Chinese Regulators Shut Down A Domestic Software Firm Over Alleged Involvement in Illegal Crypto Trading
Two financial regulatory authorities in China have intensified measures to crackdown activities associated with cryptocurrency-related businesses. The Beijing Financial Supervision and Administration Bureau and the Business Administration Department of People’s Bank of China (PBoC) have ordered the shutdown of a Beijing software manufacturing company over its suspected involvement in crypto trading. The Business Administration Department … Continue reading Chinese Regulators Shut Down A Domestic Software Firm Over Alleged Involvement in Illegal Crypto Trading