Under the newly revised law by the Chinese Supreme Court, those individuals found raising funds from the masses in the form of virtual assets would be punishable. Chinese courts will now issue jail sentences if individuals engage in fundraising activities via crypto from the public. New Guideline: Crypto Fundraising, A Punishable Offence After an intense crackdown on trading and mining, China is taking its anti- crypto stance to another level. For the first time, the Chinese Supreme People’s Court has announced amending the interpretation of the nation’s Criminal Law to make public fundraising through “virtual currency” illegal. According to the…