China makes all crypto-based activities illegal


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China makes all crypto-based activities illegal Gaming By Stephan Roben On Sep 24, 2021 0 Share (adsbygoogle = window.adsbygoogle || []).push({}); China’s central bank has announced that all cryptocurrency is now illegal, claiming trading currencies like Bitcoin and Ether “seriously endangers the safety of people’s assets.” The ban extends to all crypto-related activities, including buying/selling, providing pricing services, and launching new tokens. According to a short statement published on The People’s Bank of China’s website, it will be illegal for Chinese residents to purchase cryptocurrencies overseas or be involved in crypto marketing or technical support. (adsbygoogle = window.adsbygoogle || []).push({});...