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China to Continue War Against Crypto Market

Source: ihodl.com ihodl.com
News Snapshot:

China plans to continue heavy regulatory pressure on the cryptocurrency market after escalating crackdown on the sector earlier this year, Bloomberg reports . The country's central bank, the People's Bank of China, will put more monitoring pressure on financial platform companies to make sure they are complying with requirements. However, it remains unclear if China plans to somehow expand its crackdown against cryptocurrencies. Subscribe to our Telegram channel to stay up to date on the latest crypto and blockchain news. China tightened regulation of the cryptocurrency market after Chinese Vice Premier, Liu He, said that authorities should impose more regulation…

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