News Snapshot:
Three associations outlined four issues related to crypto investment, beginning with a call for their members to understand the nature of digital currencies. News The China Internet Finance Association has signed a joint statement with the China Banking Association and China Payment and Clearing Association, warning the public about the risks of investing in cryptocurrencies. According to a report by Shanghai Securities News on Tuesday, the aforementioned trade association under the People’s Bank of China issued a communique titled “Preventing the risk of virtual currency transaction speculation.” The joint statement is reportedly an extension of previous releases from the PBoC...
