Chinese Media Outlet Hints At Stricter Regulations For Cryptocurrency Assets Post Luna Crisis

Chinese Media Outlet Hints At Stricter Regulations For Cryptocurrency Assets Post Luna Crisis


Bitcoinist
2022-05-31 14:00:25

Through its national media, the Chinese government announced to the public the possibility of tighter regulations against the cryptocurrency sector. This, the media explained, was caused by the recent LUNA crash, which was very traumatic to its millions of token holders. Following the crash of the LUNA algorithmic stablecoin, the Terra blockchain, and the ongoing […]