News Snapshot:
The latest development in the Chinese crypto crackdown saw the Central Bank announce, “normalized supervision”, along with revealing the completion of the nationwide virtual currency transactions crackdown. China's central bank: the crackdown on virtual currency transactions has basically been completed and has been transferred to normalized supervision. [pic.twitter.com/HMzdhDOJ8r] — Wu Blockchain (@WuBlockchain) [September 3, 2021] In the recent China Financial Stability Report , the People’s Bank of China stated that their long-term and ever-expanding crypto crackdown finally comes to, what can be called an end. As the necessary regulatory amendments throughout the country in several digital spheres reach completion, the...
