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Cryptocurrency Events Banned at Beijing Central District Hotels, Malls

Published 08/22/2018, 09:14 AM
Updated 08/22/2018, 10:21 AM
 Cryptocurrency Events Banned at Beijing Central District Hotels, Malls

The central district of Chaoyang in China’s capital Beijing has issued a notice telling hotels, shopping malls, and office buildings in the area to refrain from hosting cryptocurrency events, South China Morning Post confirmed.

The daily quoted a staffer with Chaoyang’s financial authority who said the notice was issued after a foreign digital currency exchange held an event in the area last week.

It noted that the move, coupled with WeChat's decision to shut down several blockchain-related accounts, underscored China’s renewed crackdown on activities related to the digital currency space.

The two moves also highlight Beijing’s seriousness in pursuing a tough stance on digital currency trading after issuing a tota...


This article appeared first on Cryptovest

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