China shuts down 11 companies suspected of illegal crypto trading

Chinese Court Invalidates Crypto Lending in Second Ruling

China’s crypto crackdown continues as the Shenzhen branch shuts down 11 out of the 46 companies suspected of illegal cryptocurrency trading. Companies that continue to trade or mine cryptocurrencies risk facing significant fines and prison time. Despite this, a handful of businesses continue to trade in cryptocurrencies , with reports claiming that 46 businesses are […]