Chinese investor makes 655 million bet on D-FW s home market
Last month, police the Shaanxi province arrested the founders of a fake blockchain platform called dbtc. Last month, the office of the Economic Investigation Department within the Xian Public Security Bureau arrested nine individuals on suspicion that they are running a pyramid scheme involving cryptocurrency.
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Bitcoin Association of Hong Kong, although these locations are only 20 kilometers apart from one another. According to official reports, nearly 30 billion passed through underground banks. Such companies as Wanxiang Blockchain Labs, Ant Financial, Webank, Universal Holdings, Ping An Insurance and Micro Focus Bank are among the participants. The Shenzhen Bitcoin Meetup will run from 3 PM until 6 PM local time.
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Chinas Ministry of Public Security has posted a note on its website, We will conduct all-round and efficient inspections and dispositions and make great efforts to purify the cyberspace so as to comprehensively promote the establishment of MLM-free network platform and MLM-free communities. The campaign reportedly paid off as the company was able to raise some.2 million through the sale of its token. The Chinese government seems very keen about the distributed ledgers.
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The Ministrys Software Services Division Director Xie Shaofeng is"d in an official press release as saying that the world is in the process of a new technological revolution and the blockchain technology and its application has universal significance in promoting economic and social development. It is no secret the Chinese government is not too keen on Bitcoin by any means, and the Peoples Bank of China has issued several warnings regarding the usage of Bitcoin. China has been trying to curtail illegal activity in the cryptocurrency and blockchain spaces, and has launched a public information campaign to warn consumers.