The Fight to Control the $2 Trillion Crypto Market Is Heating Up – BloombergQuint


China said that 10 regulatory agencies, including the central bank, would work together to track down crypto-related activity. The ban even says that overseas exchanges are barred from providing services to mainland investors. The country’s moves over the past few years already had the effect of squeezing local trading volumes, said Randall Kroszner, deputy dean at the University of Chicago Booth School of Business and former governor of the Federal Reserve System. “Even with a VPN, it can be very difficult to connect and can be slowed down,” he said.



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