China’s Central Bank Says All Cryptocurrency-related Activities Are Illegal, Vows Harsh Crackdown
September 24, 2021 ⚊ 1 Min read ⚊ Views 234 ⚊ TECHChina’s central bank renewed its tough talk on bitcoin Friday, calling all digital currency activities illegal and vowing to crack down on the market.
In a Q&A posted to its website, the People’s Bank of China said services offering trading, order matching, token issuance and derivatives for virtual currencies are strictly prohibited.
Tags: China central bank