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Breaking: China looking to Formulate Laws to Convict "Crypto Behaviour"

source-logo  coingape.com 11 October 2021 14:09, UTC

China’s crackdown on cryptocurrencies doesn’t seem to see an end as the Central Bank deemed all crypto transactions illegal at the start of the year. The set of crypto crackdown guidelines issued just recently were said to be the most comprehensive one as it cracked down on every aspect of crypto be it crypto mining or trading. However, the government has no plans to stop as recent insider news suggest that the Chinese judiciary is now looking to formulate laws to convict and sentence crypto-related activities.

coingape.com