China Steps Up Crypto Crackdown, Blocks Domestic And Overseas Issuers
China has signaled a renewed and extra forceful push to tighten its grip on the cryptocurrency sector, reaffirming its lengthy‑standing ban on digital currencies whereas introducing stricter oversight of offshore token issuance tied to Chinese property. According to a Reuters report, Chinese authorities mentioned they may intently scrutinize the offshore issuance of tokens backed by…