Bitcoin Crackdown: Regulatory Framework sought by Chinese Internet Finance Authority

Bitcoin Crackdown: Regulatory Framework sought by Chinese Internet Finance Authority

A senior executive at the Chinese internet finance association has made it known that there should be a regulatory framework for virtual currencies, this comes as the news of Beijing’s crackdown on bitcoin exchanges looms. Li Lihui, a senior official at China’s National Internet Finance Association (NIFA) and a former president of the Bank of China […]
Source: Bitcoin Crackdown: Regulatory Framework sought by Chinese Internet Finance Authority

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post culled from nigerianpilot.com