China Explores Criminal Sentencing for Cryptocurrency Trading and Mining Offences-


Source: tmtpost.com tmtpost.com

Key Topics in this News Article:

News Snapshot:

BEIJING, October 11 (TMTPOST) - China’s criminal justice system is currently researching criminal sentencing guidelines for cryptocurrency trading and mining, Sina Finance reported. The authorities are exploring the legal mechanism for sentencing such new violations and will later publish relevant judicial interpretations. Chinese regulator is no doubt strengthening its crackdown on cryptocurrency after defining it as illegal. China’s central bank People’s Bank of China and ten government departments, including the Cyberspace Administration of China and the justice system, released the Notice on Preventing and Dealing with Risks from Cryptocurrency Trading on September 24. The notice once again stresses that cryptocurrency...