
The crackdown on cryptocurrencies appears to be gaining steam in China. Local reports state that the Shenzhen branch of the People’s Bank of China (PBOC) has cleansed 11 companies for their illegal cryptocurrency activities. Major Crackdown by Chinese Authorities Chinese news outlet South China Morning Post reported this development on Wednesday, August 18. According to the
Source and More information: China’s Central Bank Launches Major Crypto Crackdown in Shenzhen
Author: BTCManager.com
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