Chinese lawmakers have gone a step further in trying to ensure that cryptocurrencies are stamped out once and for all in the country. Those found guilty of raising funds for crypto projects can now face more than ten years in prison. The Chinese population of nearly 1.5 billion is being strapped into a financial straitjacket that government authorities are looking to make totally and completely secure. Over the last several years there were announcements of bans on cryptocurrency in mainland China. This came to a head last year when first bitcoin mining was outlawed, followed by a complete ban on…