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Cryptocurrency holders in China and Hong Kong "Working on" protecting their holdings after the People's Bank of China announced it would make the market. cryptocurrency is tightening
On September 26, 2021, CNBC news agency reported that cryptocurrency holders or digital currency in China and Hong Kong "Running away" to protect the digital currencies they hold, such as "bitcoin" and other digital assets behind banks. The Central People's Republic of China (PBOC) has stated that it will strictly regulate the crypto market.
in the past several months Chinese authorities have accelerated control However, as recently as September 24, Chinese authorities stated that transactions involving cryptocurrencies Cryptocurrency Including platforms that provide such services will be illegal in the country. In addition, such activities will be more rigorously scrutinized.
Earlier, China's central bank called to talk to the bank. This includes financial transaction platforms such as the "National Bank of China" (CCB) and the "Alipay" (Alipay) platform to encourage closer regulation of cryptocurrency trading activities.
at the same time China's central bank has warned financial institutions and payment platforms to start monitoring user accounts. related to cryptocurrency trading and suspends that channel, while stating that buying and selling with such assets risks illegal activities such as money laundering, as well as risks to the financial condition of those who buy and sell. cryptocurrencies on their own
Chinese authorities say that countries It is imperative to closely control bitcoin mining and trading activities in order for authorities to able to protect the country's financial system Stop illegal activities and bring perpetrators to justice. as well as enabling national authorities to operate in stocks, liabilities and foreign exchange markets smoothly.