Chinas Crypto Re Crackdown Fines And Jail Sentences To Come Into Effect From 1 March

Last updated: June 9, 2025, 07:44

Chinas Crypto Re Crackdown Fines And Jail Sentences To Come Into Effect From 1 March

China

China’s supreme announced powers to jail those found guilty of raising funds through token sales, expanding its crypto crackdown. Amid primarily sensitive market

China’s crackdown on crypto further strengthened on Thursday, as the Supreme Court ruled that crypto transactions constitute “illegal fundraising.” If found guilty

China’s Supreme Court Targets Illegal Fundraising Via Crypto

Thursday

The court declares crypto-fundraising illegal and determines jail time and fines for suspected persons. To be clear, the new bill announced on Thursday is an amendment to previous

Thursday's ruling said that suspects will be prosecuted under Article 176 of China's criminal law, which stipulates prison sentences between three and 10 years and fines

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China has intensified its crackdown

China's crypto re-crackdown: Fines and jail sentences to come into

China has intensified its crackdown on financial crimes, especially those involving cryptocurrency. According to a recent work report presented at the Third Session of

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