Financial institutions, crypto miners and now, software companies — where will regulators in China move to strike next?
Financial regulators in China have shut down a Beijing-based software company they suspect of providing services to crypto traders.In a Tuesday joint statement, the Beijing Financial Supervision and Administration Bureau and the Business Administration Department of the People’s Bank of China issued a warning to all financial institutions and payment service providers to not provide any crypto-related services to customers. This includes not permitting businesses to advertise or provide office space for any “virtual currency-related business activities.”As part of a regulatory crackdown, the two groups announced they had ordered the shutdown of Beijing Tongdao Cultural Development, a company that allegedly provided software services for crypto transactions. Regulators reported they had also suspended

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Źródło: https://cointelegraph.com/news/from-mining-to-software-china-s-regulatory-crackdown-on-crypto-continues