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China Securities Journal (opinion piece) calls for tighter regulation of cryptocurrency trading

China Securities Journal (opinion piece) calls for tighter regulation of cryptocurrency trading

17 May 2021

A commentary piece in China’s official securities media 

  • in addition to frequent price spikes and drops, criminal activities surrounding cryptocurrencies have been coming to light, prompting further scrutiny of their regulation.
  • “In fact, there is a broader consensus to strengthen the regulation of cryptocurrency trading. The recent ‘blocking’ of bitcoin trading by a certain large commercial bank may signal new tighter regulation” 

h/t @ruchern_chong via Twitter 

Update on BTC following a news-heavy past few hours for it

A commentary piece in China's official securities media