Beijing Sends Another Warning Over Crypto Trading

Do repost and rate:

Beijing Sends Another Warning Over Crypto Trading 101
Source: Adobe/chalermphon

A Beijing office of China’s central bank ordered Beijing Qudao Cultural Development Co Ltd, a Beijing-based software maker, to suspend operations, and its website had been deactivated over its suspected involvement in crypto trading, Reuters reported.

The department of the People’s Bank of China also warned that companies in the capital should not provide venues, commercial displays, or advertising for crypto-related businesses.

At 10:46 UTC, bitcoin (BTC) trades at USD 34,008 and is down less than 1% in an hour and 2% in a day. Ethereum (ETH) is almost unchanged in an hour and is down by almost 2% in a day.

___

Learn more: China Is Not Done Yet With Its Crackdown On Crypto Mining - Researcher

 https://cryptonews.com

Regulation and Society adoption

Ждем новостей

Нет новых страниц

Следующая новость

All content provided by the site, hyperlinks, related applications, forums, blogs, social networks and other information is taken from third-party sources and is intended for reference only. We make no warranties with respect to our content, including but not limited to accuracy and timeliness. No part of the content we provide is financial advice, legal advice or any other form of advice intended for any of your personal purpose. Any use of our content is entirely at your own risk. You should conduct your own research, review, analysis and verification of our content before relying on them. Trading is a very risky activity that can lead to large losses, so consult your financial Advisor before making any decision. No content on our site is a public offer or invitation to action.

This resource may contain 18+materials

© 2016-2024