"Shanxi Cracks Down on Virtual Currency: Efforts to Combat Digital Fraud"


What is the extent of Shanxi's efforts to crack down on virtual currency?

2023-05-29 05:46

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Shanxi is cracking down on virtual currencies, which refers to the efforts made by the Shanxi government to reduce or eliminate the use and trading of digital assets that are not backed by a central authority or government. This includes measures such as banning virtual currency trading platforms, investigating businesses and individuals engaged in virtual currency trading, and imposing fines or penalties for violating regulations related to virtual currencies. The aim of this crackdown is to promote financial stability and prevent illegal activities, such as money laundering and fraud, that can become associated with virtual currencies.

Release time 2023 05 29

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