China central bank closes software firm for crypto trading
A Beijing-based software firm has been closed down by China’s central bank because of its suspected involvement with crypto trading. The software firm, Beijng Qudai Cultural Development, was ordered to suspend operations and deactivate its website, according to Finextra.
A statement from the People’s Bank of China added that companies in Beijing are prohibited from providing venues, commercial displays or advertising for cryptocurrency-related businesses.
The move comes amid a clampdown from Chinese authorities on tech firms as well as crypto companies. In recent days, the Cyberspace Administration of China has targeted US-listed tech companies for alleged violations of China’s national security and cyber security laws.
Dariusz Mazurkiewicz – CEO at BLIK Polish Payment Standard
Banking 4.0 – „how was the experience for you”
„To be honest I think that Sinaia, your conference, is much better then Davos.”
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