Chinese Media Calls for “Zero Tolerance” on Crimes Involving Cryptocurrencies

Xinhua News Agency reporter Pan Ye has published an editorial piece calling for regulators to take a “zero tolerance” approach to crimes involving or facilitated by cryptocurrencies. Despite the article’s firm tone, a list of regulatory recommendations is made in the piece, including “licensing” and other provisions indicative of a permissive regulatory apparatus. Also Read: Virtual…

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