China Signals Clampdown on Digital Currency Pyramid Schemes

China Signals Clampdown on Digital Currency Pyramid Schemes

The post China Signals Clampdown on Digital Currency Pyramid Schemes appeared first on CCN

China’s Ministry of Public Security and the State Administration for Industry and Commerce (SAIC) have decided to jointly work to curb the spread of online pyramid schemes, according to a ministry notice. The public security organs have detected a large number of national pyramid schemes, including some involving cryptocurrency. The notice comes amidst reports of

The post China Signals Clampdown on Digital Currency Pyramid Schemes appeared first on CCN

Lester Coleman