China

August 11, 2026

Industrial War Footing As North Asian Giants Prep Semiconductor Sector?

August 11, 2026

An AI Hacked Into a Gym to Secure a Spot in a Class, but Can It Cancel a Membership?

August 11, 2026
gizmodo.com gizmodo.com

7 Best DJI Cameras For Photography And Vlogging

August 11, 2026
bgr.com bgr.com

Russia preparing to station more North Korean troops on its territory, Zelenskyy says

August 11, 2026
euronews.com euronews.com

TSMC reportedly has $1 billion of Apple chips awaiting delivery of DRAM – will this be what powers the iPhone 18 Pro?

August 11, 2026
techradar.com techradar.com

Robot vacuums may now be illegal, according to new FCC rule

August 11, 2026
syracuse.com syracuse.com

Meta's latest model advances Zuckerberg's vision for personal AI assistants

August 11, 2026
cnbc.com cnbc.com
  • 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.