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Cryptopolitan 2021-06-10 13:16:59

Money laundering: China arrests over 1,000 people for illicit activities with cryptocurrencies

TL;DR Breakdown • China increases its repression against virtual currencies and money laundering.• The Inner Mongolia region prohibits cryptocurrency mining. China’s government officials have paid more attention to cryptocurrency mining to avoid money laundering. So far, China has arrested 1,100 people engaged in fraudulent business with cryptocurrencies. Security officials in the Asian country claim these […]

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