Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: cheezcarls on November 23, 2019, 01:40:43 PM
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Shenzhen is the blockchain hub of China, but its law enforcement will soon be cracking down on cryptocurrencies. The state has identified some 39 illegal cryptocurrency companies operating within the city.
China’s so-called ‘Silicon Valley’ may soon find itself amidst a serious cryptocurrency crackdown, reportedly against scams and Ponzi schemes. Shenzhen, the leading tech hub of China, is also the home of many cryptocurrency-related scams. Authorities have reportedly identified 39 illegal companies that have been responsible for defrauding everyday consumers.
Read the full news here (https://beincrypto.com/chinas-silicon-valley-identifies-39-cryptocurrency-companies-for-being-illegal/?utm_campaign=amba&utm_medium=social&utm_source=altcoinstalks&utm_content=jc)