The other thing the report touched is the lack of definitive regulation
around cryptocurrency trading in the country.
Not exact matches
However, despite having a somewhat lenient stance on the crypto -
trade going
around in the nation, the
country has been very strict on anyone who has been evading their taxes or using
cryptocurrencies for illegal purposes.
While the Chinese government has implemented various bans
around cryptocurrency trading and use
in the
country this year, it appears to be more open to development
in Blockchain technology as a whole.
The government's ban on using anonymous accounts, effectively a mandate that exchange providers perform know - your - customer (KYC) due diligence, is seen as the latest move to curb the
trading activity
around cryptocurrencies in the
country.