November 22, 2019 China’s central bank continues to crackdown on crypto exchanges,

Following reports last week that the People’s Bank of China ordered inspections of Shanghai exchanges and custodians, the government officially announced “adopt monitoring measures such as interviews, inspections, and bans.” Further, the finance bureau of Shenzhen has recently identified 39 exchanges for inspection, according to the Communist Party-affiliated Shenzhen Special Zone Daily news outlet. The Shenzhen branch of the People’s Bank of China will reportedly aid the bureau’s efforts.

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