CCP Cracks Down on Virtual Currency to Prevent Money Fleeing the Country

(Maxim Hopman/Unsplash)
Share on facebook
Share
Share on twitter
Tweet
Share on whatsapp
WhatsApp
Commentary For many years, the CCP (Chinese Communist Party) has acquiesced to digital currency operations in China. But in 2018, it began to restrict Bitcoin transactions while still secretly encouraging Bitcoin mining. However, now that large amounts of funds are fleeing the country through virtual currencies, Chinese authorities seem determined to crack down on it. Cryptocurrencies represented by Bitcoin have attracted more and more attention
Subscribe or log in to read the rest of this content.

Subscribe for Newsletter

Sign up to receive important news avoided by other media.

Scroll to Top