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How the Crypto Crackdowns in China and US Are Different

cryptocurrency 3 months ago
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China's central bank outlawed all crypto trading activities effective Friday as U.S. federal regulations are also increasingly coming into focus. What are the similarities and differences between the U.S. and China's crypto crackdowns? "[U.S. regulators] are trying to implement an actual regulatory regime ... that's a far sight from declaring transactions illegal entirely, and it does not look like the U.S. is heading down that path," CoinDesk's Nikhilesh De said. Plus, Kentucky ordered crypto lender Celsius to stop offering accounts in the U.S. state. #cryptocurrency #digitalfinance #finance #bitcoin #crypto Subscribe to CoinDesk on YouTube: https://www.youtube.com/user/CoinDesk?sub_confirmation=1 Site: https://www.coindesk.com Twitter: https://www.twitter.com/coindesk LinkedIn: https://www.din.com/company/3104779/admin Instagram: https://www.instagram.com/coindesk Facebook: https://www.facebook.com/CoinDesk Newsletters: https://www.coindesk.com/newsletters CoinDesk Podcast Network: https://open.spotify.com/show/2jyIhkvAQhed8AWDZiPpSP Markets Daily Crypto Roundup: https://open.spotify.com/show/7sDXM8BlxsUqzL2IqmLqwE CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community.
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