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Virtual currency pyramid scheme busted in east China
Police in China have busted a virtual currency-themed online pyramid scheme involving some 110,000 people and 1 billion yuan (about 156.4 million U.S. dollars).
November23,2021
【Financial Str. Release】China urges banks, payment platforms to impede virtual-currency speculation
China's central bank has held regulatory talks with some banks and non-bank payment platforms, urging them to stop providing services for virtual-currency speculation.
June22,2021
【Financial Str. Release】China doubles down efforts on virtual currency regulation
China has enhanced supervision over virtual currencies to further fend off financial risks and forestall speculation in virtual currency businesses.
May25,2021
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