The moves were outlined in a report Sunday by Financial News, a publication under the People's Bank of China, which said the aim was to snuff out the "dying cinders" of cryptocurrency trading and initial coin offerings "which are glowing once more".
Faced with Chinese citizens who continue to trade cryptocurrency on platforms operated beyond the country's reach, or take part in initial coin offerings, authorities will "ratchet up oversight in a sustained manner", the report said.
No comments:
Post a Comment