👮♂️В China apprehends creators of yuan-linked stablcoin
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In China, the "tops" continue to crack down on all attempts to promote cryptocurrencies. This time, the "Trust Reserve" team created the $CNHC exchange linked to the yuan in 2021 and later created the $HKDC exchange linked to the Hong Kong dollar.
All relatives of the detained were already notified and the doors of the Trust Reserve office were stamped with the following text "Judicial seizure, vandalism will be prosecuted".
Do you think crypto will ever be legalised in China?
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