🇨🇳 CHINA IS TIGHTENING ITS CRYPTO CORRUPTION CRACKDOWN.
A Central Committee decision adopted on October 29 and released today officially vows to combat graft involving virtual currencies, blockchain and cross-border funds.
Crypto trading has been banned in China since 2021.
And per Chinese state media, former central bank digital currency institute head Yao Qian took 2,000 ETH in bribes, worth over 60 MILLION yuan at its peak.
You really can’t make this stuff up.
A Central Committee decision adopted on October 29 and released today officially vows to combat graft involving virtual currencies, blockchain and cross-border funds.
Crypto trading has been banned in China since 2021.
And per Chinese state media, former central bank digital currency institute head Yao Qian took 2,000 ETH in bribes, worth over 60 MILLION yuan at its peak.
You really can’t make this stuff up.
