. PBOC issues notice to further prevent, dispose of risks from cryptocurrency speculation - Trade FX, CFD, Stocks, BTC, Indices, Gold & Oil - 1:1000 Leverage & Bonus - CSFX

PBOC issues notice to further prevent, dispose of risks from cryptocurrency speculation

PBOC issues notice to further prevent, dispose of risks from cryptocurrency speculation

24 Sep 2021

China strengthens regulation on cryptocurrencies again

  • To strengthen monitoring of risks from cryptocurrency trading
  • Reaffirms that cryptocurrency-related activities are illegal
  • Says overseas crypto exchanges must not provide services to mainland investors
  • To severely punish illegal financing activities related to cryptocurrencies

Bitcoin is taking a significant hit as it falls by over 2.5% to the lows for the day now amid the headlines from China over the past 15-20 minutes.

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