Financial Authorities Warns Beijing Citizens over Crypto

Financial Authorities Warns Beijing Citizens over Crypto

The Beijing citizens were warned about the risks associated with cryptocurrencies and blockchain activities. Crypto is believed to be an easy tool for criminals. The Head of the Internet Finance Professional Forum, Chen Yunfeng expressed that the authorities believe that the industry would be hit with scammers and shysters. Until the perception on cryptos changes, the regulations would be tightening.

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