China body calls digital tokens risky, two bitcoin platforms to shut

China body calls digital tokens risky, two bitcoin platforms to shut

7 years ago
Anonymous $wKBR2uNMvM

https://www.reuters.com/article/us-bitcoin-china/china-body-calls-digital-tokens-risky-two-bitcoin-platforms-to-shut-idUSKCN1BQ07P

A senior executive at China's state-backed internet finance body said on Friday "stateless" digital tokens such as bitcoin posed risks as they could be used for illegal actions, and rules are needed to support the development of "legal" digital currencies.