WebMay 24, 2024 · Out-Law News 24 May 2024 7:51 am . China has banned financial institutions and payment companies from offering services related to cryptocurrency trading and warned investors not to get involved in cryptocurrency trading. Under the ban, institutions including banks and online payment companies must not provide customers … WebMay 18, 2024 · China has banned financial institutions and payment companies from providing services related to cryptocurrency transactions, and warned investors against …

China bans financial, payments firms from cryptocurrency business

WebMay 18, 2024 · China has banned financial institutions and payment companies from providing services related to cryptocurrency transactions, and warned investors against speculative crypto trading WebMay 18, 2024 · Beijing: China has banned financial institutions and payments companies from providing services related to cryptocurrency transactions, and warned investors against speculative crypto trading. It was China's latest attempt to clamp down on what was a burgeoning digital trading market. poor corporate image

China bans financial, payment institutions from

WebMay 19, 2024 · Rounds of cryptocurrency boom-and-bust recently have raised cautions from China's regulatory authorities, who have banned financial and payment institutions … WebMay 18, 2024 · Under this ban, no banks or online payments channels are permitted to offer clients any services involving cryptocurrency. This represents a deviation from last month’s announcement by the People’s Bank of China (PBoC) that bitcoin (BTC) was an “investment alternative.”. On April 18, the Chinese central bank appeared to be changing … WebMay 19, 2024 · SHANGHAI, May 19 (Reuters) - Chinese regulators have tightened restrictions that ban financial institutions and payment companies from providing services related to cryptocurrencies,... share house 180°