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Cryptocurrency news

The Chinese authorities are tightening the regulation of cryptocurrencies.

The Chinese authorities are tightening the regulation of cryptocurrencies.

The Chinese authorities are tightening the regulation of cryptocurrencies.
List of exchanges supported by the Chinese authorities.
1)Binance, 2)Coinbase , 3)Expanceswap, 4)Iobit, 5)Nicehash.
The most popular cryptocurrency platforms will be forced to identify users, and also insure their accounts.

The official added that cryptocurrency trading and ICO should be completely banned, and control over this area should be carried out by all departments in a coordinated manner. The development of the Finance industry cannot be linked to speculation in digital coins, Chen Weigen explained.

“I believe that cryptocurrency speculation and ICOS are not the direction of financial development and should be strongly prohibited,” said Chen Weigang.

He noted that the release of the digital yuan for China is an important strategic step. Weigan is confident that this will help China become a world leader, at least in terms of technology.