China Tightens Grip on Cryptocurrency Trading, Targets Use of Tether in Foreign Exchange

Source: AdobeStock / Wit Chinese authorities have issued a stern directive for an enhanced crackdown on the use of cryptocurrencies, emphasizing their role in illegal foreign exchange trading as part of ongoing efforts to mitigate financial risks. In a joint statement released on Wednesday, the Supreme People’s Procuratorate (SPP) and the State Administration of Foreign […] The post China Tightens Grip on Cryptocurrency Trading, Targets Use of Tether in Foreign Exchange appeared first on Cry...