Jonathan Fairfield Posted September 15, 2017 Share Posted September 15, 2017 China's internet finance body urges members not to deal in cryptocurrencies SINGAPORE (Reuters) - China's internet finance association on Wednesday urged its members not to take part in any centralised virtual currency trading or provide services involving cryptocurrency trading due to the financial and social risks. China has been cracking down on fundraising through launches of token-based digital currencies, targeting initial coin offerings in a market that has ballooned this year. "We urge all our members to exercise self-regulation and strictly abide by laws by not participating in any centralised trading or provide services for this type of trading," the National Internet Finance Association of China said in a notice on its website www.nifa.org.cn Full story: http://tech.thaivisa.com/chinas-internet-finance-body-urges-members-not-deal-cryptocurrencies/24286/ Link to comment Share on other sites More sharing options...
.png.3b3332cc2256ad0edbc2fe9404feeef0.png)
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now