Today news
About the same in other media
Crypto Crime Still Rising in China Despite Crackdown, Warn Authorities
Reading now: 112
Reports from Chinese provincial law enforcement agencies appear to show that crypto crime is still on the up – despite a nationwide crackdown on crypto and mining exacted in September this year.
According to Xinmin, counterfeit currency-related crime is “declining significantly” in Shanghai, per officials speaking at a Songjiang Procuratorate press conference. However, the procuratorate claimed that criminal cases where perpetrators “make use of virtual currency as a criminal tool” are on the rise, incorporating new types of fraud and “causing larger losses to citizens.”
The procuratorate stated that all but one of the cases its currency fraud-related crimes unit had handled thus far this year had been linked to crypto in some form. It also
Read more on cryptonews.comAbout this in other media
Interest Rise among Investors towards US Startups as China sees Crypto Crackdown blockchain.news /2 years ago
Law Decoded: India ponders going full China on crypto, Nov. 22–29 cointelegraph.com /2 years ago
Clinton: Regulate crypto to stop manipulation by Russia and China cointelegraph.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
