A new era for Crypto Briefing

The Peoples Bank of China PBOC has issued a statement detailing its efforts to stop and prevent crypto and initial coin offering activities in the country The bank outlines measures against the widespread of overseas exchanges servicing domestic users such as blocking trading platforms and closing down 3000 trading accounts

According to the regional Vietnam publication VNEconomy the countrys authorities and financial ministries will be regulating virtual currencies in the near future