comparemela.com

Latest Breaking News On - Worldspectrum pexels - Page 1 : comparemela.com

Panama, Ukraine To Emulate El Salvador Bitcoin Adoption With New Crypto Laws

Panama, Ukraine To Emulate El Salvador Bitcoin Adoption With New Crypto Laws
lowyat.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lowyat.net Daily Mail and Mail on Sunday newspapers.

China Bans Financial And Payment Firms From Offering Cryptocurrency Services

113Shares China has banned banks and payment firms from offering cryptocurrency-related services even though the country continues to be a global hub for bitcoin mining. ADVERTISEMENT According to Reuters, three Chinese industry bodies issued a joint statement explaining that banks and online payment platforms cannot offer clients any service involving cryptocurrency, including registration, trading, clearing and settlement. “Recently, crypto currency prices have skyrocketed and plummeted, and speculative trading of cryptocurrency has rebounded, seriously infringing on the safety of people’s property and disrupting the normal economic and financial order,” the industry bodies said. The industry bodies are the National Internet Finance Association of China, the China Banking Association, and the Payment and Clearing Association of China.

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.