Chinese trade associations sound crypto investment warning

The China Internet Finance Association has signed a joint statement with the China Banking Association and China Payment and Clearing Association, warning the public about the risks of investing in cryptocurrencies. According to a report by Shanghai Securities News on Tuesday, the aforementioned trade association under the People’s Bank of China issued a communique titled “Preventing the risk of virtual currency transaction speculation.” Continue Reading on Coin Telegraph We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Leave A Comment

I accept & understand that ExzoCoin 2.0 (EXZO) is strictly a utility token not security or any form of investment of any sort. ExzoCoin 2.0 is utilized as a voucher and a loyalty reward system that enables individuals to gain access to our platforms and services. There is no tie or correlation between Exzo's leadership or contractors efforts to the price of the ExzoCoin 2.0 (EXZO) utility token. I understand ExzoCoin 2.0 (EXZO) is NOT an investment of money, not in a common enterprise, purchasers should hold no expectation of profits from the investment, where those profits are derived primarily from the efforts of others. By clicking accept you agree that you acknowledge, accept, and understand the disclaimers. Continuing on to this website without clicking the "I acknowledge & accept" button will act as confirmation of your acceptance of this disclaimer.