The China News Agency (Xinhua) has returned today on the new Chinese policy on cryptocurrencies that led to the closure of the country's main trade.
The agency also announced the strengthening of existing regulations. Regulators are able to develop a severe regulatory framework for trading platforms with specific requirements such as licensing, cap on amounts that a client can trade, and more stringent KYC and AML procedures .
Source: news.xinhuanet.com
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