Chinese crypto exchanges have learned to bypass prohibitions

The local state channel Voice of China published data in which it accused the crypto exchanges and ICO-projects in the continuation of illegal work. And this is despite the previous ban on the part of the Chinese authorities.

The publication reports that in this way, cryptocurrencies companies are pursuing financial benefits due to the growing trend of bitcoin rising prices.

“Many Chinese crypto exchange markets create foreign websites and continue to provide digital currency exchange services to users of mainland China through foreign companies,” writes Voice of China.

The publication also accuses the OKEx stock exchange of using schemes with shell companies to mislead the Chinese authorities. Also, the platform is allegedly responsible for offering unlicensed securities. Source:

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