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Category Archives: News

PBoC: Blocking Cryptocurrency-related Payment Service

Jan 19, 2018

Red Li

19 January 2018 Beijing-A document released by the Department of Payment and Settlement of PBoC was quietly posted around in the community. The document asks all units should strengthen monitoring of daily trading, shut down payment channel for accounts related to cryptocurrency and sett...

China is Escalating Clampdown on Crypto OTC Activities

Jan 17, 2018


The prospect of regulatory crackdown on digital tokens in China appeared to spread only four months later after the ICO ban. On 16th of January , a number of digital assets trading platforms told 21st Century Business Herald that, Chinese regulatory authorities recently show a ...