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Crypto Market Dives as China Continues Crackdown, Singles out Tether & Foreign Platforms

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The Chinese central bank, along with a group of ministries, financial regulators, and national-level courts, has issued a joint statement confirming a hard-line stance on crypto. And perhaps worryingly for stablecoin issuers will be the fact that the parties have mentioned tether (USDT) by name – and warned that overseas exchanges that target Chinese customers could face punishment.

Topic starter Posted : 25/09/2021 10:59 am